However products are not always very competitive
Eg Priveledge Insurance offer vaious inducements such as the chance to win a butler for the day, a pair tickets for Premiership or Scottish Premier League match or £500 to spend with a personal shopper.The Telegraph quotes the folowing example
Prudential anounced on Tuesay 9 May they are introducing a 6 month deadline for complaints about mis-sold endowments.
The title refers to a story featuring myself & clients Picture Lizard in the The full story can be found here.
Thanks to Leigh at the Advertiser.
Was interviewed on BBC Radio Swindon today by Graham Seaman. 
Insurance is for security & peace of mind.
Mortgages are important. They help us buy our homes.
ISAs are not the only tax free savings product around. To download:
1 Right click on the one you want......
2 Choose "Save Target as....." (Firefox users: "Save Link as..."
3 Save it on a convenient place on your PC.
FSA guide to pensions 1: Starting a pension FSA guide to pensions 2: Reviewing your pensions FSA guide to Pensions 3 - annuities and income withdrawal Stakeholder pensions and decision trees The State Second Pension and contracting out FSA guide to the risks of salary-related occupational pension transfers Retiring soon - what you need to do about your pensions Income withdrawal - pension changes Income withdrawal - a retirement option for you? Important information about your yearly pension statement Unlocking pensions - Make sure you understand the risks The Independent asked some leading IFAs (Independent Financial Advisers) about their fund selection earlier in the year
Here are their results.
The Investco Perpetual Fund had very impressive growth of 156.5% over the last three years.
Overseas Funds
Thanks to Rob Lewis
ISA Deadline 5 April.
Use your Allowance or Lose It!
You can invest up to £7 000 in a Maxi ISA.
Additionally you have the potential for much higher returns than a Cash ISA.
Normally the money is invested in a number of funds. Typically it will be a mixture of Corporate Bonds & FTSE 100 Shares.
ISA Deadline 5 April. Use your Allowance or Lose It!
Every bank/building society is after your money with all kinds of claims for their cash ISAs.Let’s lay down some basic criteria
1 Guaranteed rates, not just for the weeks leading up to the Isa deadline
2 Easy access, you can get at you money if necessary
Currently it’s Alliance & Leicester @ 5.2%
Minimum opening amount £1
Rate guarenteed 0.7% above the Bank of England Base Rate
Also: there is a special promotion for their Award Winning Current Account
Do it though an IFA and get a £25 cash bonus!
ISA Deadline 5 April. Use your Allowance or Lose It!
Don't forget the ISA deadline of 5th April.
Tesco are offering 4 cans of Extra Value Bitter for 99p. It is nice, better than Tetley's & their “Best Bitter”. (It is not Royal Duch Post in disguise)
Want to get Cheaper Broadband? For technical information on the different providers/ISPs go to adslguide.org.uk.
I won’t recommend any company as prices & specifications change all the time. (This site does not have sponsored click throughs & blanket recommendations!)
Although if you’ve got 2 PCs, Wanadoo’s £17.99 Wirless & Talk offer is currently good value. If readers have any suggestions or comments please click on the comments icon.
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Rob Lewis has a great set of ideas in his Money Saving March feature.
A self certified mortgage is where you declare your income for mortgages purposes without the usual employer references.It’s useful for self employed people or those who can not provide all the paper work initially. (they can not confirm their income until the year’s accounts are done).
Rates can be higher than standard mortgages, except for remortgages where the person has a track record of repayments
Here are some Free Mortgage Factsheets from the Financial Services Authority (FSA). To download:
1 Right click on the one you want......
2 Choose "Save Target as....." (Firefox users: "Save Link as..."
3 Save it on a convenient place on your PC
If you are unemployed, have debts or County Court Judgements (CCJs) saving & borrowing money are fraught with problems.
An estimated 4.2 million people with mortgages do not have life insurance to cover an estimated £217 billion of debt according to Sainsbury's Bank.
3 Remortgages in the same family arranged
A Tracker Mortgage “tracks” (follows) the Bank of England Base Rate (BoEBR) usually plus a certain figure eg 0.5%.At the moment the BoEBR is 4.5%, so you will pay 5% interest.
If the BoEBR falls to 4.0%, you pay 4.5%
If it rises to 5% you pay 5%.
This is where for 2-5 years the interest rate will be a small fraction above the BoEBR.
After it will revert to a higher figure, usually the Standard Variable Rate (SVR, around 6.5% currently).
Note the caveats at the bottom of the page!
