Investments| The Mechanism for the Euro Bailout | Savings
Investments| The Mechanism for the Euro Bailout | Savings The grand leaders of the Euro bloc are meeting today to put together the Grand Bailout to ease all Bailouts with a further gathering -if they turn up, and assuming that the Gravy Train, ‘The Ponzi Express’, does not get derailed in the meantime, of the [...]
Pensions| Resolution: In Search of the Wholly Trail! |Investments
Pensions| Resolution: In Search of the Wholly Trail! |Investments 20 or so years ago there were about 100 different life companies in the UK – these consisted of pensions companies and investment companies, life companies etc., who were all fishing for business in the UK market place. In those days the pickings were good, high [...]
Investments|The banks & a matter of trust! |Pensions
Investments|The banks & a matter of trust! |Pensions Oh dear, Oh dear, Oh dear – the banks have been caught ‘at it’ again. A recent under-cover investigation by the organisation Which! has found serious examples of poor bank financial advice (32 out of 37 advisers made misleading statements about investment products) where bank advisers were [...]
Pensions & Investments| Making your last £10 coincide with your last breath!
Pensions & Investments| Making your last £10 coincide with your last breath! Many people build up odd pension pots during their lifetime and often bits and pieces of investments also, along the way, viz., PEPS, Tessa’s ISA’s the odd Bond here and there and one or two pension pots. Also they may have been members [...]
Pensions | Annuities – are not the only fruit in the basket! | Investments
Annuities – are not the only fruit in the basket! How many consumers think that when they get to retirement their pension ‘pot’ has to be turned into an Annuity? Well, according to the Association of British Insurers research published in the report ‘Annuities: the consumer experience’- found that two-thirds of people buying an annuity buy them [...]
Pensions | Euro ‘Ghosties’ and Greek ‘Ghoulies’ | Investments
Pensions| Euro Ghosties and Greek Ghoulies|Investments I was talking to a client the other day about the ‘happenings’ in the Eurozone, and in particular the situation with the passengers (Ministers) on the Euro Gravy Train ‘The Ponzi Express’ and in my last post I contemplated that there was a danger that the only light at [...]
Pensions| Greece the Musical – oh Mama Mia!|Investments
At a stroke yesterday the Greek Prime Minister George Papandreou stunned the markets, to say nothing of Ms Merkel and Ms Sarkozy, by calling for a Referendum on the crisis in Greece. This one statement had the effect of driving down markets by over 2.2% (FTSE100) which is more than the total GDP of Greece [...]
Pensions| France, the Euro, and a Printing Press – the answer to a Mademoiselles’ prayer |Investments
France, the Euro, and a Printing Press – the answer to a Mademoiselles’ Prayer. Last week I spent a week in France. The purpose of my visit was to oversee some building work being carried out on a property (Farmhouse) that we bought in 1997 as a wreck. We are in the process of adding [...]
Pensions| the ‘excessive’ hidden fees on pensions – with balance!
Well, here we go AGAIN! Front page headlines in The Daily Telegraph ‘Prudent savers hit by ‘excessive’ hidden fees on pensions’ – If it bleeds, it leads! is the mantra as far as newspapers are concerned, but once again I raise the question ‘where is the balance in the article?’ The Beef Just to pick [...]
Pensions| ‘….caught in a land-slide, no escape from reality….’
Pensions| ’….caught in a land-slide, no escape from reality….’ Fans of Queen will instantly recognise the words above ‘…caught in a land-slide…’ etc., as being one of the key phrases from Bohemian Rhapsody by Queen, that haunting, brilliant song written (it’s thought) by Freddie Mercury – in many ways that particular song should never have [...]