‘Important’ Articles
Written by richard on 16 February 2010
When looking for the Best Saving Account Rates you need to remember that these are at an all time low and on doing some comparisions for a client this morning can offer you some very good news indeed.
Best Saving Account Rates Rates
The panacea for risk free investments has to be:-
A guaranteed Interest Rate with no risk.
A Guarantee that the Rate Paid will be set by an Independent source.
A Guarantee that the Rate Paid will be the average of the Top 5 Best Buy Accounts in the market not only only today but on an ongoing basis, which means you can always be assured of the Best Rate.
How about an account that pays the average of the 5 highest interest rates on the market. No more shopping around or moving your money – just one top-5 rate for everyone, always.
* Tracks the 5 highest rates on the market
* Interest rate adjusted weekly
* No introductory bonuses – one market-leading rate for everyone
* £25,000 minimum deposit. 3 months’ notice for withdrawals
Best Saving Account Rates Rates
Further information.
Interest on your account is calculated daily and paid either monthly or annually, into an account of your choice, without charge*.
* Charges do not apply for BACS transfers to UK bank accounts
Withdrawing funds
When you make a withdrawal, we will send your money to any UK account free of charge*. You need to give 3 months’ notice to make a withdrawal.
For more information please use the form below to send us a message.
or call on 0845 226 9106
Tags: Investment Planning, Investment Returns, ISA Investments, Poor Investments, Savings and Investments
Posted in Important, Investments, News - Updates | Comments Off
Written by richard on 15 February 2010
Fund research – As you may, or may not be aware, when researching the funds for the database I ignore the latest trends, new funds and “star” managers, and concentrate on analysing the actual performance achieved. So when attempting to pick the top performing funds it is refreshing to find an Investment Adviser that is getting it right.
Trustnet recently published their list of 122 “Alpha” managers, i.e. the managers who add real value to the investment process (list attached). Having checked the top managers on their list against my recommended funds it is nice to know that our clients money has 12 of the top 15 managers looking after it.
Now you can choose to take Investment from anywhere, but before you do ask the right question. My clients have and I can prove it.
Richard Smith
Posted in Abbey Life, Equitable Life, General Financial News, Home Buyers, Important, Investments, NPI News, Pearl Pension, Royal Sun Alliance, Scottish Provident, Windsor Life | Comments Off
Written by richard on 17 July 2008
Confusing, Misleading and downright wrong, just some of the comment in relation to House Prices in the UK.
Not my words below, but I am in whole hearted agreement.
The latest data says house prices are falling and rising. Confused? Both Nationwide and Halifax’s house price indices say prices are falling month-on-month and year-on-year, yet the Land Registry paints a different picture.
It says house prices were flat in May but up 1.8 percent year-on-year. East Midlands, East Yorkshire, London, Wales and the West Midlands all showed price increases, with the South-East flat. Only the North-West, South and North-East recorded falls.
Year-on-year all property types showed price growth. Detached and semi-detached properties were up 1.2 percent, terraced ones increased 1.8 percent and flats were up 2.1 percent on average.
To find out why we have such conflicting information you have to delve into how and what each index measures. To my knowledge, Nationwide and Halifax calculate their figures using samples of their own data and are not based on completions but on an earlier stage of the process. Land Registry figures are based on completed house sales and exclude remortgages.
Some may argue that the Land Registry figures have a natural time lag built into them of around three months, which is probably true. But even allowing for this the price falls it records do not look as steep as the other indices. I think house prices are cooling but depending on your viewpoint you can take radically different positions. The media is taking a more sensationalist approach as it’s a sad fact that good news does not sell newspapers.
I wonder how many brokers regularly check the Land Registry data, which gives a detailed breakdown of regional house prices. Surely they owe it to customers to be informed about what’s happening locally.
What is clear is that the number of house sales is significantly down year-on-year. The crux of the problem is not affordability, credit quality or arrears levels but the lack of finance available to borrowers. In fact, supply and demand dynamics suggest house prices should be going up not down – just look at how many new houses are being built compared with population growth.
When liquidity returns so will house prices. So Prime Minister Gordon Brown and chancellor Alistair Darling should be focussing on bringing liquidity back to avoid a house price crash. But what has the government done since the credit crunch began last August? Nothing.
A record amount of liquidity is flowing into building society coffers yet the authorities won’t allow them to lend it to borrowers. Even its Special Liquidity Scheme has yet to deliver £1 of liquidity. Brokers will tell you that demand is still there. The problem is that customers cannot get a mortgage. Pull your finger out, Gordon.
Richard Smith
0800 781 2031
Article Reproduced from Mortgage Strategy Magazine
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Written by richard on 20 February 2008
On the 29th March 2008 the WWF are asking all of us to turn of all essential power for 1 hour, across the world.
This is to highlight several facts. I will be supporting it along with the rest of my Family.
I urge you to support it as well. WWF
There is a further news story here >>
Richard Smith
The Finance Zone 0845 226 9106
Posted in Important, Uncategorized | Comments Off
