‘Investments’ Articles
Written by richard on 08 March 2010
An amazing £135 billion of retirement fund fund money is due to mature over the next few years as the BabyBoomers move into retirement. However, thousands of these Pension Investors are short-changed because they miss out on the best available pension advice.
With your Retirement Pension Options you should consider carefully what decisions you make sooner rather than later and of course remember that your Pension Options are often fixed in place once the decision is made.
You could start with the Retirement Options Manual which outlines available alternatives for your Pension.
By altering your pension savings into an income you are making one of the most important financial decision you will ever make. Nearly all company pensions will provide a Pension income routinely, but those with personal pensions and some types of employer schemes must turn these funds into an annuity or similar our Best Pension Annuity Rate service will help you find the most suitable product for you.
Retirement isn’t like buying car insurance, where you do it every year and build up expertise. Everyone’s doing it for the first time – and there is no second chance if you get it wrong. Which is why you need to consider your Pension Options.
So what you can you do to improve your situation.
Looking ahead
I suggest you start to look at your plans some 12 months ahead of the big day (retirement). You will need time to consider carefully the options. Over here at the financezone we have produced a guide to your retirement options which is available for download at nominal cost (if you decide take advice from us we will refund you the purchase price in full) however it could save you many thousands of pounds if you wanted to DIY.
The very latest time to consider your Retirement Pension Otions is about 3 months before your retirement date.
Using these deadlines (12 and 3 months) will give you time to gather information, bring together fund valuations and see how your personal pensions will complement State and workplace pensions.
In most cases, those with a personal pension will end up using the fund to buy an annuity from an insurer, exchanging capital for a guaranteed lifetime income. Our Best Pension Annuity Rate service will help you find the most suitable product for you
But savers must be on the ball, especially those with older pensions that have generous guaranteed annuity rates noting of course these are becoming fewer as years go by. However you must check,
Shop around
Many Pension Investors are not aware they do not have to buy a pension from the company that has managed their money up to retirement. Instead, they can use the open market option to find a better deal with another provider.
Tracking down the best rate can boost your income by as much as half for the rest of your life and remember it is only an Independent Financial Adviser that is able to advise you from all of the providers in the market place and of course provide Impartial Financial Planning Advice.
Usually annuity rates can vary greatly, and often by 10% or more, the actual rate offered depends on many things and often how keen an insurer is to win new business. There are some other reasons why some of you should consider shopping around.
‘Enhanced’ annuities pay better rates to those who have a shorter than average life expectancy. You might be eligible for an enhanced rate because you have been a smoker, for medical reasons, or even because of your postcode.
These are all outlined in the Retirement Options Manual which outlines available alternatives for your Pension.
To put it bluntly, if you are likely to die younger than others you could be getting more income from your Pension at retirement.
Smokers, those of you with health problems, even heavy drinkers and if you are living in certain postcode areas could qualify for a better annuity rate.
Consider the future
An pension bought now may continue for 30 or 40 years, but the income you get is dictated your personal circumstances at retirement.
One option is a fixed-term annuity. This allows you to secure an income for five or ten years then receive a lump sum back to reassess your options.
These work like this, you health could worsen between age 65 and 75 and you might then qualify for an enhanced annuity rate, changing circumstances may also help you get a better rate, e.g. death or divorce means they no longer need to provide for a spouse’s or partner’s income.
There are risks with a temporary annuity, though. Changes in financial markets mean that annuity rates could tumble. This could mean that when the plan matures, your lump sum is not sufficient to replace your existing income.
Another option might be to invest in an annuity that will increase over time. You can buy an index-linked policy that rises with inflation, or one that rises by a set rate each year, but in both cases the starting income will be lower than a conventional level annuity.
There are also investment-linked annuities where the income will be influenced by how stock markets increase over the next few decades. But there is the risk that if markets slump, so will your retirement income.
Do your homework
Before you make the final decision you should consider your options carefully and discuss these with your Spouse and Partner, after a review by an Independent Financial Adviser.
Annuities are not the only choice for those retiring. Opting for an unsecured pension (USP) allows savers to take tax-free cash but leave the rest of the fund invested in stock markets. You can then draw an income from this fund, hoping that market growth replaces the capital you have taken.
A USP can run until age 75, appealing to those who want to work part time in retirement, but it is risky and expensive. Advisers say it typically takes a fund of at least £100,000 to make the sums add up. Advice is essential.
And you do not have to put all your eggs in one basket. You could choose to mix two different types of annuity, perhaps blending a fixed and a rising income.
Whatever you finally decide it is important you understand the decisions made in the lead up to your formal retirement will have an impact for many years. Therefore the lead in time to your final decision is critical.
I have produced a more in depth guide to your Retirement Options which is available for download. There is a small charge for this guide which is full refundable should you decide to take your formal planning advice from ourselves. You can of course contact me here, or call on 0845 226 9106
Richard Smith
http://www.thefinancezone.co.uk
Posted in Best Savings Account Rates, Equitable Life, General Financial News, Investments, News - Updates, Pensions - News | Comments Off
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 05 January 2010
It is quite amazing to me that the regulator, the Financial Services Authority, has allowed the biggest single sector of the UK investment market to end up in a big mess mess.
When considering With-Profits investments, and finding the correct advice via an Investment Adviser both as a concept and in reality, should be simple, however is often completely fudged by providers (Life Assurance Companies).
Despite the obligation for With-Profits providers to publish a PPFM (Principles and Practices of Financial Management) it is still often impossible to uncover all the relevant facts and figures. The PPFM documents themselves are often crammed with impassable terminology and detail and, like With-Profits in general, appear designed to make things as unclear as possible. It is also interesting to note that many Investment Advisers also still get it very wrong.
The approach of many With-Profits companies with regard to transparency is often nothing short of appalling, and is in direct conflict with the FSA’s “Treating Customers Fairly” initiative.
It is hard to believe that in the modern investment world With-Profits still plays such a large part. It is clear that the concept of With-Profits has been mis-sold, allowing Insurance Companies and their sales people to present With-Profits as something it is not (not all IFA’s are wholly innocent either). With-Profits has undoubtedly regularly been sold as a direct alternative to deposit accounts.
There remains somewhere in the region of £300 billion invested in With-Profits, many are trapped by redemption penalties (often called, MVR’s, MVA’s etc.) but the funds themselves continue to deliver appalling results.
However, a small minority of providers (Step forward – Prudential, Aviva, LV= and Wesleyan) have achieved positive and very acceptable results for their plan holders. These companies aren’t rocket scientists, they simply applied the original principles and benefits of with-profits, not chasing market trends and fashions, and investors with these companies are likely to be pleased with the results. Although there are another few companies who have achieved, at best, reasonable returns, somewhere in the region of 40% of all With-Profits investors are in funds that are doomed to underperform substantially in the future.
One of the many contradictions for With-Profit investors is that those in good plans with good companies, achieving good results, are likely to be in a position where redemption penalties (MVR’s, MVA’s, or some other element of the With-Profiits alphabet soup) do not apply, and they can move out of the fund quite easily. Sadly, this is another opportunity for the unscrupulous sales person to lump all With-profits funds under the same umbrella. In a nutshell, the poor funds usually have the highest penalties, the good funds often have no (or very low) penalties.
Yet another contradiction is that the good funds, with the best results, are usually those that have the highest asset allocations in shares and property which, ironically, makes them more vulnerable to market downturns and less suitable for the cautious investor that they are aimed at. Help !
If you have a With-Profits based investment, or are considering investing in one, take advice now and of course I will be pleased to help.
The reality is these investments are often not what they seem and there are a lot of lazy Financial Advisers out there that continue to use what in the modern world is clearly a little out of date.
Over here I pride myself on making sure that all investments fit completely with your overall Risk Profile and use an Independent System (that has been tested) in order to ensure my recommendations fit.
Richard Smith
0845 226 9106
You can contact me here
Related Links are below.
Abbey Life – Poor Pension Providers
Poor Pension Providers – Free Review
With Profits – Investment Advisers
Tags: Abbey Life Pension, Investments, Pearl Assurance, Pension Transfers, Scottish Provident, With Profit Investments
Posted in Equitable Life, General Financial News, Investments, Pearl Pension | Comments Off
Written by richard on 24 September 2009
Richard Smith – The Finance Zone – Market Commentary – September 2009
Equity markets have rallied sharply since early July, during what is usually a quiet time of year (whatever happened to “sell in May and go away”?), encouraged by a better than expected earnings on both sides of the Atlantic and by signs that most developed economies were emerging from recession. The rallies continued to be confined mostly to the “up and down” sectors which had both plunged and bounced fastest in the past year, financials, mining stocks and industrials. More recently, however some of the more defensive sectors have also joined the party.
Central banks have been at pains to say that monetary policy will not be tightened prematurely, which, given their role as guardians against inflation, underlines the strong desire to avoid repeating last winter’s brush with the risk of a full blown economic depression. They have also emphasised the many risks to the recovery. These include too much personal debt, too little bank capital and too much public borrowing. Central bankers clearly believe that domestic inflation pressures will remain contained by the spare capacity created by the recession. It is less certain whether the same applies for imported inflation, since commodity prices may be more sensitive to the rapid growth rates in emerging economies and therefore accelerate before growth is buoyant in developed economies. There could come a time when inflation from this source forces tighter policy in developed economies while they still have spare capacity, one of the downsides of globalization.
Although there are risks to the steepness and persistency of the recovery, central bankers appear set to continue to fund the overall strategy until it is clear that the recovery in confidence is sustainable. Given that there is still a significant lack of certainty over the outlook, it is fair to ask if equity markets are too easy-going in their “everything back to normal” approach. At the very least, greater care will be needed, now that the bargain basement prices have all been mopped up.
EQUITY MARKETS
United Kingdom
The UK has been slower to recover from the steeper than expected fall in output last year and early this. This has prompted the Bank of England to extend its quantitative easing policy, in turn meaning that they take a more cautious view of the recovery than the equity markets. Partly this is due to the equity market expecting recovery in 2010, and pricing that in in advance. The markets clearly expect that the reflationary policies put in place by the Bank of England will work. A revival in hopes for global growth have been reflected by forecasts for the UK, albeit slightly later for UK plc, which expect a turnaround from this year’s fall to a modest, but improving, growth rate in 2010.
The spectre at the feast remains the enormous gap in public finances which even politicians have had to acknowledge as they furiously attempt to defer difficult decisions until after the election. The markets must have their confidence maintained in the government’s commitment to sustainable fiscal policies or they will stop making money available to fund the recovery. That is forcing all parties to admit that significant cuts in public spending, and tax rises, will be needed to close the fiscal gap in a reasonable timeframe. The ratings agencies have warned that the UK will put its AAA status at risk if it does not announce significant public spending cuts in the pre-Budget report. Economic recovery and the natural ending of fiscal easing measures will not alone be sufficient to stabilise and reduce public debt burdens over the medium-term.
Given the inevitability of such fiscal policy tightening at a time when consumers are also trying to reduce personal debt and rebuild savings, the UK seems likely to be less buoyant than the global economy generally. The current competiveness of Sterling should help the usual sectors able to take advantage of this (exporters, tourism etc.).
USA
The US economy is responding to the mind-bogglingly enormous fiscal and monetary stimulus put in place over the past year. This has been helped by the fact that parts of the economy, in particular housing and the motor industry, have effectively been in recession since 2006 and may have reached the absolute low point of the cycle. Like in the UK, the absence of any real controlling process for managing ongoing budgets is likely to cause problems to investors as the economy recovers. The US political system remains open to lobbying and shows little inherent commitment to fiscal restraint, in fairness this is fully representative of US consumers, who seem to believe that the new president is installing a communist state ! The emphasis, and the easier “sell” from the Democrat-dominated Congress, remains focused on increasing spending.
The financial system appears to be rapidly weaning itself off the special support measures put in place last year, with the main remaining vulnerability being to real estate lending. This suggests that the special measures and low interest rates will remain in place for some time yet. The signs of the housing market turning up are important and, as in the UK, have the potential to be confidence inducing and self-fulfilling, as those who have waited to buy now see the market near its bottom and banks can afford to be more patient with borrowers in difficulty. Although the remaining consumer debt overhang remains a similar barrier to the UK’s problem, recovering house prices would enable savings to be rebuilt and allow a faster rate of economic growth while this was maintained.
Europe
Some European economies including, most importantly, France and Germany emerged from recession in the early summer, while others, in particular Spain and Ireland have remained weak. It is notable that both Spain and Ireland were effectively economic “one-trick ponies”, with both economies built primarily on property development and the finance thereof. There remains some concern that job losses in France and Germany have been delayed by their relatively inflexible labour laws and possibly also by the imminent German election. Rising unemployment could therefore be more of a drag on growth and output in 2010 than in countries where employment responded more rapidly to the downturn and where the worst might soon be over. If recovery arrives more rapidly in the exporting economies, such as Germany, than those that are struggling to remain competitive, such as Italy, or those whose economies grew on a financial bubble, such as Spain and Ireland, there could be renewed significant strains on the Euro. The most likely outcome of such strains is probably even greater fiscal and monetary easing rather than the end of the Euro.
Japan
The Japanese economy has begun to recover from the absolute cliff-fall in output last winter, which wiped out 25 years of output growth. The popular discontent with this crash which, let us not forget, came after nearly 20 years of stagnation, led to a political sea-change, with the opposition DPJ winning by a landslide and ending 51 years of almost exclusively one-party LDP rule. Markets are still unsure what to make of this. The new government’s policies are determinedly reflationary and are focused on reviving the domestic economy rather than targeting and relying on export growth. If they can pull this plan off, whilst still addressing the enormous legacy high-debt and high-deficit public finances, the prospects would be bullish for Japanese equities. The key issue is whether their policies can actually revive growth, which in turn would make the fiscal tightening more acceptable and politically feasible or whether they are forced by a lack on international confidence to tighten first, in which case the recovery could fail to start, yet again.
Far East Ex Japan / Emerging Markets
Emerging markets have contributed their positive growth this year, as developed economies have shrunk and, not surprisingly, they seem set to contribute the majority of recovery in 2010. In that respect, decoupling has taken place to some extent, as they have moved on being dependent on the prosperity of western markets to taking on an increasing role in actually driving the global economy. In addition to generally having a younger workforce, confidence has been boosted by general improvements in corporate governance, which has helped to attract inward investment from more conservative investors. The Asian crisis of the 1990’s led to more conservative financial policies, so emerging markets are much less dependent on foreign capital than they were before and in some cases, the dependence has actually reversed. They (in particular China) have the assets and it is the G7 countries that have the debts. The transfer of economic power from the West to the East appears increasingly inevitable.
Bonds
The last few months have seen gilt prices being pulled in opposite directions. On one hand, prices have fallen when investors have focused on the strength of the economic data suggesting that recovery will occur earlier than previously expected. On the other hand, prices have risen over the past month as investors are once again reviewing the possibility of deflation occurring over the next few years, which would clearly benefit fixed interest products. To cloud the issue further, the Monetary Policy Committee recently extended their programme of purchasing government bonds, which in turn boosted the gilt market. The money market’s perception of risk has declined substantially since earlier this year. The yield spread between 3 month LIBOR (the rate at which banks lend to each other) and Bank of England base rate has fallen back to the levels recorded before the financial crisis (about 0.15%). At the height of the financial crisis in September 2008, banks were afraid to lend to one another, fearing bank failures, and the spread widened to nearly 2%.
The performance of corporate bonds has been lively since their low point earlier in the year. In March 2009 the average difference between the returns on bond and gilts was at its widest point for eighty years at 4.4% p.a. This difference has now narrowed to 2.2%, effectively providing a total return from corporate bonds of more than 20% in 6 months. Because of this clearly corporate bonds no longer offer such exceptional value although the yields on offer are still relatively attractive when compared to those available prior to the financial crisis.
Commercial Property
UK commercial property is about to become very attractive to foreign buyers, if it isn’t already. Real values have fallen by up to 50% in some cases and the pound by nearly 30%. Norway’s sovereign wealth fund has stated its intention to invest in UK property as has the US fund manager LaSalle investment, the Australia Future Fund (who recently spent £210m on 1/3 of the Bullring shopping centre in Birmingham). These investors alone will have the potential to arrest the fall in the commercial property markets but, in addition, the major UK house-builders and property developers are looking to raise big money through the stock market in the next few months to ensure they are ready to benefit from any upturn. Although there are still major obstacles for the sector to overcome, not least the shortage of affordable finance, the sector looks sensibly priced at least.
CONCLUSION
Investors correctly understand that, over the long run, equities have delivered, and should continue to deliver, superior returns to those generated by any other asset class. They also appreciate that these returns come with much higher levels of uncertainty in any given period. During the unprecedented period we have just experienced, it is not surprising that inexperienced investors bailed out until “things settled down”. Have they “settled down” now ?
The answer is No. Things never “settle down”. The investment environment remains difficult for investors, because that is the nature of the beast. The key factor is not to have all your eggs in one basket (that inevitably lead to “bubbles”) regardless of what the experts say, and to take a long term view.
Things may well look better now than they did 6 months ago (what wouldn’t !) but in the same way that investors should not be tempted to sell what they wish they had sold a year ago, they should not be looking to buy now what they wish they had bought six months ago.
Tags: Investing, With Profit Bonds, With Profit Investments
Posted in General Financial News, Investments, News - Updates | Comments Off
Written by richard on 16 September 2009
At last the UK Government (via the Treasury) has started to indicate that something is up and they may be looking to raise money in other ways. Possibly because the rates offered from the City are looking to be a little on the high side.
Now before I get a million emails outlining the error of my ways please see article below.
So we finally have some good news on the horizon for Savers, however the Headline 50% increase is unlikely to make a massive difference. However if you remember when Northern Rock first went down. There was a clamour for stable and safe and of course National Savings is one of the safest places to be.
However as the markets have changed and everyone is feeling a little better about the banks money is starting to flow away from the Treasury (National Savings) and go elsewhere.
The reaction is therefore to increase the rate offered and this should stop the flow.
Personally I have always liked National Savings and one medium to consider, and with an increase in the overall rate offered on Premium Bonds and some more to follow I am sure. Make sure you don’t ignore any of the National Savings Products when looking around for safe home.
When considering any kind of Investment it is important that you take advice. If not from ourselves then from your usual adviser.
Richard Smith
Http://www.thefinancezone.co.uk
Posted in General Financial News, Investments | Comments Off
Written by richard on 10 September 2009
Interesting month this looks likely to be. September often is. People are beginning to talk about a Double Dip recession as if it could be a possibility. Maybe they are right.
It will certainly upset most of the Estate Agents in the UK.
So what is my focus over the coming months.
Firstly Poor Performing Pensions with providers like Abbey Life, Scottish Provident and Allied Dunbar to name a few, there is more information in here in these links
Abbey Life Pensions
Other Pension Providers
Free Pension Review
On another point relating to Abbey Life Pensions, if you are approaching retirement some of the Policy Conditions are not that helpful so you should seek advice as a matter of priority.
Other matters include reviewing the fund choice of your Pension and Investment Plans to included ISA’s and Unit Trust Investments. In simple terms if you have not reviewed yours over the past few years September/October looks like it will be in your best months of the year so far.
Given we are facing further uncertainty you should be focusing on your overall spending, and giving your Budget a tweak in anticipation of Christmas which of course is not far away.
Wills are Estate Planning are always topical and you should consider updating/revising or amending yours. Inheritance Tax is one of the few that can be safely avoided.
Thank you for dropping by, please let me have any questions you have by using the form on this page.
I look forward to hearing from you.
Richard Smith
0845 226 9106
Posted in Abbey Life, General Financial News, Investments, News - Updates | Comments Off
Written by richard on 11 July 2009
With Profit Investments
If you live in the South East we are running some seminars covering these areas in the coming few weeks (Book Here, they are free)
Update 14th July 2009 it gets worse With Profit Bonuses Slashed
One day when we live in a world of honesty and truthfulness we will see some investment products disappear from the market place completely.
With Profits Bonds | With Profits Pensions | With Profits Endowments | With Profits. (Full Stop) should all have been removed from the sale many years ago and despite some involvement from the Financial Regulator (the FSA) in the UK they are still on sale.
Designed in the early part of this century to be used by the Insurance Companies to increase profits and hide investment returns these funds are so decrepit, words really do escape me.
In very simple terms these plans work by pooling your money with like minded investors in one managed fund, when these funds grow some of the returns are added back as bonuses (guaranteed) and a further variable amount is held back to add bonuses in poor investment years. This creates a smoothing effect.
The reality is that since 1980 onwards and probably before then it has been possible to get the same result with a far lower level of charges, greater control of your investment overall and of course flexibility.
It is just a shame that most Financial Advisers have seen fit not to use any of the alternatives and of course the Insurance Companies (like Porn or Drug Dealers) that peddle this stuff have seen fit not to provide alternatives because is suits them.
The reality is that With Profits contracts/funds in any guise only benefit the Insurer/Salesman with hidden levels of charges and inflexible terms and very poor investment performance.
We are now in a position where these Funds (or Investment Links) are still being sold as some panacea for customers who are risk averse and are looking for a safe home with high overall returns. Humbug (I nearly swore then). You should avoid these With Profits Investment like the plague (or Swine Flu).
Let me give you some proof, some of you will have noticed that the Investment Markets have started to look better in recent months, and in fact the stock market has risen 18%, to close at 4127 on 10 July, since hitting a 2009 low of 3512 in early March, and what has happened to With Profit returns nothing!
Nearly all of the providers in the market place are still levying penalties for customers wanting to get out of them.
They should change the name of these investments to “without profits” or “ one sided high charging investments that only benefit the insurance company” .
The sale of these products must surely be banned in the short term, and if you own one a review must be carried out immediately. Really you are better out than in with these plans.
It is not possible to explain how poor this type of plan is in this modern world and you are really are better of out of them.
Richard Smith
Independent Financial Adviser
0845 226 9106
Tags: With Profit Bonds, With Profit Investments
Posted in Investments | Comments Off
Written by richard on 07 July 2009
As the investments markets change during any economic cycle it is important that all of your keep upto date with your investments and make sure that they continue to do what you want them to do, with tweaks and changes along the way.
From my perpestive it is vitally important you understand about the level of income generated from a range of investments is not guaranteed and is possible variable.
A story on this matter is here, however if you live in the South East you might be interested in some seminars we are running on the matter. Have look here |LINK|
Richard Smith
0845 226 9106
Tags: Investment Planning
Posted in Investments | Comments Off
Written by richard on 30 June 2009
A couple of stories caught my eye today and of course there is no more goods news anywhere, it would seem.
The first, about Poor Investment Performance has had me shuddering, firstly there is that old bastion of 1950 and onwards the With Profits Bond, or should that Without Profits as they do seem to be struggling of late.
Interestingly enough there have not been enough Independent Financial Advisers to go around when these were on sale, all of them were in the line to make recommendations about using them as part of an Investment Portfolio, only not nearly quick enough to get their clients out in time for the plummet in values. This is despite the FSA making a lot of noise about these and other investments over a long period of time.
I guess that if you are suffering from Poor Investment Performance from any of your Funds you need to be considering further our Investment Seminars – which of course will wake the entire industry up more than a little bit the link to these is here >>
The rest of the story is here >>
As always if you need any further information or advice you can contact me on 0845 226 9106
Richard Smith
Tags: Investment Returns, Poor Investments, With Profit Bonds
Posted in Investments | Comments Off
