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QUESTION OF THE DAY
Published On October 04 2007
A reader writes: if I invest £50,000 in a pension fund, I will typically receive an annuity for life of around £3,300 per annum gross. When I die, the annuity provider keeps the capital. If I invest £50,000 in a savings account, I will receive interest of around £3,300 per annum gross. When I die, the capital becomes a part of my estate. Why then would anybody in their right mind buy a pension?
Deal of the week
Published On October 03 2007
Saga fixed rate bond: 6.92 per cent
Why it’s crunch time for the self-employed
Published On October 03 2007
Fair or unfair, nervous lenders are already shying away from those without regular payslips, writes Teresa Hunter.
Has sub-prime pricked the property bubble?
Published On October 03 2007
Property funds have been losing money this year, but investors’ appetite showed no sign of abating. Until last month, that is. James Phillipps reports.
Post Office plans to deliver mortgages
Published On October 03 2007
The Post Office is to take advantage of the Northern Rock crisis by launching new mortgages in the troubled lender’s heartland of the North of England.
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