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Personal Finance news from telegraph.co.uk
Offsets for life’s financial ups and downs
Published On October 03 2007
More people are choosing this flexible product which, by taking into account your savings, can reduce interest payments substantially, writes Michael Coogan,
QUESTION OF THE DAY
Published On October 03 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 02 2007
First Direct fixed-rate offsets: 5.4pc or 5.99pc
Stockbrokers’ tips
Published On October 02 2007
Stockbrokers updates aboutDiageo , Ladbrokes, Marks & Spencer and others.
QUESTION OF THE DAY
Published On October 02 2007
A reader writes: in this week’s Money section there was an article on Long Term Care Rule Changes, which included a case study. I have read this several times as I am intrigued as to how Mr Shore managed to obtain an income of £21,400 (rising by 5 per cent annually) by buying an annuity for £85,165…
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