A new tax-free account for saving for children has been proposed by the Treasury. The account is remarkably similar to the recently-axed Child Trust Fund Scheme, with the notable difference that there would be no Government contributions to replace the £250 voucher in the Child Trust Fund. Read More
Investment advice is still a service that only the minority is availing of, warns Principle First. “Only 20% of consumers in the UK are seeking financial and investment advice, shocking statistics for something that should be so important.” With the lack of investing advice, many people have poor-performing ISA’s or bonds, and have not adequate pension [...]
The gradual decline of pensions provision in both public and private sectors may lead to a situation where large portions of the population are strapped for cash in their retirement.
