By Rachel Efetha, Chartered Financial Planner. At University, the first thing I was told in my first lecture was that on day one of employment, I should start paying into a pension. However, I was studying BA (Hons) Financial Services and learning about pensions was part of the syllabus. I wonder how many engineering students [...]
If you are a first time buyer looking to get a deposit together I am sure that you must have considered the Bank of Mum and Dad. For many this bank if often closed or running out of cash. Not all parents have funds saved up to help. Recent figures show that parents gave their [...]
Congratulations to John “Bob” Cossons on receiving top marks from a national publication on the mortgage advice he gave. Each week a mystery shopper from the FT Adviser seeks advice from independent advisers in the UK. The FT Adviser is part of the well-respected Financial Times Group of publications. The aim is to find out [...]
Over the last few months, a number of mortgage lenders have announced interest-only mortgages designed for retired people. These interest-only mortgages will run until the death of the mortgage holder. Why is this happening? Traditional interest-only mortgages were popular in the Nineties and 2000s. Interest was coved monthly and additional funds were paid into a [...]
