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Wealth Knowledge August 2018
- 2nd August 2018
- Posted by: shayne
- Category: Wealth Knowledge
No CommentsCashing-in pension pot could cost savers Savers could be losing out on retirement income by withdrawing cash from their pension pots, a regulator has warned. A report by the Financial Conduct Authority (FCA) found that some customers in drawdown could receive 37% more retirement income every year by investing in a mix of assets rather
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Collective investment schemes
- 2nd August 2018
- Posted by: shayne
- Category: Investment
Collective investment schemes Unit trusts and OEICs in focus. Collective investment schemes, such as unit trusts and open-ended investment companies (OEICs), are shared funds in which a fund manager pools capital and invests into assets including stocks, bonds and property. Both OEICs and unit trusts are also known as open-ended funds as there is no
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Funding your child’s higher education
- 2nd August 2018
- Posted by: shayne
- Category: Financial Planning
Funding your child’s higher education Preparing for the costs of university in the long and short term. In July 2017, the Institute for Fiscal Studies estimated that the average student in England will graduate with a debt of £50,000 – an overwhelming figure for the many parents who want to see their children through university.