How to build on a basic pension
Article Abstract:
There are a number of ways of investing in order to boost a basic pension. Consideration should be given to making maximum additional voluntary contributions. If a fixed-pension option or added years are available, then this is usually preferable to money purchase because of the current extremely low annuity rates. It is also worth considering contributing to a corporate-bond personal equity plan. Rather than holding a large amount of money in a building society, savers may wish to invest in the Sun Life distribution bond. This maximizes medium to long-term capital growth tax-efficiently.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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How a family can avoid growing pains
Article Abstract:
It is common for couples to begin to worry about money when they start a family. They often find that their income falls considerably, and they also feel more concerned about planning for their financial future. It is wise to try to keep a cash reserve equivalent to three months' outgoings. Consideration can be given to taking out a fixed rate mortgage, as this guarantees repayments for a fixed period. It is important to have insurance against disability, illness and death.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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