New ideas to save the family home
Article Abstract:
The issue of funding long-term care for the elderly in the UK is a very emotive one for which there are no obvious or easy solutions. Most recently, emphasis has been placed on the concept of a partnership between the state and private insurers which would ensure that elderly people who purchased a private policy would be able to retain some of their assets, including the family home. Such people would be able to claim on the policy while they still have assets, and the insurance company would transfer the burden of care to the state when the policy has supplied either a fixed value or care or paid out for a specified length of time.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Gambling on Third World debt
Article Abstract:
Investing in bonds and loan stocks issued by Third World countries, especially in Central and Eastern Europe and Latin America, can actually be less risky than investing in the shares of companies listed in emerging markets, according to broking firm Greig Middleton, which is sponsoring the new Sovereign Debt Trust. This is because bonds would always retain some residual value, even if bond prices collapse. Investors would have to be prepared to take some risks, but could see returns much higher than those associated with developed economies.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Property - still an investment?
Article Abstract:
The UK property market is currently showing clear signs of revival after five years of stagnation. However, the revival is uneven, and some sectors of the market have seen no real recovery at all. Turnover remains low, with around 1.3 million homes set to change hands in 1996, compared with 2.15 million in 1988. There are still 500,000 people with negative or zero equity, and they remain unable to move.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: When the minister has to face the fax. Mr Christopher's bag of bones
- Abstracts: Step back from the Euro debate to make investment decisions. Car wars: the US strikes back
- Abstracts: The story of the Mitfords is the story of Britain in the 20th century. The Nobel art of picking winners
- Abstracts: Major has been fishing in troubled waters. What have they done to Hillary?
- Abstracts: How to have a field day with the secret of local historians. No village shop? Then open one