Offshore investors told to do their homework - Published:19/11/07
People considering moving their money offshore should ensure that they have researched the marketplace and have sought professional advice, it has been claimedAccording to Rhiannon Williamson, director of Shelter Offshore, investors should not make a decision to offshore their money without first consulting a expert adviserInvestors need to be aware that getting such advice may denote they do not waste time and money next a strategy that may not be worthwhile, she said"Not everyone can advantage from going offshore in any way and so it is not worth the time and expense for such populace, so get personal advice before you act," she recommendedEarlier in the year, Rachel Thrussel, skull of savings at Moneyfactscouk, said that the rates obtainable with some offshore savings accounts made them more attractive than some onshore productsHowever, consumers should be cautious of the tax implications of such accounts and know their defense rights to ensure they obtain a suitable deal, she affirmedOffshore investors told to do their.
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Offshore Investors Told To Do Their Homework >>
Consumers to 'benefit' from Skipton rates - Published:23/05/07
Standard changeable rates (SVR) on Skipton Building Society mortgages are lower than those provided by any other mortgage supplierThe building society's SVR remains at 689 per cent, in spite of last week's interest rate add to as implemented by the Bank of England's monetary policy committeeCustomers with Skipton savings accounts are also put to benefit from the base rate trek, with average increases across all variable rate financial records amounting to 023 per centThe rate changes on the Skipton mortgages and savings accounts are set to be rolled out on the first weekend of JuneJohn Goodfellow, chief executive of the group, supposed that Skipton "always makes every attempt to ensure that both investors and borrowers benefit from our competitive advantage"Our latest interest speed changes strike that equilibrium, keeping our SVR the lowest of any.
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Investments suffering because of failure to track inflation, expert claims - Published:28/03/07
assets] asset property] [instant bond] asset trusts] [offshore investment] asset advice]People looking to start saving cash via investments are effectively not as good as off now than ten years ago because of chancellor Gordon Brown's failure to update thresholds on person savings accounts, it has been claimedsavings specialist Alliance Trust has pointed out that, if the savings limit on evenhandedness individual savings accounts had greater than before in line with consumer prices index inflation since open, people would now be able to invest £7,892 every yearin its place, under the proposals set out by Mr Brown in yesterday's Budget, they will be able to spend £7,200 in a day's timeThis effectively means that people have seen their individual savings explanation annual allowance fall by ten per cent, the financial services provider explained"We will carry on to call on the administration to offer real incentives to investors and to move the Isa person savings account] model along with the times by increasing the investment boundary to reflect inflation rates," pledged Malcolm Dodds, savings expert at Alliance TrustAside from individual savings accounts, Alliance Trust also claims to be one of the five largest providers of self-invested individual pension schemes in the UKInvestments Isas would have yielded 40% more than money,.
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Investments Suffering Because Of Failure To Track Inflation, Expert Claims >>
