Q. My partner and I are saving up for a deposit for our first house. It is tough and we are really scrimping and saving. Is it still true to say that in the long term buying a house is a financially sound option compared to renting long term? A. This is a difficult question… Read more »
Topic’s covered this week: Markets close tumultuous January on the up as US Fed keeps its cool US earnings shaping up as we expected: Better than analysts’ expectations BREXIT – an economic and financial assessment Insurance programme for bad Italian debt US earnings: Markets versus the real economy For the latest Market Comment please click… Read more »
Q. I have a deferred pension with my previous employer. It is a Final Salary Pension which I can draw in three years time. I have recently received a transfer value and am quite amazed at the size of it in relation to a transfer value I had quoted about three years ago. It is… Read more »
Topic’s covered this week: Crisis of confidence in central banks’ omniscience emerging as sell-off drive UK economy and interest rate update Differing economic outlooks at Davos 2016 The ‘Great Transition’ of China causes market wobbles Saudi Arabia showing first signs of (oil) pain US earnings: Markets versus the real economy For the latest Market Comment… Read more »
Q. I have a pension through the employer I have just left, where there was a clause allowing retirement after age 50. I am attracted by this, and also the flexibility to draw more benefits early, as my other main defined benefit scheme is not accessible until age 60. Can I transfer to a flexible… Read more »