The idea of walking across a tight rope suspended high above the ground would represent a profoundly daunting prospect to most of us, so imagine just how alarming this act might be had you to perform it with no harness or safety net to break your landing in the event of a fall. Human nature is driven by an instinct for protection and self-preservation from the vagaries that life can throw at us, and yet many of us somehow neglect this safety net principle when it comes to protecting ourselves, our loved ones and our way of life within our financial planning.
You do not need to be familiar with the terminology of financial markets to know that when a financial fund is labelled as a dog fund, this is not meant as some fond term of endearment. Rather than being something fluffy and family-friendly, a dog fund is one that has delivered worse returns than the market it invests in for three consecutive years, and by more than 5 percent over the entire three year period.
The value of gross residential mortgage lending was £21.6 billion in January 2019, 1.5 per cent lower than the same month the previous year (£21.9 billion), according to the latest figures from UK Finance.
Women from all over the country joined together in a demonstration in Glasgow last Saturday to protest changes to the qualifying age for the state pension, which had been altered with little or no warning.