This morning the following issues are discussed by David McCarthy -Savings Survey reveals some interesting statistics, one of them being that a quarter of adults have a nest egg that no one else knows about; Difficulty in repaying finance on a car; Planning for the future and Inheritance Tax
David discusses the following on Galway Bay FM: Reinvesting monies from Prize Bonds; Listeners Life Assurance question; saving for your children’s education; PCP (Personal Contract Plan); Is compensation likely for those who were encouraged to give up their Tracker rates?
Listen below for more details:
Question: I see a lot of publicity about the lack of availability of Mortgages for new housebuyers. However, do you think it would be a good time to look at changing an existing mortgage from one bank to another?
Reply: The volume of lending to new housebuyers is excessively low, which has forced banks into providing attractive mortgage Read more..
Question: I have a Life Assurance Policy which I took out as part of the old SSIA and I am still making contributions to it. Should I continue or look at alternatives?
Reply: Policies that were sold to investors by Life Assurance Companies, as part of the old SSIA Scheme, were open ended and Read more..