Monthly Archives November 2010

Getting My Head Around RDR

I’m trying to find a succinct and comprehensive explanation of RDR and what it means for consumers but so far I’m struggling so I’m going to try and piece something together from what I can find which, is mostly how it will affect advisers. Interesting that a change to the investment market that is intended to benefit the consumer does not appear to be very well publicised. In fact, I searched for it on the FSA consumer website Moneymadeclear and I couldn’t find anything. I think quite a few people would be grateful if the FSA started to make the
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I Forgot to Mention

On the 22nd of October I passed the Investments & Risk module of the IFS Certificate in Financial Advice (CeFA). This is the IFS qualification that is needed to be recognised as an IFA and until 2012 the 4 modules are: UK financial services industry, regulation and ethics investments and risk protection retirement planning After 2012 the Diploma in Financial Advice (DipFA) will be required to continue working as an IFA. So, I’m pleased I’ve got the recent exams out of the way but there’s still a way to go! I’ve already received and started on the next module ‘Retirement Planning & Protection’ (2 more exams). Once that’s out
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Boosting your savings: a simple guide to ISAs

UK based savers searching for the best savings rates for their money should first make sure that they’re taking advantage of their ISA (Individual Savings Account) allowance. While interest earned from money in an instant access savings account is taxable, cash ISAs offer the opportunity for tax-free savings – up to a point. The current limit for cash ISAs sits at £5,100 per person per tax year – and it’s worth filling that wherever possible as unused allowances don’t roll over to the following year. You can add to your ISA in chunks throughout the year as many times as
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I’ll be 78 When Oil Runs Out

I’ve just been introduced to http://www.worldometers.info/  “a really interesting website with live world statistics on population, government and economics, society and media, environment, food, water, energy and health. Interesting statistics with world population clock, forest loss this year, carbon dioxide co2 emission, world hunger data, energy consumed, and a lot more”. According to Worldometers, oil only has 15,364 days left. That’s 42 years. That means anyone aged 50 or less has a reasonable chance of outliving oil reserves and seeing a vast amount of change in the world in the coming years. How old will you be when oil runs out? I
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Bye Sky Bye

Leaving Sky and switching to BT. Thank you Sky for once again automatically upgrading my broadband to a service that costs £7.50 per month more just because you seem to think I’d gone over my paltry usage allowance for the second time in 6 months. And then to be told I have to stay on that package for at least 1 month before I can be downgraded!? So, let me get this straight. Sky upgrade me without giving me a choice to opt out until they’d charged me £12.50 for a months worth of service that I didn’t even want? Is that legal? Anybody…? I work
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