Week in review: Friday 5th June 2015
Summer made a brief appearance in Cranleigh this week, prompting much debate at Sundial House about the calorific properties of sorbet versus ice cream.
This week at Informed Choice we’ve been writing about Premium Bonds, pocket money and stimulating appetite for people with dementia.
In our latest podcast episode, Martin talks about the worrying lack of female fund managers, how our genes cause us to make bad financial decisions & why he doesn’t wear a suit to client meetings.
Informed Choice has also been in the press this week; in the Guardian talking about Premium Bonds and the Daily Mail on property as an investment in retirement.
There was some good news for savers from ERNIE earlier this week, as the Premium Bonds maximum investment was increased from £40,000 to £50,000 on Monday 1st June.
Average weekly pocket money has fallen from a six-year high of £6.50 in 2013 to just £6.20 a week now, according to the latest annual Pocket Money Survey from Halifax.
The FTSE 100 index of leading UK company shares ended May at 6,984.42, rising by only 23.79 points or 0.34% during the month. We review the investment and economic markets in our latest monthly investment update.
The GAD (Government Actuary’s Department) rate for June, which is used to calculate the maximum income from capped drawdown, has increased to 2.25%. It’s the first increase to the GAD rate so far this year.
We are often told of the need to retire later, work longer. But you can’t always choose your retirement age, as this post by Nick Bamford explains.
One of the biggest challenges for people with dementia is stimulating their appetite and encouraging them to eat enough food. A new device called Ode is designed specifically for people with dementia to encourage them to eat more.
This week in episode 26 of the Informed Choice Podcast, Martin talks about the worrying lack of female fund managers, how our genes cause us to make bad financial decisions & why he doesn’t wear a suit to client meetings.
Bricks and mortar have provided stellar returns for many people over the past couple of decades, prompting many to rely on property as their pension. Martin shares his views in this article for The Daily Mail.
On the week the maximum investment in Premium Bonds increased from £40,000 to £50,000, Martin is quoted in this article in The Guardian.