The Government has issued a consultation on allowing transfers between Child Trust Funds (CTFs) and Junior ISAs (JISAs). CTFs were one of Gordon Brown’s recurrent Budget ideas. They eventually became reality in April 2005,with the Government making payments of around … Continue reading →

The Financial Conduct Authority has undertaken some interesting research. Interest-only mortgages are a simple concept: you pay the lender interest and leave all capital repayment until the end of the term. Until the early 2000s interest-only mortgages were commonly accompanied … Continue reading →

The Queen’s Speech marked the start of reform of long-term care. Last month’s Queen’s Speech was criticised in some quarters for a lack of legislation – there were only 20 Bills announced, two of which were in draft. However, two … Continue reading →

The value of investments can go down as well as up… The second half of May saw a sudden bout of jitters hit global stock markets. As the graph shows, until mid-May the major markets had been enjoying a good … Continue reading →