Creative use of social media puts Cornish finance firm in line for award
Hot on the heels of two recent nominations a firm of independent financial advisers in Cornwall is in the running for success in another trio of awards. Peter McGahan, managing director of Truro and Wadebridge based Worldwide Financial Planning has been shortlisted in three categories at the Media IFA of the Year Awards. Peter, a […]
Attraction of 6.5% dividends
The news that BP is to reinstate its dividend is a welcome one, and investors with all but zero interest rates may well be flocking back to the stock. Investors are being subjected to top end building society interest rates of around 3%, whereas inflation is currently outstripping that. It’s a very difficult position for […]
Cornish IFA urges local business to put forward Budget ideas
A leading Cornish independent financial adviser is urging business people to take up the challenge put forward by George Osborne in the run up to the Budget in March. The Chancellor unveiled plans to ask the public for ideas via a new online Budget portal last month and Worldwide Financial Planning managing director, Peter McGahan, […]
Are banks finally easing lending?
Do you believe that commercial banks are beginning to lend and do you think Project Merlin will force them to? Not really. It’s difficult to know exactly how banks will really be able to be forced to lend and in light of tightening criteria from regulation, it’s probable that lending might even remain tighter for […]
Mortgage market is looking healthy according to Cornish financial planning firm
A Cornish financial advice firm has been pleasantly surprised to see an increase in the number of people taking out mortgages. The national picture is very different to the one Worldwide Financial Planning has seen, which shows a clear improvement from 2009 to 2010. Many of the transactions that took place were remortgages or refinancing […]
Surprise for businessman as comment used to boost funeral book sales
A quote given to the New York Times by a Cornish financial expert is being used to promote a book which offers tips on how to get low cost and stress free funerals. Peter McGahan, managing director of Truro and Wadebridge based independent financial advisers, Worldwide Financial Planning, was surprised to receive an email alert […]
Cornish financial planning firm kick off the New Year with national award nominations
Despite having an impressive collection of silverware in the trophy cabinet staff at a Cornish independent financial advisers are waiting on tenterhooks to see if they have scooped two more. The team at Worldwide Financial Planning is up for two gongs in the Professional Adviser Awards 2011 due to be announced in London next month. […]
Fix my mortgage at 2.14% or gamble?
Should I fix my mortgage or keep it at a standard variable rate? There are two parts to the answer. The first relates to what risk you can take with your monthly outgoings and the other to the update on whether or not inflation really exists. Speak to an independent mortgage broker for advice but […]
Cautious investors lose again
I have been advised to invest in a cautious fund in the stock market but have read about how some cautious funds are really quite risky. Are they suitable? It really depends what the word ‘cautious’ means. It’s purely marketing twaddle for me, and I don’t believe investors are well enough informed on what it […]
Barclays financial planning – Exit stage right
It’s not been a great start to 2011 for the banks in terms of fines for the advice they have given. Barclays were walloped £11m by the FSA but agreed to settle in advance for £7.7m for advice relating to two Aviva funds of the global balanced income fund as well as the Global Cautious […]
Easiest way to invest
I have been advised to invest into a tracker fund but have also read about exchange traded funds (ETF) as they are cheaper. Is that wise? We all have our pension funds, mortgage repayment vehicles, investments and ISAs etc. Each of these is invested into an investment fund which is a spread across a range […]
Money for nothing but it can be for free
I read a column recently explaining that if I used a direct broker for my investments that I was losing out as they were effectively charging me but not giving advice. Is this correct? I’ll make this complicated subject as easy as possible. You can buy an investment product through an Independent Financial Adviser, a […]