RCLOGO-3
  

Call Richard Cook: 07770 575 122

email: richard@theinvestmentandretirementcoach.co.uk

Blog

Woodford Update. 20th July 2019

Just one interesting development this week. FCA Chief Andrew Bailey accused some firms of not following the “spirit” of the FCA rules in the way in which they dealt with the Woodford funds at the FCA’s annual public meeting. He said ” firms appearto be following the letter of the rules but not the spirit”. […]

Lindsell Train Funds: Real problems or Hargreaves Lansdown over-reaction?

Hargreaves Lansdown have announced that two Lindsell Train funds will be removed from their Wealth 50 list of favourite funds. Over-reaction is my conclusion. But why? This all comes back to the Woodford debacle and criticism of Hargreaves Lansdown for keeping his funds in their Wealth 150/50 lists for far too long. It has been […]

Is Financial Advice too expensive?

A recent survey found that nearly 6 million extra people would be prepared to pay for financial advice if it cost less. The question I would have asked is whether the cost of using a regulated financial adviser is value for money compared to using one of the user friendly, online, no advice, platforms such […]

Woodford UK Equity Income Fund: Update 25/06/19

Dealing on this fund was suspended for an initial 28 days on 23/06/19 but I would not be at all surprised to see the suspension extended beyond the initial 28 days. In the last month things have gone from bad to worse for Woodford. Not only did Hargreaves Lansdown remove his funds from the Wealth […]

Is any of the £3.7bn trapped in the Woodford UK Equity Income Fund your money?

If so, just how did that happen? The writing has been on the wall for some time. I sold out of my Woodford funds in Nov 2018. Probably later than than ideal but nevertheless a good decision as his fund has under performed the FTSE 100 Index by about 18% since I switched. And I […]

Another nail in Woodford’s coffin

My apologies for banging on about this if you have already sold your Woodford funds but an article in this weekend’s Times indicates just how tough he is finding things. They reported that he has dumped his entire stake in one of the UK’s most promising science companies. The suggestion was that the holding was […]

Junior ISAs gaining in popularity

Are your children/grandchildren missing out? There are very good reasons why almost 15% more plans were subscribed to in 2017/2018 than the previous year. With interest rates remaining low the traditional way of opening a Building Society account to save for a child is unlikely to produce anything like the returns available from an ISA […]

Do Hargreaves Lansdown have Woodford in a headlock?

Just who is running the LF Woodford Equity Income Fund? The latest investment report from Hargreaves Lansdown discloses significant changes in the investment strategy/processes. The proportion of the fund invested in unlisted stocks will be reduced significantly by the end of 2019 and removed entirely in future. But that change has only occurred following “encouragement” […]

IHT tax receipts hit record breaking £5.4 bn

These latest figures were published by HMRC just last week. Since 2009/10 receipts have increased both in terms of annual revenue and as a proportion of GDP. My view is that this is just plain wrong. Families who have worked hard and paid their taxes throughout their lives should not be penalised just because they […]

Would you like to be £8,000 better off courtesy of HMRC?

If you are a higher rate tax payer aged over 55 read on. If not unfortunately this is not for you. This is not theory. It is exactly what one Hargreaves Lansdown client achieved just before the end of the tax year. She was aged 57 and would have paid higher rate tax on about […]

Sign up to my mailing list

×
Fearless Retirement

Register to be in with a chance of receiving one of 25 complimentary copies of my book “Fearless Retirement

×

Need more information?

Use the form below to contact me and I’ll get back to you as soon as possible.

Your Name (required)

Your Email (required)

Your telephone number:

Subject

Any particular problems/ issues?

×
Read my featured articles on money success here;
article-1
article-2
article-3
×