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This is the time when we are all out shopping for the perfect present for our friends, families or even ourselves. But the gift that keeps on giving is to turn yourself into a more successful investor in 2020. Here are five ways to add shine to your savings: New year resolutions: While it’s important … Read more
Investors who hold their savings with Hargreaves Lansdown are finally free to move their cash to a rival firm penalty-free. Experts say the move to scrap its exit fees is an attempt to repair the firm’s reputation, which has suffered in the wake of the Neil Woodford debacle. Others warn that the decision could spark … Read more
On Monday, star fund manager Neil Woodford made the shock decision to block withdrawals from his flagship Equity Income Fund. The move has sent shockwaves across the City — but what does it mean for ordinary investors? Investors have been assured that while the value of their investment could rise or fall their money is … Read more
Neil Woodford’s struggles were not fresh news but his fund being shuttered was a shock. Investors who have stuck with Woodford’s Equity Income fund, including yours truly, are now locked in until an unspecified future date – in a move trailed as having been made to protect us. The soap opera of Britain’s most famous … Read more
There’s more to choosing an investment fund than deciding on a manager, your favoured spot in the world and the level of risk. One choice that is not often highlighted is the type of fund. Fund types include unit trusts, open-ended investment companies (Oeics), investment trusts and exchange-traded funds. All types of fund give investors access … Read more