It's our weekly heads up on articles that may have raised your clients' eyebrows over the weekend...
Honey, I saved the kids...
With the cost of raising a child approaching £220,000, it's a wonder parents are able to put any money aside for them. But plenty are, apparently: some 295,000 Junior ISAs were opened in 2012-13. The Guardian's money section ran through the savings options for parents, covering children's savings accounts and even stakeholder pensions, as well as JISAs. This is definitely worth a forward-on to relevant clients. Read more HERE.
Past fund performance may provide absolutely no guide to future returns, but it's difficult to ignore some of the numbers posted by particular managers year after year. Consistency is what they all strive for. The Telegraph profiled five fund managers who, though they may have had their ups and downs, have all stood the test of time. Paul Mumford, Neil Woodford and Nigel Thomas all get a mention, and clients may want another look at their fund holdings. Read more HERE.
Trip to the vets?
While they're looking to see of they've got any Woodford or Thomas, investors may also want a quick check to see if they're invested in any of the so-called ‘dog' funds. The amount of cash investors have in these vehicles has soared from £12.1bn at the start of the year to £13.3bn now, according to Bestinvest, which compiles the figures. To qualify as a dog, funds must have underperformed in each of the past three years and by 10% or more over the period. The Independent looked at whether investor should flee the funds. Read more HERE.
Our weekly heads-up on the articles your clients may have read at the weekend
It's not you, it's me
No matter what National Savings & Investments does, it is finding it hard to put off investors. Despite lengthening Premium Bond holders' chances of winning prizes, and cutting rates on three of its other leading products, including its popular Income Bond, investors seem to love the idea of a monthly draw, and are otherwise enticed by its savings range. But, as the Telegraph reported, all this means the NS&I could end up with too much money on its books, and it may be forced to take action. Clients may want your take on this. Read more HERE.
Hey, big lender
Big mortgage lenders with big advertising budgets are the first port of call for most borrowers. But a piece in the Mail on Sunday included research suggesting small, local lenders and a host of new entrants and lesser-known names - the so-called ‘mortgage minnows' - offer some of the best, most flexible deals around. Read more HERE.
Lack of innovation for solutions
Some 2,000 consumers affected
Achievements, charity work and other happy snippets
Appetite has suffered since Brexit vote
'Failure to pay attention can result in enforcement'