Lifetime Isas allow under-40s to save for a home and retirement at once, and the Government is offering free top-ups worth up to £32,000 if you max out your fund during your younger to middle-aged years. That sounds like a big giveaway, but these Isas have sparked a barrage of criticism, amid fears younger savers could make poor financial decisions and be left out of pocket in the longer run. Watchdogs have insisted on robust safeguards, including making providers issue risk warnings before accounts are opened. We look at how Lifetime Isas works, what types of products are available, and their benefits and pitfalls. Giveaway: Government is offering free top-ups worth up to £32,000 if you max out your fund, but most young people are likely to empty it when they buy a home For those weighing up whether to open a Lifetime Isa - or give money to a younger family member to do so - we explain what issues to consider beforehand. But savers should be aware that there are … [Read more...] about Should you open a Lifetime Isa? What’s on offer to young savers
What do investment firms do
Published April 29, 2019 Markets Motley Fool Facebook Twitter Comments Print Diamond Offshore Drilling Inc (NYSE: DO)Q1 2019 Earnings CallApril 29, 2019, 9:00 a.m. ET Contents: Continue Reading Below Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, ladies and gentlemen, and welcome to the First Quarter 2019 Diamond Offshore Drilling Inc. Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we'll conduct a question-and-answer session and instructions will follow at that time. (Operator Instructions) As a reminder this call is being recorded. I would now like to introduce your host for today's conference, Samir Ali, Vice President, Investor Relations and Corporate Development. Please, go ahead. Advertisement Samir Ali -- Vice President, Investor Relations and Corporate Development Thank you, Sarah. Good morning, everyone, and thank you for joining us. With me on the … [Read more...] about Diamond Offshore Drilling Inc (DO) Q1 2019 Earnings Call Transcript
By: Merryn Somerset Webb 31/01/2019 Merryn Somerset Webb talks with Bruce Stout of the Murray International investment trust about how investors can protect their wealth and make money in our over-indebted world.You can listen to Merryn’s full interview with Bruce on the MoneyWeek podcast It’s a rare journalist who leaves an interview with Bruce Stout feeling cheered up. And as our meeting last month kicked off, it looked as if it was to be no exception. We started with the horrible build-up of debt across the world – and the monetary policy it has forced. You can divide recent financial history into “before 2008” and “after 2008”, says Stout. Before, a risk-free return was possible (interest rates were higher than inflation). After, it was not (interest rates are at, or lower than, inflation). And if there is no such thing as a risk-free return, everything goes haywire. Everyone with cash feels they have no choice but to … [Read more...] about How to invest in a world weighed down by debt
A Florida wealth-management firm that oversees $US500 million hires brokers who’ve had run-ins with the law or regulators. Some of the brokers reported minor infractions, such as shoplifting as a teenager, while others faced enforcement actions from groups like the Financial Industry Regulatory Authority. The midsize firm’s strategy – which industry headhunters say is unique – helps it broaden the talent pool, according to its founder. One would-be broker stole two hot dogs while drunk in college. Another was fined and fired when his firm created and forced him to sell bad products to individual investors. And another racked up a dozen incidents with a financial regulatory group and nearly let his licence expire but couldn’t see what he did wrong. All had black marks on their public records. Who deserves a second chance? Ed Cofrancesco, the president of International Assets Advisory, a wealth-management firm in Orlando, Florida, said his company … [Read more...] about Meet the wealth firm that proudly hires brokers with checkered pasts — from hot-dog thieves to serial email-deleters
Boston has recently hit a number of bike infrastructure milestones — a two-way bike path down the middle of the Causeway Street, traffic lights for cyclists, redesigned intersections, and even a bike rotary in Jamaica Plain — as the city works to create a safer network for cyclists. Progress? Sure. However, Becca Wolfson, the executive director of the Boston Cyclists Union, says the current efforts remain “anemic.” “They might give a couple of people better access and a safer commute, but for most, you’re on nice bike facility for a very short period and then you’re thrown into dangerous conditions and chaos,” she told Boston.com. And while Wolfson gives local officials some credit for long-anticipated projects to improve Comm. Ave. and the northern parts of Mass. Ave., “two of the highest crash corridors,” she says there’s a lot of unfinished work to improve treacherous intersections that many who rely on bikes as … [Read more...] about What should Boston be doing to make the city safer for bicycles?