Worldwide Financial Planning

This week saw the return of two summer traditions, flash flooding and a European market crisis.

179% for one month’s lending is quite different than the 0.145% charged by the average mortgage lender; in fact it’s 1,234 times as much. Put another way, you will pay as much interest on an unauthorised £100 overdraft as you would pay on a £123,400 mortgage.

"I felt a wonderful dialogue was building up between you and me, and, ultimately, it is the only dialogue that matters." Trump's letter to the North Korean leader cancelling their long-awaited rendezvous at times reads more like a Dear John letter than official correspondence to the world's biggest nuclear threat.

Deciding to book a flight in a foreign currency? Watch out for a few tricks. I’m often offered the ‘guaranteed rate’ by the vendor. Guaranteed very expensive perhaps, but not guaranteed fair.

This week we've seen a significant jump in the oil price, no doubt to accommodate the production of souvenir plates and tabloid pull outs for the royal wedding.

There is significant difference in the returns that funds are actually returning. Consider a study of 60 with-profit funds by Barnett Waddingham, a Pension Consultancy which highlights the vast differences in with-profits.