Buying a 182? Forget it!

Buying a 182? Forget it!

If you’ve just put a deposit on a 182 car, don’t read this. Don’t get me wrong. I understand where you’re coming from – new cars are seductive. So shiny, so clean; they even smell great. But when you do the sums, you realise you’re paying a lot for something a good valet and air freshener can recreate.

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When it’s you versus the powerful institution

When it’s you versus the powerful institution

Have you ever had a dispute with a big corporate entity? They can be tests of endurance requiring time and commitment that we often can’t afford to give them. It’s bad enough when it’s a small thing like an unwarranted charge from a phone company but what is the impact on your life of pursuing a financial institution over a matter that affects your ability to provide a living for yourself or your family? This morning I say that you don’t have to do this on your own.

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Simple questions do not always deserve simple answers

Simple questions do not always deserve simple answers

We were asked to answer yes or no to a less than straight forward question on Friday. To sift through the many, layered arguments on both sides and distil all that into a tick in one box or another seems like an oversimplification. It made me think about the questions I get asked about people’s money. There is rarely a yes/no answer. This morning, I’m looking at the classic question “Should I overpay my mortgage?”. The answer is … read on to find out.

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Feel like you were mis-sold an investment product? You have options.

Feel like you were mis-sold an investment product? You have options.

The Financial Services and Pensions Ombudsman (FSPO) came into effect earlier this year and the powers are far reaching. The six year time limit in which to take a complaint has been removed, so customers with legitimate gripes about anything from mis-sold investment products to pension scheme maladministration can revisit past complaints. Feel free to share with anyone you think has an interest in learning more about the newly formed FSPO.

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A little advice and guidance trumps doing it yourself, especially with your personal finances

A little advice and guidance trumps doing it yourself, especially with your personal finances

A very warm welcome to the many new members of The Sunday Supplement this week and my thanks to those of you who read it religiously. The article below refers to a conversation I had with a client recently about DIY. Her and her husband were about to undertake a piece of house work which was creating some tension between them. I’m a big advocate for engaging suitably qualified and experienced professionals. Will they take my advice this time?

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Doctor, doctor, why have you already filled out my prescription?

Doctor, doctor, why have you already filled out my prescription?

This week, I’m comparing doctors and financial advisers. Sometimes we know exactly what’s wrong with us. We can go online, avoid paying a consultation fee to a doctor and order the drugs. Or in financial terms, go to the broker and buy the product. But for those other times, when we don’t know exactly what the problem is, isn’t it reassuring to know that the full rigour of the doctor’s training and intellect will go into your diagnosis and treatment?

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Sign up for simplicity

Sign up for simplicity

Complicated equals good, uncomplicated equals bad (apparently). That’s what the financial services industry will have you believe. But what if you successfully managed to uncomplicate matters? There are no negatives for you. Follow these five golden rules to simplifying your financial affairs.

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How to ensure you are not over insured

How to ensure you are not over insured

For every Euro you spend on critical illness and life assurance, you are denying yourself an income of €4 in retirement. Insurances are necessary, but many clients I advise tend to be over-insured. Today we take a look at how this happens and what you can do about it.

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Living in sin? It’s not all it’s cracked up to be.

Living in sin? It’s not all it’s cracked up to be.

Greetings from Boston, Mass. This week I’m taking a look at the consequences for cohabiting couples. Unmarried couples living together have virtually no rights when it comes to succession rights. It may not affect you, but there are many of our friends and family that are blissfully unaware of the associated risks facing cohabiting couples. Feel free to share this article too.

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The estate planning road map

The estate planning road map

I have been surrounded by an abundance of pragmatism and realism lately, particularly when it’s families facing end of life issues. I am conscious that not everyone plans ahead, so today I want to give you a couple of pointers on opening up the conversation with loved ones on estate planning and end life matters. A conversation today is not about an immediate event, only a long term inevitability.

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