Q. I have just started a new job and have been provided with a company car (Audi A4). Whilst I have had company cars in the past, I have been advised that I will also benefit from free fuel for private use, which I was delighted with. However a friend of mine has suggested that it… Read more »
Q. I recently inherited £100,000 from my late aunt. This is money I do not particularly need, and potentially adds to my own estate for inheritance tax. My two children are both in their twenties and struggling to get onto the housing ladder. What is the best way to give the money to them? A…. Read more »
Q. I am a member of the University Superannuation scheme, which is changing next April. It will cost me more but the potential benefits are being reduced. I understand this is because the rising cost of pensions has meant there is a large deficit in the scheme. Is it still worth being a member or should… Read more »
Q. My mother took out a Lifetime Mortgage around 8 years ago. Now she wants to move home, and repay the loan, but the amount built up in interest and penalties is almost double the amount she borrowed. Surely this cannot be right? A. A Lifetime Mortgage is a type of loan aimed at elderly people with… Read more »
Q. Last week you mentioned the reduction in the amount protected if a bank goes bust from £85,000 to £75,000 from 1st January 2016. I am worried because I am currently acting as executor for my late brother, and we have to gather together all his assets from different sources into one account before distributing them… Read more »
