Forced to be poor?

whiteflag_3

Dora_the_Explorer wrote:

Thanks again everyone. Ed, my capital currently is earning me about 3% and once I have the annuity sorted out will do something to improve things. Personally I'd rather keep it in gold bricks buried in the garden! Don't like stocks and shares one little bit.
Ocean, thanks for the url. There's no IFA especially near me but have had a quote from an IFA with Blackstone Moorgate for £3860 pa from £54k who will do it for a fee. If anyone knows if this can be improved on I'm all ears. Thanks again - Dora

I just ran a quote and got £4067 pa .
What fee would they charge?

Dora_the_Explorer_5

I'm very grateful to everyone for all your help. I'm now waiting for the final couple of quotes and feel confident I'll be able to decide which one will be best for me in terms of returns, costs and tax position because of all the information and advice I've received in this thread. Many thanks to you all, Dora

margaretclare

Good luck, Dora!

You'll no doubt be able to get a better deal because of being a heavy smoker. There's an obvious reason for this.....

Aunty Margaret