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M&G Savings - keep or cash
Brian_Bracher
Posts: 2 Newbie
I have some M&G Trust savings as well as an M&G PEP. Am I better keeping these and waiting for the banking world to stabilise or should I cash either and /or both into cash savings?
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Comments
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Brian_Bracher wrote: »I have some M&G Trust savings as well as an M&G PEP. Am I better keeping these and waiting for the banking world to stabilise or should I cash either and /or both into cash savings?
If the ISA is in equities then its a bit late now. You may as well see through it. However, if its in fixed interest funds or a mixture then not so much of an issue. Whatever you decide you dont need to lose the ISA status.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Thanks for the reply - if it helps my savings are in an M&G Dividend Fund and M&G Recovery Fund0
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