We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
urgent advice needed
Comments
-
donnalove
Do you know the name/s of the fund/s?0 -
One reason the nature of the funds is important is that some of them, such as funds invested in corporate bonds, would pay interest.Funds invested in property and shares pay dividends.This may perhaps be where some confusion has arisen.
It's quite possible that the payments your father was getting were actually a mix of the earnings (interest,divis) on the investments plus a portion from the capital itself - though he would have been told the money was from the capital because because the earnings are not tax free.Trying to keep it simple...
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards