Mii for £250k

SchoolBoyError

My retired mum has recently downsized her property to free up about £250k which she really needs to generate some income for her (she has very little income outside of her state pension). She currently has about £100k invested in skipton MII which has performed well for her over the past couple of years. As neither of us are terribly au fait with investments and such like I thought I would ask the opinion here about whether that was a sensible route? (Neither of us have the time or wherewithal to manage investments ourselves.)

Thanks.

somethingcorporate

For those kind of sums probably worth getting the advice of an IFA rather than a bunch of anonymous, unaccountable internet folk.

Opinion

Arrange appointments with at least two or free IFA's and see what each of them say. You could also do a bit of reading on here and online in general so you have some idea as to how things work before you sit down in front of someone.

xylophone

skipton MII

Monitored Informed Investments? A kind of tied FA service?

You could try http://www.unbiased.co.uk/ for an Independent Financial Adviser if you wished.