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PPI and Investment portfolio
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h1360
Posts: 5 Forumite
Apologies if it's a dumb question, but is PPI relevant to a managed (by bank) investment portfolio of a deceased person?
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Comments
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You would not have PPI on an investment portfolio no, PPI is designed to protect you in the event of you not being able to pay your bills for things like loans or credit cards
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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No it is not, in any way shape or form. Whether deceased or not.0
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PPI covers liabilities you have. Investing covers assets you have.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
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Thanks, all.0
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