MIL with Natwest 40 years £300K and no interest
Don't know if anyone can help. My MIL is 83 and been with Natwest for at least 40 years. She has over £300K in her account and a personal banker. I've asked her about her accounts and she says all she has is a Premier Reward. No ISA's, no high interest, nothing. I'm fuming over this but MIL won't take any notice of me. She says she doesn't trust these accounts. I've asked her to speak to her personal banker but says she's always out and never gets back to her.
The common law of business balance prohibits paying a little and getting a lot. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.
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