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    • Nickynoo1
    • By Nickynoo1 6th Oct 06, 10:46 PM
    • 384 Posts
    • 268 Thanks
    new articles!
    how about savings for children. Is it better to contribute to a CTF or another type of savings plan. And would it be better to pay monthly contributions or once a year. How about starting a pension for a child. Is this possible or even worth it? Don't understand pensions myself and will probably end up regretting not starting one earlier, so if i could start one for my child should I? (he's only 4 1/2 months and I looking at 65 years into the future,, he he).

    16/06/16 11446 30/12/16 9661.49
    01/08/17 7643.69
  • david shaw
    Mortgage Indemnity Insurance
    Years ago when I took out my mortgage I was forced to take out a Mortgage Indemnity Insurance. This cost 1300.
    This Insurance was to cover against me defaulting against the loan and in fact did not protect me but protected the bank. I hear now the Insurance companies are chasing the customers have paid out to the Banks.
    Surely then this is a nonsense and all Mortgage Indemnity Insurances whould be re-paid because in essence they protect you, the person who took it out, against absolutely nothing
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