Go to any UK investment platform and you’ll be offered two broad types of fund. Active funds, where a manager picks investments with the aim of beating the market. And passive funds — usually called trackers or index funds — which simply mirror an index and don’t try to beat anything. The active fund will…
Working through the Lifetime ISA pros and cons is an unusual exercise, because the same product manages to be both the most generous and the most punitive ISA the UK government offers — at the same time. It hands you a 25% top-up on everything you contribute. That’s free money on a scale unmatched by…
If you’ve spent any time reading about investing — even a few articles — you’ll have noticed something odd. Whether the source is a Nobel-winning economist, a personal finance blogger, the Money pages of a broadsheet, or your slightly evangelical friend who’s read one Tim Hale book, they all eventually recommend the same thing: an…
