Ask The Experts

Are you confused about your Savings and Investments? Worried about your Long Term Care and Retirement? Perplexed about your Trusts and Inheritance Taxes? Do you want to know which Life Insurance is best for you and your family? MyEggNest is here to help. We’ve teamed up with Radcliffe & Newlands, one of the leading Independent Financial Advisors in the UK, to tackle your questions and queries.

This is a free service and is designed to answer specific questions rather than provide financial advice. You will usually get an answer within 24 hours except during weekends and public holidays.

If you feel you have a need to take control of your finances and create a full financial plan or you have a specific issue that cannot really be resolved over the internet then please do let us know and Steve will call you to arrange an appointment.

If you have a question or if you would like to discuss becoming a client with Radcliffe & Newlands then do please complete the very short form on the right hand column of this page.

You will usually get an answer within 24 hours except during the weekend or bank holidays.

Read up on Steve Weisner, our resident Expert.

NB. Please remember that capital value of an investment trust or the income provided by it is not guaranteed and could fall and rise. You may not get back all of the capital invested, especially if encashed at a time of adverse investment conditions.

Ask the Expert Question-and-Answer

Question: I've had a Clerical Medical product for 5 years - namely NonEqManLF. Because of the present turmoil in the financial markets etc. the value has dropped slightly ie 1,000 pounds I was wondering if it would be a good idea to start filtering cash from this product to my Telephone cash ISA with Alliance & Leicester account i.e. the max amount of 3,600 pounds before 01/01/09 (when my annual interest is applied) and a further 3,600 pounds shortly after this date. I thought this might be a way of keeping the value as I have been getting a good rate of interest on the ISA over the 5 years. Do you agree or is this a bad time to move cash out of this investment ? Jean
Click here to find what Steve wrote.

Question: I have a sum of £6000, that I want to put somewhere to gather good interest. I probably won't be able to add to it, and want to be able to withdraw if necessary, without penalties. Can you suggest anything? Gail.
Click here to find what Steve wrote.

Question: Hi Steve, We have about £50 a month to invest for our first Child who was born in January. We are considering

* £15 per month to Child Trust fun savings in CASH
* £15 per month in a traditional savings account with a building society
* £20 per month in a child Stakeholder pension.

Is this a good spread. We are tentative investors having lost a lot of our money in sharea isa’s. Maxine
Click here to find what Steve wrote.

Question: Hi Steve,  My wife has been left a few thousand from her mother for the benefit of our two sons when they become 18. They are now 15 and 13. Any suggestions where the money should be put? We currently receive child tax credit and don't wish to have that reduced. Thanks, Dave
Click here to find what Steve wrote.

Question: I have 3 grandchildren and wish to open a trust fund (discretionary fund) for each with an initial lump sum of £500 and perhaps myself and others adding to this occasionally. Is this possible? Pete
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