What happens if my final salary pension goes bust? If the employer behind your pension scheme goes bust and there isn’t enough money in the scheme to provide a retirement income for all members, it’s likely your pension will be protected by the Pension Protection Fund (PPF). The PPF wi...
These investors are also likely to offer to fund ventures that are involved in the same or similar industries or business sectors with which they are familiar. Another common occurrence among angel investors isco-investing, in which one angel investor funds a venture alongside a trusted friend or ...
The Financial Services Compensation Scheme (FSCS) is a government-backed compensationschemethat’s designed to protect you from losing money if a regulated financial services firm goes out of business. If an authorised firm goes bust and can’t repay your money, the FSCS will provide compensation ...
Your old scheme offers benefits that won’t be honoured by your new provider. Double-check before moving any pension. Ask your old administrator if your pension comes withsafeguarded benefits. Your new provider goes bust and your account exceeds the FSCS compensation limit. Your new provider goes...
Flannery has even voiced the unthinkable, that GE might be more valuable in pieces. “The pressure on GE to announce some sort of breakup is very high,” says Davis of Melius Research. Whatever happens, Flannery has a good shot at becoming famous—as the guy who saved GE or the guy who...
It can be very important to work with gold IRA specialists to make sure that the rollover process goes smoothly, that your funds end up where they’re supposed to, and that you’ve adhered to all IRS regulations. While the rollover process can be simple, if you make a mistake you may ...
1 = Perfect positive correlation: when one thing goes up so does the other 0 = Zero correlation: the two things being measured have no influence upon each other -1 = Perfect negative correlation: when one thing goes up, the other goes down ...
Also the world financial system is very deliberately designed to make it difficult to impossible for untrusted people to undertake a transactions. What often happens is that A trusts B and B trusts C, so A will pay B to do a transaction with C. However, if A, B, and C don’t trust...
While "greedy capitalists" are busy lining their pockets, what happens to everybody else? Collateral damage. Some believe that under capitalism, profit is king — even if obtained at the detriment of others. When people create wealth, it's only by harming everyone around them. They crush othe...
Others do understand velocity, and are fearful of what happens when it ticks up again. As to cash hoarding… one of the things about an insufficient base money supply is that if the demand to hold cash (for security) increases and new cash is not added to meet the demand, the price ...