My dad invested £45k of his pension plan in storage pods. He has now been contacted by KB Financial Solutions, which has a website at karelbesta.com, with an offer to buy his pods for £60k. But he needs to pay £16k for insurance which he will get back when the deal goes ahead. I have told him this is a scam and not to send any money.
Investor essentials and share and fund prices
Investors have been buoyed recently but markets in which everything seems to be going up, but that doesn't mean that they should not be more choosy about where to put their money in the year ahead. Ben Kumar, of 7IM, discusses the best places to invest for 2018 with Simon Lambert, of This is Money, and Richard Hunter, of Interactive Investor, on the latest Investing Show.
The cryptocurrencies to watch in 2018: Ripple, litecoin and five more upstarts hoping to follow in bitcoin's footsteps (and why buyers must beware)
Bitcoin and ethereum really took off last year, leaving many feeling that they've missed the bandwagon. So what are the other cryptocurrencies that could boom? Or are they more likely to bust? We look at some of the alternatives, including ripple, and Iota. But watch out - cryptocurrencies are volatile, complex, and there is a risk of losing a lot of the money you put in.
Yesterday Iceland - one of Britain's best-known supermarkets with more than 900 stores - pledged to remove all plastic packaging from its own-label products within five years. As firms are forced to stop using harmful plastics, new materials are being developed that decompose and are better for the environment. So can you tap into this new trend to give your Isa a boost?
You can now invest in a basket of marijuana-related stocks passively through a pair of exchange traded funds cooked up in the US to profit from the decriminalisation of the substance in a number of US states. But are marijuana ETFs likely to lead to investment highs or are investors more likely to see their cash go up in smoke?
Should you invest in an IPO? Cash raised by new UK stock market entrants hit a three-year high in 2017 - but a float is a risky time to buy
Investing is one of those things that most people know they should do and far fewer actually get around to until much later in life. But saving small and often is without doubt the easiest and safest way to grow your money over your lifetime and, ideally, build a nest egg to fund your retirement in the future.
100-year-old trusts that still make top returns: Golden oldies trump their rivals with up to 70% over three years
With Christmas fast-approaching, shoppers are rushing out to buy the latest gizmos and gadgets, but when it comes to investing it could be the oldest products that are the best. Investment trusts that are 100 years old or more are producing bumper returns for investors who have realised the value of these golden oldies.
Anglo-South African financial services giant Old Mutual has signed a deal to sell a slice of its investment business to private equity group TA Associates for £600million. The unit currently has £25.7billion worth of assets under management. Its chief executive, Richard Buxton, will be staying on at the helm.
On reaching 65 in May 2015, I had a meeting with my financial adviser with a view to investing my private pension which amounted to just under £200,000. During our meeting I was advised the annual management charge would be 1.54% which sounded reasonable but after adding it up, it amounted to nearly £3,000 a year. Could you please advise if the management charges sound fair and if not are you able to suggest any alternatives.
How millennial investors can turn £100 a month into £135,000: Fund giant Vanguard launches investments for those retiring in the 2060s
Fund giant Vanguard has launched two special funds aimed at fresh-faced investors with over 40 years to go before they retire. It claims a 25-year-old investing £100 per month could end up with around £135,000 after 40 years. That means that they provide an easy option for someone in their twenties or early thirties now - the so-called millennial generation - who want to get cracking on saving for retirement.
I think a crash is coming so I want to stick my £70k pension pot into cash, but are there risks and hidden fees?
I am almost 55 and have a pension pot totalling £70k over four policies. I wish to remove the risk and have them put into cash for now, as I believe there is going to be a crash. Is there any risk to me doing this, such as some hidden fee or it not really going into cash but some other vehicle which is worse than what I had?
What does a rate hike mean for investing in bonds? We explain and look at five of the best funds to dial down the risks
Super-low interest rates and quantitative easing sent bond prices soaring after the financial crisis - and led to countless warnings that they are no longer such as safe investment.With interest rates heading up, the environment has got a whole lot tougher for both government and corporate bonds. We pick five of the best bond funds for rising rates.
It might be about finding out-of-favour investments, but value investing itself is back in fashion. A commitment to value investing requires patience, but that has been tested with the strategy falling by the wayside since markets recovered from the financial crisis. Now there is a growing feeling in the investment world that things are about to look up for value. We take a look at what this means and where value investors see opportunities.
Japan's stock market has hit a 21-year high: Has Abenomics recreated the economy or will political uncertainty and North Korea end the party?
As has been extensively documented, Japan's economy has been stuck in the slow lane for well over 20 years with very limited or even non-existent growth. There are some signs though that it has picked up pace this year and is worth a fresh look for investors.The latest of which came this week as upbeat sentiment sent Japan's best known stock index the Nikkei 225 up to a 21 year peak of 20,881 on Wednesday, a gain of 57 points or almost 0.3 per cent.
Andrew, 45, is a web developer who has no investments outside of an endowment mortgage at present. He wants to start putting aside £5,000 a year out of his income into an ethical fund portfolio. Andrew is particularly interested in investing in green technologies. His time horizon is at least 10 years, probably longer. In the latest in our series Money Pit Stop, we asked an investing expert to give him a free portfolio makeover.
MINOR INVESTOR: Is it time to buy into the UK - and profit from the unloved stuff in this unloved country?
When investing it often pays to do the opposite of what others are doing. So what should we make of the seemingly contrarian investing opportunity staring us in the face - UK shares? Britain's investors have made it abundantly clear that their home market is not for them but that could mean that looking for unloved companies in our unloved country could pay off.
The 13 investment trusts that pay more than 4% revealed: From the dividend hero, to the Asian income star... and one that pays 6.7%
Good sources of income are hard to come by and analysts at Stifel have compiled a list of 13 investment trusts that invest in shares with a yield of at least 4 per cent. The names on it range from dividend hero City of London, with 50 years of rising payouts under its belt, to Aberdeen Asian Income and European Assets Trust, which yields 6.7 per cent.
Investment giant Fidelity tears up its fund fees to charge investors more for success but less for failure
Investing giant Fidelity International is tearing up its existing rule book on active fund fees to replace them with a new performance-linked charge. The new 'fulcrum' structure reduces the flat management fee, which investors are charged regardless of performance, in favour of bringing in a variable one which will be lower if a fund fails to perform but higher if it does well.
Would you put your money on another Trump bump? New ETF invests in Republican Party backers that could benefit from the President
After riding on a tax-cutting ticket in the US election almost a year ago, President Donald Trump has finally outlined plans for the biggest overhaul of America's tax system since Ronald Reagan's times. That announcement has proved timely for a new ETF launched to give investors easy exposure to some of Trump's biggest corporate backers. The Point Bridge GOP Stock Tracker ETF invests in companies that have given more than $25,000 (£18,500) to a Republican candidate in any of the past two election cycles.
Retiring today brings much more freedom in terms of what you do with your pension pot. But with that choice comes a tricky task: investing in retirement and making sure your pension doesn't run out. We have written a series of articles that aim to help you navigate your way through the maze. Read them here.
Why can't we admit that girls ARE different? Fund manager and mother of NINE, Helena Morrissey makes a plea to encourage female investors
Helena Morrissey is on a mission to persuade more women to invest in the stock market. They are at least as good at picking shares as men, she says, but far less likely to try their hand. 'Only around half as many women as men invest in shares through an Isa. Roughly about 17 to 18 per cent of men have a stocks and shares Isa but only about 9 per cent of women,' she says.
How much money do you need before you start investing? Experts reveal when you should take the first steps
Would you lose sleep over the amount you plan to invest if it got wiped out in a market crash? If your answer's 'yes, it would cripple me emotionally and financially', think again about whether you're ready to invest. So, what amount of seed money is ideal, how long should you be prepared to lock it away, and what should the general state of your finances be before you enter the world of investing.
THE MINOR INVESTOR COLUMN
This is MoneyINVESTMENT CLINIC
Should you open a Lifetime Isa? How they work, and what's on offer to young savers hoping to get on the housing ladder
New Lifetime Isas allow under-40s to save for a home and retirement at once, and the Government is offering free top-ups worth up to £32,000 if you max out your fund. For those weighing up whether to open one, we look at the benefits and pitfalls of the new products, and what's available from providers.
Britain's biggest banks axed or scaled back investment services following a clean-up of the financial industry that banned cosy backdoor commission deals four years ago. But now most banks are bringing back investment options for customers under the new regime. We round up what the top players are offering and what it costs.
How to invest your pension and live off it in retirement: A 12-step starters' guide - and the pitfalls to avoid
While many people dislike the idea of an annuity, the alternative means keeping your pension invested in retirement and managing it yourself - a process that can be confusing and full of pitfalls. So here's a checklist, from investing, to income, taxes, the state pension, inheritance, illness, financial advice and much else.
Alpha, focus, dynamic, optimal, what do all these cryptic fund names actually mean? Read our jargon buster
Investment fund names are often a baffling mixture of impressive but vague words, which mean little to people who aren't already clued up on financial jargon. People hoping to boost their savings by buying a fund or trust face a steep learning curve, unless they're lucky enough to have a friend in the know or are willing to fork out fees to a financial adviser. We offer a short cut, and explain what all the fancy terms really mean.
THE INVESTING SHOW
Investing: don't miss
DIY INVESTING IDEAS
Acc: Accumulation - any income generated by the fund like dividends or interest is automatically reinvested.
Inc: Income - any income generated is distributed by the fund instead of being reinvested.
Dis: Distribution - any income generated is distributed by the fund instead of being reinvested.
R: Retail - the fund is aimed at ordinary investors.
I/Inst: Institutional - the fund is aimed at corporate investors like pension funds.
A, B, M, X etc: Different fund houses use letters for different things. Check with them what they stand for.
NT/No trail: Some fund houses use this name on clean funds which carry no commissions for financial advisers, supermarkets or brokers, just the fee levied by the fund manager. But other fund houses use different letters - I, D or Y, for example - so you need to find out for yourself which are clean funds.
Gr: Stands for gross.
GBP/£: Fund denominated in pounds.
EUR: Fund denominated in euros.
USD/$: Fund denominated in US dollars.
Compiled with online stockbroker The Share Centre