Originally posted by ContractIn
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Is your money safe?
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Oh-oh
just had a thought. Hargreaves Lansdown hold their sipp pension client money with HBOS.
I can't be the only one here who has a load in cash with them.........
Anyone know anything about this?
googling now.Comment
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Originally posted by badger7579 View PostAnybody know the legal position for business bank accounts? I know the government guarantees the first 35£k for personal accounts but what protection do you get on a business bank account. If my business bank goes tits up what happens to cash in the account??Comment
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Originally posted by SandyDown View Postever heard of Private Wealth Management ?!Comment
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More importantly (though irrelevant to most people here, I know), what happens to your mortgage if the bank you have it with goes tits up?Comment
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Originally posted by dang65 View PostMore importantly (though irrelevant to most people here, I know), what happens to your mortgage if the bank you have it with goes tits up?Comment
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Originally posted by ContractIn View PostYep, but how are these immune from the current crisis?
If one chooses to trade with their money, there is an associated risk, the question is how risky you want to go....
I doubt many high earners are just keeping their money into gauranteed returns (very low risk ) I would think most are investing in various businesses/properties etc...Comment
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Originally posted by dang65 View PostMore importantly (though irrelevant to most people here, I know), what happens to your mortgage if the bank you have it with goes tits up?Comment
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Originally posted by SandyDown View PostMay be it means one wouldn't have to repay the mortgage and one could have the house for freeComment
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Originally posted by Likely View PostSorry babe , but there is only one thing one can have for free and this is not a house.Comment
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