Lowes Magazine Issue 121

INSIDE TRACK

Make your money work. Best bank & building society rates Type Amount Provider Money matters ‘MONEY BEGETS MONEY’ IS A MAXIM that resonates with those who understand the power of returns on savings and investments over the long term. Recently, the Institute for Fiscal Studies (IFS) conducted a study which found that young adults with wealthy parents were likely to be six times better off than their peers when handling their own money. The research showed that people with wealthier parents tend to earn more and therefore save more as a portion of their earnings for later life. Having an Independent Financial Adviser to guide can also play a large part in creating and sustaining family wealth for all generations.

If you intend to take money out of a pension but keep on working, be sure to first speak to us first by calling 0191 281 8811. For those looking towards retirement but who would prefer to wind down slowly, rather than overnight, or who may want to keep an income stream to boost their retirement funds, virtual working could make it easier to continue to contribute on a part-time basis. Also, working for a few extra years gives added time to sort out your financial plan and have the correct investments approaching full retirement. One area to be aware of here is the restrictions placed on pension saving once an individual accesses their pension. Retirees could benefit from flexible working FLEXIBLE WORKING PRACTICES, WHICH HAVE BECOME more prevalent during the pandemic, may have opened up the opportunity for older workers to keep earning into their retirement years.

Account

Gross Rate

Contact

Unrestricted instant access accounts Online via App £1 - £85,000

CHIP

Easy Access

0.70%

www.getchip.uk

Fixed rate bonds Online Online via App

1.41%* 1.60% 1.85%*

www.gatehousebank.com www.atombank.co.uk

£1,000 - £1,000,000 £50 - £100,000 £1,000 - £85,000

Gatehouse Bank

1 Year Fixed Term Woodland Saver 1

Atom

2 Year Fixed Saver

www.raisin.co.uk

Online

QIB (UK) (Raisin UK)

3 years Fixed Term Deposit 2

1 Gatehouse will plant a tree in a UK woodland on your behalf for opening and funding your account. 2 A welcome bonus of £50 will be paid to customers opening their first account with Raisin UK. * This is the Expected Profit Rate (EPR). You may also wish to consider Premium bonds offered by National Savings and Investments (NS&I), maximum £50,000. Whilst no guaranteed interest is earned, they do offer the opportunity for tax free winnings. The prize fund is currently 1%. Measures of inflation - The average change in prices of goods and services over a 12 month period to December 2021 Retail Prices Index (RPI) 7.5% Consumer Prices Index (CPI) 5.4% Sources: Providers’ websites, Office for National Statistics, www.thisismoney.co.uk, www.moneysupermarket.com, www.moneyfacts.co.uk 17.01.2022. All accounts subject to terms and conditions.

1 2 3 4 5 6 7 8 9 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 2 6 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 3 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 9 8 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 2 5 3 6 8 1 2 3 4 5 6 7 8 9 2 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 4 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 6 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 2 1 2 3 4 5 6 7 8 9 4 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 9 6 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 5 1 2 3 4 5 6 7 8 9 3 1 2 3 4 5 6 7 8 9 2 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 4 1 2 3 4 5 6 7 8 9 1 2 3 4 5 6 7 8 9 8 1 2 3 4 5 6 7 8 9 Grid n°2147454542 hard A number may not appear twice in the same row or in the same column or in any of the nine 3x3 subregions.

Sudoku We hope you enjoy our first mind teasing Sudoku puzzle of 2022. To complete the puzzle fill the grid so that each row, column and 3x3 block contains the numbers 1 to 9. The solution to the puzzle can be found on page 16.

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Source: www.printmysudoku.com

If you would like to receive further information on any of the subjects featured in this issue please call: 0191 281 8811 , fax: 0191 281 8365 , e-mail: client@Lowes.co.uk , or write to us at: Freepost LOWES FINANCIAL MANAGEMENT . Lowes ® Financial Management Limited. Registered in England No: 1115681. Authorised and Regulated by the Financial Conduct Authority.

We have all the free sudokus you need! 400 new sudokus every week. Make your own free printable sudoku at www.PrintMySudoku.com

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