{"id":44017,"date":"2009-05-02T06:05:39","date_gmt":"2009-05-01T23:05:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/savings-scottish-friendly-investment-was-a-let-down\/"},"modified":"2017-02-14T07:10:59","modified_gmt":"2017-02-14T00:10:59","slug":"savings-scottish-friendly-investment-was-a-let-down","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savings-scottish-friendly-investment-was-a-let-down\/","title":{"rendered":"Savings: Scottish Friendly investment was a let-down"},"content":{"rendered":"


\nTony Levene meets a saver whose not-so-friendly tax-free plan generated a pittanceFifty-six pence – barely enough for a pot of yogurt or a packet of crisps. But that’s exactly how much Claire McDermott was told she would get after saving \u00a325 a month over 10 years with Scottish Friendly. Her \u00a33,000 investment was set to pay \u00a33,000.56 \u2013 earning 5.6p for each year.Her experience puts a huge question mark over the value of tax-free friendly society plans held by millions of lower- and middle-income savers in Britain. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Savings: Scottish Friendly investment was a let-down<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tony Levene meets a saver whose not-so-friendly tax-free plan generated a pittanceFifty-six pence – barely...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-44017","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-brX","jetpack-related-posts":[{"id":94565,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/trumps-sons-press-ahead-with-near-200-million-investment-for-scottish-golf-course\/","url_meta":{"origin":44017,"position":0},"title":"Trump\u2019s sons press ahead with near $200 million investment for Scottish golf course","date":"July 24, 2018","format":false,"excerpt":"\r The U.S. president bought the land on Scotland's east coast in 2006.\r \r Source : cnbc.com\r Read more...Trump\u2019s sons press ahead with near 0 million investment for Scottish golf course","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6534,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-a-20000-pension-youll-have-to-put-aside-a-quarter-of-your-salary\/","url_meta":{"origin":44017,"position":1},"title":"Want a \u00a320,000 pension? You'll have to put aside a quarter of your salary","date":"May 26, 2012","format":false,"excerpt":"\r Scottish Widows report highlights a yawning gap between what people expect to receive on retirement and the grim realityRetirement savings have hit a record low, with the number of people putting aside money for a pension falling by 5% last year alone, according to a report this week. Meanwhile,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72869,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scots-should-mind-the-tax-gap-its-getting-wider-from-the-rest-of-the-uk\/","url_meta":{"origin":44017,"position":2},"title":"Scots should mind the tax gap: it\u2019s getting wider from the rest of the UK","date":"November 25, 2017","format":false,"excerpt":"\r With increased powers, Scotland is setting its own rules. 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