There was a harrowing interview on the BBC yesterday with a man whose Visa card was declined in B&Q. ‘It was so embarrassing’, he said. Another poor lady, an MP, no less, was unable to pay for her meal and had to return to the restaurant the next day. Incredible that one small computer glitch can cause so much misery. I’m sure, however, that they’ll be able to claim compensation for their hell of unfinished grouting and extra driving more quickly and easily than if they were victims of a botched operation or wrongful arrest. Every cloud…
“Record year for annuity sales driven by advisers”
I was asked this week whether annuities are now ‘a good investment’. They’ve been recommended very rarely in recent years, since ‘pension freedoms’ allowed pretty much unlimited drawdown on pension funds and anything left to be passed on to beneficiaries free of Inheritance Tax.