No crisis in Ireland…
Wednesday 24 September 2008
I thought this may be interesting with all the issues we are facing today…
In Ireland, on 20th September, the Government has decided to increase the statutory limit for the deposit guarantee scheme for banks and building societies from €20,000 to €100,000 per depositor per institution. The cover will apply to 100% of each individual’s deposit.
See the Government statement...click here
Here is also a link to the Irish financial regulator for more information
What’s my point?
UK individuals could open up offshore accounts with higher protection than the UK .
There is a currency issue, but some investors may be happy with the euro as they have peace of mind!
The question is, should the UK government increase the limit?
The world is changing...
posted by Murray Round Wealth Management @ 11:13,
The Authors
Nicholas Round
Nic is the Managing Director of Murray Round Wealth Management Limited, who seeks to ensure the advice provided is truly independent. Based in Shropshire with clients local, national and worldwide, Nic has strived to find the best possible service for his clients needs, by researching and studying the market, trends and philosophies. Nic strongly believes Asset Class Management will bring his clients Financial Freedom, Independence and Happiness.
Kirsty
Kirsty is our communication guru. Managing information requires considerable due diligence and her passion for organisation gives the clarity we all seek. From Shropshire, with a Psychology Degree and much travelling, she is now back in Shrewsbury...and London often, keeping us all at Murray Round focused.
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