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Where should uncle invest/save his retirement fund

solerina · 2011-06-08 13:47:33

My uncle has recently retired and has a lump sum of 60,000 to put somewhere safe. I havnt a clue to be honest, a friend has said Ulster bank are giving a decent savings account rate and are backed by the British Government and would be a good place to put the money. He wont be needing it for the immediate future (a few…

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08-06-2011 2:47pm

#1

solerina

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Join Date: November 2010

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My uncle has recently retired and has a lump sum of 60,000 to put somewhere safe.
I havnt a clue to be honest, a friend has said Ulster bank are giving a decent savings account rate and are backed by the British Government and would be a good place to put the money.
He wont be needing it for the immediate future (a few years maybe).
Any advice for me to pass onto him ??? Thanks

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