'It's Part of a Belt and Braces Approach'

The HeraldApril 02, 2011

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Summary


It has been a tradition for Malcolm Allan, 73, and his wife, Marjorie, 70, from Bishopbriggs in Glasgow to buy fixed-rate national savings certificates for their four teenage grandchildren from time to time.

Malcolm explained: "Although not offering a very competitive return, they were part of a 'belt and braces' approach to complement additional investments in equities on their behalf. The idea is that we will be able to give them some money to help them through university or to start on some sort of training."

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'It's Part of a Belt and Braces Approach'

He said he was therefore astonished las...

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