gu1-。2.1--2.9.doc

2.3 suggestions for improvements According to the Flynns needs and condition, all financial production should be in low risks, stable return and higher value-added, that these suggestions would satisfy requirement. 2.3.1 Saving Production Name of production ISA Child Bond Child Trust Fund For The couple The two older kids The youngest one The reason of choice ISA has lower initial payment of ? 1, and, the stable returns and lower risks appropriate for the Flynns condition Child Bond has higher return and it is less tax These funds have stable returns and lower risks .Furthermore production is regulated by government on shares and stocker market that could reduce minimum risks The most advantage features The most important is that these products are totally tax-free The most advantage of the product is the free personal income tax and capital gains tax The distinguish features of this production is that the government would send voucher for customers’ investment. Benefits Due to amount of deposit, the AER is around at 1% to 4.4% that could maintain value of income and fought against the higher personal income tax The return from child bond would help their pay for further education. These incomes could support the kid for his further education. 2.3.2 Mortgage Product Name of production Personal Loans Remortgage For ? 300000 of extension ? 450000 of current mortgage Average range of APR Due to the period of loan term, longer time with higher APR. And the amount of mortgage also affects the rate, normally, more to higher. The interest rate of customer’s loan is personal to themselves. It is between 5% to 18%. Due to the period of mortgage, longer time with higher APR. And the amount of mortgage also affects the rate, normally, more to higher. 2.5% to 5.99% Reason of choice Loans are a relatively fast way to obtain funds for a special purchase or project, and even large amounts can be borrowed for almost any purpose. They are suitable for ex