Regardless of an assisted living community's fee structure, when choosing a senior living residence, it is important to consider the quality of care, how the resident adapts to the new environment and the long-term affordability of the community.
When a bond is issued at a premium, that means that the bond is sold for an amount greater than the bond's face value. This generally means that the bond's contract rate is greater than the market rate.
Despite a low payout rate, Premium Bonds remain extremely popular among income-starved savers with around 21m holding them. The rise in the limit in holdings, from Â£30,000 to Â£40,000 in June and then up to Â£50,000 next year, will be welcomed.