Mum got £100k from a pension fund after my dad died and doesn’t know what to do with it - and neither do I. She is risk-averse so I was thinking of an index tracker, but that might be dumb if the stock market is going to tank some more soon. Any suggestions?

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Real estate.

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Plastics

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Corporate bond etfs. You can expect 4 to 6% dividend yield. Safer then investing in equities.

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I agree with this

Depends on her age. If she’s near or post retirement, I’d focus on options that provide income while preserving principal. There are plenty of sovereign debt funds out there to choose from. Also make sure to keep an eye on the fees

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Where in UK? Might be worth buying a buy to let flat while there is the reduction in stamp duty.

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Put some in a silver ETF. The rest with less risk, corporate bonds as others have suggested. But diversify a little between the two risk profiles.

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Any debt to pay off? The house?

Really not familiar with anything UK, but I would do a low cost index fund with the likes of Vanguard in the US.

If she’s close to passing as well I’d consider letting her use it on herself. The thing about money is that you can’t take it with you.

If your willing to take on more risk the FSTE 100 is still 20% down for the year. If you ok with a long term play an index that tracks this is also a good idea. Ideally I would do 80% bond 20% equities.

Sorry to hear about your dad. Assuming risk profile for your mum is reduced due to stage of life. NS&I premium bonds are a bit of fun to add into the mix. Any other investing / saving should be done via an ISA

Final option - lots of high st banks do financial planning sessions (~1 hour) with no fee no obligation advice (fee if you act on advice)

What does Watson say?

Says my dad shouldn’t have got so much cancer.

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