Hi there,
After all the latest events with Northern Rock, I am taking a closer look at my parents' financial investments. The whole of their life savings (250K) is in a First Active Elevator account.
Is First Active, as an institution, a safe one? I don't really understand the reasons why NR was more at risk than others, so I guess just wondering is First Active a similar type of business to NR or safer?
Thanks!!
After all the latest events with Northern Rock, I am taking a closer look at my parents' financial investments. The whole of their life savings (250K) is in a First Active Elevator account.
Is First Active, as an institution, a safe one? I don't really understand the reasons why NR was more at risk than others, so I guess just wondering is First Active a similar type of business to NR or safer?
Thanks!!