Fergus Muirhead answers your consumer questions

I'm Fergus Muirhead and I'm here to answer any questions you may have about any money or consumer issues.

I'll be dealing with a selection of your queries every other Wednesday on Scotland Live, on Reporting Scotland and here on the BBC Scotland news website.

Please drop me a line here at fergus@bbc.co.uk with your questions.

You can also read more on money and consumer issues on my own blog, external.

Q. About four years ago, my financial advisor recommended I move a £15,000 Standard Life Pension to Norwich Union Commercial Prop Fund who as you know is now Aviva. This has fallen in value over the period and my most recent statement of January 2011 placed the Total Fund Value and Transfer Value at £12,709.47. I am being charged £10 plus per month admin fee. Would you recommend I move this money or hope that the property market revives itself in the near to long term.

Q. I have looked at numerous ways of releasing money against the value of my house, and I am not sure which to go. The present day value is placed at £140,000. I have been told that if I wanted to buy a new car, the total released would be approx. £40,000. What I didn't like was the terms attached to this transaction. What kind of advice can you give in a situation of this kind?

Q. My wife and I are joint holders of a With Profits Bond with Liverpool Victoria which we purchased on 23 April 2002 for £10,000. At the end of the 9th Year this was worth a miserable £13,095.80 but with market value reduction I would only have received £11,759.52 had I cashed it then. At the 10th anniversary I can receive full payment without any market value reduction. However I am led to believe that Income Tax will be payable on the Profits portion of this Bond. Is this correct? If so is there any way I can minimize such outlay on what is after all a deplorable return. My wife does not pay tax and her portion of the profits will not put her over her allowance before tax but I pay tax at the standard rate.