Archive for April, 2005

Boom in Online Financial Services ‘Set to Continue’

‘The boom in buying insurance and other financial services products online is set to continue, it was predicted today.
The number of adults using the internet for this purpose alone is expected to increase from 3.3 million to 4.2 million in 2005.
Sainsbury’s Bank said it had seen the number of visits to its own website grow […]

Sunday, April 10th, 2005

Offset mortgages are worth a look

‘OFFSET mortgages make good financial sense - why pay 6% interest on your mortgage while your savings are languishing in a current account receiving 0.1% interest? Along with their sister products - current account mortgages - offset mortgages allow savers to reduce debt by balancing their savings against their mortgages.
The overall debt is reduced, as […]

Sunday, April 10th, 2005

Financial services discover honest, integral approach

‘HAVING been involved in providing financial services for over 15 years, I have witnessed something heart-warming: as consumers become more knowledgeable and as the quality and quantity of information increases, so does integrity.
Information can no longer be contained and manipulated easily. It has become common currency and its inherent power has passed out of the […]

Saturday, April 9th, 2005

Debt-management need not be a lottery

‘LAST night saw the draw of the largest jackpot in UK lottery history - £43 million on the Euro-Million draw. How many people were momentarily caught up in the dream of a life free from debt? A lot, I will warrant.
But while there will always be stories of people who put their last £1 on […]

Saturday, April 9th, 2005

Personal finance gets less personal

‘More and more people are taking out insurance, loans, and savings product online, according to new figures.
Sainsbury’s Bank has today said the trend for purchasing financial services products online is set to increase in 2005, and reported that the number of people visiting its website has increased more than 208 per cent in the last […]

Tuesday, April 5th, 2005

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