‘A RECOVERY in investment fund sales among retail investors is continuing, with a near 80-per cent surge last month.
Net retail sales were £610 million last month - slightly down on figures for the previous three months but still up 77 per cent on the £345m recorded in October 2004.
Investors were still favouring bonds, with £279m […]
‘Some financial planners are beginning to focus more on helping clients achieve their goals, which often involves more than just amassing piles of money.
Financial planners, who persuaded Americans that they would need more than $1 million to retire and at least $200,000 to send each kid to college, now are telling the world that there’s […]
‘DEBT experts yesterday warned that personal insolvency north of the Border could soar after the Scottish Executive published proposals to slash the bankruptcy period to one year from three.
Insolvency practitioners claimed the number of consumers being declared bankrupt - already at record levels - could surge as much as 30 per cent within a year.
That […]
‘Imagine opening your credit card statement to find that your low, low rate has more than doubled, even though you’ve always paid your bills on time.
It happens, and it’s happening more and more frequently, says a consumer-watchdog group. Nearly half of banks surveyed by Consumer Action now penalize cardholders for changes in their credit history […]
‘A RECORD number of Scots are declaring themselves bankrupt, prompting warnings from finance experts that Scotland’s debt crisis is spiralling out of control.
A total of 1,461 people declared themselves bankrupt north of the Border in the three months until October - up from 1,307 in the previous quarter.
With eight weeks still to go, the number […]
‘ALMOST half of all students believe university has altered their approach to debt, with 40 per cent vowing never to allow themselves to get so far into the red again, a new survey revealed today.
In a study by internet bank Egg, nearly three quarters of students questioned said they thought the amount of debt they […]
‘PRESSURE has mounted on lenders and the government to tackle problem debt, after new research showed scores of disabled people are being driven into debt just to survive.
The study into disability and debt found that disabled people often face higher costs, but have lower than average incomes, landing them in huge amounts of debt simply […]