‘HOMEOWNERS are more than £10 billion a year worse off than in 1994 as a result of changes to the government tax policies, new research has found.
The Council of Mortgage Lenders (CML), which represents most of the UK’s banks and building societies, yesterday joined critics of Gordon Brown, who say that the Chancellor has squeezed […]
‘Q - I am job hunting and want to find a company that provides a good traditional pension. How can I locate one?
A - My first thought was to list some companies. But the more I considered it, the more I came to think that trying to hook up with an old-fashioned pension just doesn’t […]
‘Almost half of U.S. consumers say retirement planning is harder than raising a child, a survey found.
The ING Financial Planning and Investing Study, conducted by Roper GfK, surveyed 1,000 Americans and concluded that consumers want financial services firms to be easier to deal with.
Seventy percent said they would switch to a financial services firm with […]
‘It seems simple. In order to save money, you need to have “extra” cash, right? This is a common misconception. Having a spending plan (aka “budget”), will help you create money for savings. Most of us, by setting spending goals, can manage to save regularly, so if you’re tempted to hit your back button because […]
‘Australians continue to be cautious about borrowing, with the value of personal finance falling 1.6% in seasonally adjusted terms in November to A$5.68 billion, official figures published Thursday show.
The decline in personal finance comprised a 0.3% fall in revolving credit and a 3.3% fall in fixed lending, the ABS said in a statement posted on […]
‘Question:I know it’s important to keep my investment portfolio in balance, but how often should I do it?
Answer: Most experts agree that the single biggest factor in long-term investment performance is the way the portfolio is balanced between stocks, bonds and cash.
A typical portfolio might have 60 percent of its assets in stocks or stock-holding […]
‘THE financial services sector raked in more than £550 million last year from penalty fees and charges, researchers today revealed.
New figures show that one in five people paid charges on financial products during 2005, shelling out an average of £70.70 each.
Within this total, 22 per cent were forced to hand over more than £100 after […]
‘DEBT advice lines have reported a surge in calls during the first two weeks of the year as consumers take stock of their borrowings after Christmas.
The Consumer Credit Counselling Service said it took 9,310 calls during the first nine working days of the year, nearly 14 per cent more than during the corresponding period of […]