Category: Economy & Investments & markets & Shares & Uncategorized
The warning signs for the Chinese economy began way back in July, when the Shanghai Composite Index lost more than 8% on a single day. Overall, during the month of July the market suffered its worst month for six years, losing 29% from the peak June price.
Category: Investments & pensions & Uncategorized
According to HMRC, 45% of savers in stocks and shares ISAs are aged 55 or over. These savers already understand the mantra of âgross is goodâ and have chosen an investment on which thereâs no additional tax due on investment growth and income. What many investors seem to be unaware of is that the exact same tax treatment is available on funds held within a pension.
Category: financial planning & Investments & Uncategorized
New research from Experian has revealed key factors driving people to pull out of an application for a financial product or service. A lengthy application process is the number one frustration felt by over half (51 per cent) of UK adults applying for financial products and services, according to new research by Experian, the global information services company. The research, which looks at the top frustrations causing customers to pull out of an application, found that two fifths (40 per cent) of adults were deterred by the length and complexity of the application form, putting them off completing the application altogether.
Category: Budget & Investments & savings & Uncategorized
The first ÂŁ1,000 of interest earned on savings will be completely tax-free for lower earners from next year. Announcing the news during his Budget speech, Chancellor, George Osborne, said:
âPeople have already paid tax once on their money when they earn it. They shouldnât have to pay tax a second time when they save it.â
Category: Investments & Uncategorized
In a recent test, Standard Life put the âall newâ 2015 pension and the recently modified New ISA head to head, to see which would come out top in a ÂŁ0 â ÂŁ60,000 performance shoot-out and which one would prove the best for inheritance purposes.
Category: Investments & savings & Uncategorized
When it comes to kids and money, there are few topics that cause more confusion for parents than allowances. When should you start? Should it depend on the completion of chores? If you give too little, are you a scrooge? If you give too much, will your kids become brats?
