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Category: isas & savings & Uncategorized
Since Child Trust Funds (CTFs) were phased out in 2011, parents and the savings industry have lobbied the government to allow the money held in them to be transferred into the Junior ISAs that superseded them. The ISA market is seen as having far more choice and, where the money is held in a savings account, often offers better rates.
Category: pensions & Uncategorized
Research recently published by the Prudential has claimed that tens of thousands of Britons will retire into poverty this year.
Of those who will leave work in 2013, one fifth will be below the poverty line, whilst 14% will have no personal or work pension at all and must expect to rely solely on the State Pension.
Category: Uncategorized
What was the old compliance wording? Markets can fall as well as rise? May was certainly the month when that was born out, with many of the major stock marching steadily upwards â only to suddenly have a day where the wheels fell off and previous gains were wiped out.
Category: Economy & Uncategorized
The GDP, âGross Domestic Productâ, is arguably the most important of all national economic statistics. The GDP seeks, every three months, to capture the state of the economy in one percentage number.
Category: Economy & Uncategorized
One of the central planks of George Osborneâs Budget speech in March was the introduction of the âHelp to Buyâ Scheme â a move designed to boost the housing market and give the building industry a shot-in-the-arm. At the time the move received a cautious welcome.
Category: Economy & estate planning & Uncategorized
Demand for property rose to its highest level in over three years during April, according to the Royal Institute of Chartered Surveyors (RICS) April 2013 Residential Market Survey. This rise is largely attributed by the RICS to the governmentâs Help to Buy scheme beginning to make an impact on the UKâs housing market.
