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Cost of Motoring Miles Ahead of Inflation

by TIna

Category: Uncategorized

The RAC's annual Cost of Motoring index has revealed the average cost of keeping a car on the road to be a staggering ÂŁ6,689 per annum, a rise of 14% (ÂŁ819) on last year. That's an average of ÂŁ128.64 per week and 55.74 pence per mile, but however you dress it up it is surely a hefty blow to Britain's already cash-strapped motorists.

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Which? Report Highlights Risky Investment Advice

by TIna

Category: Uncategorized

According to a new Which? report, many high street banks and building societies are giving poor advice and recommending inappropriate investment products to elderly and potentially vulnerable consumers. Which? researchers, in an undercover investigation, found that only five out of 37 advisers in banks and building societies gave good advice about investments.

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Financial Planning Week

by TIna

Category: Uncategorized

If you are one of the millions of people in the UK who could do with improving their overall financial “fitness”, take a look at what's happening during Financial Planning Week, 21-27 November. It's a consumer awareness campaign which helps you take some simple steps to improve your financial situation.

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Junior ISA’s launched on the 1st November

by TIna

Category: isas & savings & Uncategorized

The new savings initiative for children has been introduced following the closure of the Child Trust Fund schemes in January this year.

Junior ISAs will be available to all children living in the UK who do not have a Child Trust Fund account. There will be a total annual limit of ÂŁ3,600 for all payments into these accounts, which can be a cash account, stocks and shares account, or combination of the two.

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November Market Commentary

by TIna

Category: Uncategorized

Almost inevitably, events in Europe – and particularly in Greece – dominated the month. George Papandreou’s threat of a referendum on the European bailout package meant that markets lost some of their gains in early November, but at the time of writing (November 7th) Papandreou has agreed to stand down. Greece will now have a coalition government until elections are held and this will hopefully lend stability and see the bailout package accepted.

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