- Lloyds TSB Student Account ‘eases financial pressure’
The Lloyds TSB Student Account could provide students with a bit of leeway when they embark on their university studies.
- London too expensive, says engage Mutual Assurance
Young Londoners are finding their living costs expensive and rising, according to a report from engage Mutual Assurance.
- General Insurance warns students over valuables
General is warning that they should not only take out home contents insurance, but also protect their possessions against theft.
- Homeowners to benefit from Direct Line flooding advice
- The Norwich Union Pay As You Drive insurance to be launched
- uSwitch criticises charges on the Lloyds TSB current account
Changes to the Lloyds TSB current account resulting in an increased number of charges to customers has been slammed by uSwitch.
- Nationwide fixed rate and tracker mortgages launched
As of October 3rd, Nationwide fixed rate and tracker mortgages will be available and the products will complement existing products.
- Portman fixed-rate mortgages are reduced
Following a review of the Portman fixed-rate mortgages range, the building society has decided to decrease a number of its interest rates and fees.
- Post Office credit card free to use abroad
The Post Office credit card now offers customers a better deal when using the card abroad due to the removal of commission charges.
- Age is key to financial preparation, says Scottish Widows
New research undertaken by Scottish Widows has underlined very different attitudes to finances across the age groups.
- RBS Global Travel Money Services products launched
The Royal Bank of Scotland’s (RBS’) Global Travel Money Services will make foreign currency easier to obtain.
- Yes Insurance cashback scheme to benefit ‘green’ drivers
Online insurance provider Yes Insurance has today embarked upon a cashback scheme that will reward car owners who drive hybrid vehicles when taking out motor insurance with the company.
- Leicester Balance Builder account
Leicester Balance Builder account, which is aimed at larger charities and the public sector, are to benefit from higher interest rates.
- AA Legal Services introduced to market
The UK’s first major non-legal brand to enter the market has emerged as AA Legal Services was launched.
- HSBC mobile phone banking launched
In a joint venture with MoniLink, HSBC and first direct are the first banks to introduce next generation mobile phone banking to customers, encouraging banking on the move.
- New Nationwide HomeBuy mortgage introduced
The Nationwide building society has launched its open market HomeBuy mortgage, underlining its support for the government scheme.
- Direct Line Home Insurance – Pester power costs parents billions
- MasterCard SmartData OnLine milestone reached
One million transactions are now taking place per month by European companies using MasterCard SmartData OnLine.
- American Express Platinum credit card is a market leader
The cashback rate on the American Express Platinum credit card makes it a market leader, the bank has declared.
- How landlords can avoid that 3am call
The marketing blurb for one company’s landlord insurance policy reads: "3am. Who do they call? Don’t let it be you."
- Well-heeled tread a path to the pawn shop
Pawnbroking is really borrowing money from yourself. Or at least, that’s what the National Pawnbrokers Association says.
- Stellar performance that could become dimmer
A survey by Hotbed, a private equity investor network, suggests private banks have doubled their suggested allocation to private equity in private client portfolios to 10 per cent over the past three years.
- Customers can click on advice beyond compare
Comparison websites, internet-based supermarkets that collate and compare the prices of a range of products from mortgages to credit cards, are changing the face of the financial markets.
- Sipps to be hit by new way of valuing shareholdings
A change in the way pension providers are required to calculate the value of shares in their clients’ portfolios will lead to delays and additional costs for no obvious benefit, according to a leading provider of personal pension schemes.
- Pound teeters near the top
A large and growing proportion of fund managers reckon the pound is overvalued, according to a widely followed monthly survey by Merrill Lynch.
- Stretched customers rack up banks’ income
Last month the Office of Fair Trading capped the penalty charge on overdue credit card payments. It is now carrying out a preliminary review of current account charges.
- More than a leg up for cash-strapped first-timers
Buying your first home has long been a rite of passage in the UK. Like graduating from university and getting your first job, it is seen as part of the process of becoming a responsible adult in a culture that attaches great importance to home ownership.
- A halfway house offers a place to shelter
If your primary concern for your investments is the risk of losing money then it would seem counterintuitive to consider an equity fund. But there is a halfway house and growing numbers of investors are taking it.
- Workers who contract out to enjoy greater flexibility
Millions of pension savers who have accumulated funds worth as much as Â£100bn by opting out of the state second pension are set to enjoy greater freedoms over how they invest this money.
- Put your feet up in a place in the sun
A flat in the bustling beehive of Benidorm or a quaint white-washed casita on a hill overlooking the Mediterranean in Menorca? On the hunt for more affordable places to retire, Britons have long flocked to sunny Spain to live out their later years.
- Cyberspace, the final frontier for small investors
Over the Christmas period last year, when most private investors were busy celebrating and even fund managers were away from their desks, a small group of maverick investors were having discussions that would lead to an attempt to unseat the chairman of a
- Lettings market faces a multiple problem
Scores of landlords are either selling their large rented properties or paring back the number of tenants who live in them to avoid bearing the brunt of costly new licensing requirements.
- Green investment is still in its budding stage
Does Sir Richard Branson’s announcement that Virgin will invest an estimated $3bn (Â£1.6bn) in renewable energy over the next decade mean that clean energy production one step closer to becoming the next technological revolution?
- Brokers punt on growth of demand for spread betting
Stockbrokers are muscling in on the financial spread betting market, in a move that could entice mainstream investors into this risky arena.