Posts in August, 2009
We have have all seen the recovery in some of the banking stocks, perhaps the reason is they are not paying you enough interest and they think you will not shop around!
The main High Street banks are paying poor rates to business and personal account holders. Rates for businesses with £50,000 or more on deposit [...]
Posted in General on 24 August by Philip Church | Permalink |
UK Consumer Price Index inflation has bucked forecasts of another drop by holding steady at 1.8% in July. Figures from the Office for National Statistics out last week show computer games, DVDs and furniture prices helped the figure stick, by having an upward effect on the index.
Despite beating forecasts, economists and the Bank of England [...]
Posted in General on 24 August by Philip Church | Permalink |
The Financial Ombudsman Service (FOS) has reportedly aired its alarm over an increasing number of cases where banks have pushed older customers into high-risk investments.
The FOS says it has dealt with an increased number of complaints over the last six months relating to banks advising clients with low-risk or no tolerance attitudes to invest in [...]
Posted in General on 24 August by Philip Church | Permalink |
When the A-Day simplifications were introduced back in April 2006 we were given a whole new concept of what pension saving was to be all about in the future.The past that we left behind on A-Day was complicated and gave different tax treatment to different people depending on when they started saving.
Three [...]
Posted in General on 24 August by Philip Church | Permalink |
The budget did not appear to offer relief or incentives to most individuals and it really did turn the screw on those earning £100,000 with the removal of the personal allowance from 2010 and levy a 50% tax charge on earnings of £150,000.With further increases in National Insurance Contributions(NIC), employer and employee
Posted in Pensions on 4 August by Philip Church | Permalink |