ReadLog InSign Up

Money News

AXA Wealth gives advice to confused babyboomers

AXA Wealth has warned babyboomers to seek advice before they discover unexpected obstacles in attempting to plan for their retirement.

Pension plan named number one advice driver

An increased amount of people asked for of pension planning advice from independent professional advisers last month, according to a specialist survey.

Scottish Widows study shows Brits' financial worries

Britons spend an average 24 days a year worrying about bills, savings, pensions, debt problems and other financial concerns, according to a new Scottish Widows study.

HSBC promotes cash Isa savings

HSBC advises anyone over 16 years old to invest in a cash Isa to make the most of tax-free savings opportunities.

HSBC recession survey shows kids' thrifty instincts

HSBC has revealed the recession has taught children the value of money and made them less likely to fall into debt.

Upfront pension charge 'will deter savers'

A two per cent upfront charge on employees for a workplace pension will not encourage more people to save, it has been suggested.

Barclaycard Freedom brings reward scheme to 8m customers

Barclay Freedom cardholders will now be able to earn reward points when buying goods at any participating outlet, it has been announced.

Scottish Widows savings report shows no chance to save

The recession has prevented many people from reaching their personal savings goal, according to one expert.

PayPal launches iPhone application

PayPal has launched a new payment facility for the iPhone which allows users to transfer money by holding two mobiles next to each other, it has been announced.

Aegon "pleased" over pension dual charging structure

Aegon has welcomed the new National Employment Savings Trust (NEST) charging structure, which will take an annual management charge of 0.3 per cent and a personal contribution charge of two per cent.

Fidelity FundsNetwork and Cofunds plan for "painless" Isa applications

Fidelity FundsNetwork and Cofunds have announced that they will help financial advisers deliver their clients' Isa applications by installing collection points across the country.

Santander welcomes transparency in current account market

Santander has welcomed proposals outlined by the Office of Fair Trading (OFT) which address the problem of bank charges for customers who become overdrawn without an awareness of the penalties.

Car insurance policy holders "fronting" to save cash

People who write their own name as the main driver on an insurance policy for their child's car are guilty of a type of fraud known as "fronting", it has been suggested.

Nationwide personal loan 'perfect for dream car'

A new Nationwide personal loan rate has been launched today (March 16th) giving those taking out five-year loans worth between £7,500 and £14,999 a typical 7.9 per cent APR.

Barclays Wealth: Isa investors "disillusioned" with returns

Barclays Wealth has suggested that Isa investors are disillusioned with their returns in light of the prolonged historic low interest rate.

Yorkshire Building Society flexible home insurance is no "standard" plan

The Yorkshire Building Society flexible home insurance policy caters for the individual lifestyle of each customer, it has been suggested.

Fidelity International ISA quote and buy service "useful"

Fidelity International Isa quote and buy service has proved "useful" for financial advisers and already attracted 2, 000 investments, it has been announced.

Scottish Life corporate pension to encourage employee interest

Scottish Life has launched a new range of marketing brochures for corporate pension schemes which focus on the needs of the employee.

Package bank accounts may mislead, warns expert

Package bank accounts that claim to offer value for money may contain supplementary charges for added extras, it has been suggested.

Credit card measures 'a baby step in the right direction'

The credit card regulations to be imposed by the government which make it illegal for companies to raise credit limits without customer approval have been described as too mild by one credit expert.