UK consumers’ love of impulse buying is costing them dear as they fail to shop around or read the small print on returning unwanted items, according to swiftcover.com.
In a nationwide survey of 600 UK consumers, swiftcover.com found that 91% made a regrettable impulse purchase last year. But that clearly hasn’t put them off - as […]
Archive for January, 2008
N&P conducts child’s savings account research
Posted in News, Save & Invest on January 24th, 2008 Comments Off
Recent analysis by Norwich and Peterborough Building Society (N&P) found that in 2007, savers put on average £112 a month into a child’s savings account.
This figure equates to £1,346 a year or a nest egg of over £24,228 if money is saved regularly every year until the child reaches the age of 18. The highest […]
FEATURE: Troubling times for commercial property funds
Posted in News, Save & Invest on January 23rd, 2008 Comments Off
With increasing numbers of asset managers putting a freeze on withdrawals, what does the future hold for commercial property funds? Your Money takes a look
The property rollercoaster is entering a flat phase after several years of thrilling peaks. Many of the house price indices are forecasting minimal growth for the residential market and, by all […]
Credit crunch having ‘profound impact’
Posted in News, Banking, Save & Invest on January 23rd, 2008 Comments Off
The credit crunch is having a marked effect on the global economy, Michael Gordon, head of investment strategy at Fidelity International has said.
Speaking about this week’s stock market turbulence, Gordon said the two primary causes were the growing consensus that the US economy is moving into recession and the emerging difficulties among bond insurers, with […]
Pension deadline looms
Posted in News, insurance, Save & Invest on January 23rd, 2008 Comments Off
People who don’t top up their pension before 5 April 2007 will lose the chance to make a contribution for this tax year, stockbrokerage Charles Stanley has warned.
According to the firm, there is no longer an opportunity to carry an entitlement from one year to the next, meaning the message from the Government is: “use […]
Alliance Trust’s measure of consumer financial wellbeing shows a worrying fall in the fourth quarter of 2007 as pressure mounts from rising prices, increased debt and slowing house price growth.
Consumers are facing increasingly extreme pressure on their day-to-day costs with rising food and fuel prices and a higher burden of debt. The economic research team’s […]
Truth counts for insurance policies
Posted in News, insurance on January 23rd, 2008 Comments Off
Nearly nine out of 10 Brits have always told the truth when completing an insurance application form, according to research by Friends Provident.
At the opposite end of the scale, one in five people would not read all the terms and conditions on a policy before they signed up.
But for those who choose to be dishonest […]
Website launched for National Ethical Investment Week
Posted in News, Save & Invest on January 22nd, 2008 Comments Off
A new website and set of support tools have been launched to help raise awareness for the UK’s first National Ethical Investment Week (NEIW).
NEIW, which will run from 18 to 24 May 2008, aims to give the financial services industry a chance to encourage consumers to consider green and ethical investments. The week is being […]


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