Saving 'Not Encouraged' By Pension Tax Rule Changes

Although many of us are saving for our retirement recent news from the government is discouraging for some. The highest level of tax relief will be restricted for those earning more than £150,000 a year and it will disappear altogether for those with income over £180,000. These higher earners will only get ...16:36 Mon 24th May 2010

Bankruptcy ‘Increasing In Scotland'

Recent figures released by the Accountant in Bankruptcy found that the number of companies going to the wall has risen by over 150 per cent compared to the same period the previous year. In real terms, this amounts to more than 3,700 businesses going under. The number of individual insolvencies has also soared - by aro...16:36 Mon 24th May 2010

Competition Between Banks Is Good For Consumers

It seems that a bit of healthy competition between high street banks is good for us the consumer. Customers looking for good value for money bank accounts get better deals when there is competition, it is advised. Which , the well known unbiased review magazine, comments that the best interest rates and offers occur ...16:36 Mon 24th May 2010

Make Sure Your Mortgage Is Right For You

Whether you are moving house or just remortgaging to get a better deal it is vital to do your homework beforehand. A mortgage is probably the largest financial commitment you will ever make so it has to be the right one. You can, of course, do your initial research on the internet, but one of the best ways to find out...16:36 Mon 24th May 2010

ID Theft 'Can Lead To Blacklisting'

Identity theft can be a distressing crime before its long-lasting effects are even considered. The mere thought that someone could be using your details to take money out of your account, apply for a passport or even commit crimes can be extremely concerning. However, cards can be cancelled, passports can be stopped an...16:36 Mon 24th May 2010

All About ISAs

ISAs are often advertised as tax-free savings vehicles, but many people wonder how this works in practice. ISAs were introduced in 1999 and replaced the earlier Personal Equity Plans (PEPs) and Tax-Exempt Special Savings Accounts (TESSAs). ISAs were explicitly designed to appeal to a broader range of the population th...16:36 Mon 24th May 2010

How does a state pension work

Most people are aware that arranging a pension for when they retire from work is important – but some may not know how to contribute to one. Although many people currently have a private or company pension most will also have contributed to a State Pension. A State Pension is tied to the National Insurance Contr...16:36 Mon 24th May 2010

Traveller's Cheques - Good Or Bad

Traveller’s cheques used to be the only way to take money safely abroad, before everyone had credit cards. Still, nowadays many holidaymakers can choose to use traveller's cheques as a way of carrying cash when they go on holiday. The traveller’s cheque is a pre-printed document of a fixed monetary value; ...16:36 Mon 24th May 2010

How does a company pension work

Most of us are looking forward to the time when we have retired from work and can relax and start doing the things we always wanted to do; whether it is spend more time with the grandchildren, travel or simply enjoy the garden. Whatever it is we need some money to live on. Many people will be relying on their State Pen...16:36 Mon 24th May 2010

Overview Of Capital Gains Tax.

Capital gains tax (CGT) is payable on certain items which have increased in value since they came into a person's possession. Not all countries implement CGT and of those that do most have different rates of taxation for individuals and corporations. Individuals who are residents or ordinarily residents in the UK are ...16:36 Mon 24th May 2010

Protect Your Mortgage As Well As Yourself

Many of us who own our own home and have a mortgage will have a mortgage protection policy. Usually our mortgage provider has asked us to take out a policy with them but we are not always sure of the reason why. It could be vital to your financial well being as well as peace of mind to take out this sort of cover in th...16:36 Mon 24th May 2010

When might a payday loan be useful

We have all been there. After a particularly expensive month; perhaps there were a few family birthdays, a holiday or Christmas, we have run out of money earlier than expected and payday seems a long way off. Most of us will somehow scrape through until the money comes through but for some people the money needs to com...16:36 Mon 24th May 2010

The Stock Market In Brief

How many of us have heard of the stock market but are not actually sure what goes on there We may often see the figures on the news each day. Sometimes they are up and sometimes they are down. The stock market is very important to the global economy, but some may not understand its ins and outs. A traditional meaning...16:36 Mon 24th May 2010

Getting Your First Home

Although many children are now staying at home longer and longer, often throughout university and well into their first job eventually they do leave. However, as many of us have heard in the news first time buyers are finding it increasingly difficult to qualify for a mortgage and many have little or no deposit. Gettin...16:36 Mon 24th May 2010

What Is An IVA

In the current financial climate many of us are feeling the pinch and increasingly finding that our outgoings are more than our incomings. However, for some people the situation is much more desperate and they have built up large debts which they now find they cannot repay. Some of this will be credit cards where the c...16:36 Mon 24th May 2010

How does saving with bonds work

Most of us go through life with little or no savings. Perhaps we manage to scrap together a couple of thousand from our monthly wages over a period of a few years, which will be enough to help the children get their first car or go to university. Some people, however, are lucky enough to come into a larger sum of money...16:36 Mon 24th May 2010

UK 'offers lowest pay rises in the world'

The UK offers the lowest pay rises on offer anywhere in the world, a new research has revealed. According to global management consulting firm the Hay Group, these paltry pay increases may get even worse as the recession hits the UK, taking a toll on businesses' profitability. Poor pay packets could lead UK employees...16:36 Mon 24th May 2010

Consumers Can Save On Water Bills By Shopping Around

While water bills don’t attract anywhere near the attention given to gas and electricity, the question of who should foot the bills for improving the nation's infrastructure has once again been brought into question. Recently, the industry regulator Ofwat revealed that the ongoing need for investment will mean t...16:36 Mon 24th May 2010

Current account "compensation needs to be clearer"

The rules outlining the compensation that current account savers will be given in the event of a crisis at their bank need to be clearer, one expert has said. Consumer watchdog Which made the claim, elaborating that there needs to more understanding about how savers' deposits are protected when their bank goes bankru...16:36 Mon 24th May 2010

Advantage Loans

This Article is provided by BBC Watchdog (The AnswerBank is not affiliated with BBC Watchdog) Advantage Loans 23rd November 2004 Advantage Loans is based in Bournemouth. According to an Advantage Loan19:02 Thu 25th Nov 2004