Investing News

New rapid response unit ready to deploy team of finance experts to councils

A new joint rapid response unit has been set up and is in operation, ready to deploy finance experts to local authorities who need assistance following the failures of Icelandic banks. ...

Inflation rate facing the elderly hits a six-year high

The inflation rate amongst the elderly is at a 6 year high, an astonishing 7.8%. Alliance Trust's ongoing monthly study of age related inflation has found that the over 75 year olds continue to be hit the hardest by rising inflation, and the pain is getting worse. This age group saw their inflation rate jump from 7.0% to 7.8% in September....

Jupiter top fund in Alpha League table

Jupiter has been awarded top ranking in the Alpha League Table - the study created by Europerformance and EDHEC to recognise asset management houses on the ability of their managers to add value over and above returns provided by indices. ...

Own a pet to reduce stress

Dogs really are a man's best friend with 90% of people owning a pet for companionship. 85% of people own a dog or a cat to get the endorphins flowing to make them feel happy...

Home not a safe haven for your hard earned cash

As domestic safe sales surge, esure warns homeowners that they could be left under-insured and exposed by keeping too much cash at home....

Pension Protection Fund signposts long term levy proposals

The principles which will underpin proposals for the long-term future of the pension protection levy were set out yesterday in a speech by Pension Protection Fund (PPF) Director of Financial Risk, Martin Clarke....

Economic Secretary announces banking liaison group

Ian Pearson MP, the Economic Secretary to the Treasury, today announced that a new expert liaison group on banking will be set up. ...

More seeking help with mortgage and fuel arrears says Citizens Advice

New figures released today by national charity Citizens Advice reveal that more people are seeking advice on how to manage mortgage and secured loan arrears and fuel debts. ...

Poll reveals 45% of people believe their money is less save than a year ago

A poll commissioned exclusively by Channel 4 News reveals almost half of those questioned feel their savings are less safe than a year ago....

Interest rates falling... not this one

Coventry Building Society, the fourth largest building society in the UK, has announced its 50 Plus eSave account will remain fixed at 6.25%....

Parents sacrifice luxuries to secure future funds for children

As financial situations worsen, parents are having to cut back on personal luxuries in order to secure a better future for their children, according to new research out today by Family Investments, the family savings specialist and UK's leading Child Trust Fund provider. ...

New fund will target absolute returns, low volatility

F&C has launched a new pooled investment fund which will target returns of 2-4% per annum over short term money market rates (net of all costs) and with low volatility. ...

FSCS protection for savers at Heritable and Kaupthing Singer and Friedlander

The Financial Services Compensation Scheme (FSCS) is helping to safeguard retail deposits held by approximately 180,000 retail customers of Heritable and Kaupthing Singer & Friedlander....

The Metropolitan police authority has 30 million deposited in Icelandic banks.

Metropolitan police authority has £30 million deposited in icelandic banks & calls "government to guarantee against potential losses" but claims "frontline policing will not be affected...

Four in 10 of our pets are overweight according to vets

More than four in 10 (43%)(1) of the cats and dogs seen by Britain's vets are overweight, according to new research by Sainsbury's Finance whose comprehensive Pet Insurance covers vets bills up to £7,500. Sainsbury's Finance is warning that many medical conditions suffered by our cats and dogs are linked to or worsened by being overweight, and that allowing your pet to become overweight could put a strain on the purse strings because of the extra vet fees and medication costs. ...

Three-quarters of adult Brits uninvolved with their parents' finances

Over three-quarters of adult Brits (77%) are uninvolved with their parents' financial position according to recent research from Newcastle Building Society's Equity Release Service. One third (33%) do not see it as any of their business to become involved - raising fears that lack of communication within families on financial matters could prove problematic for both parents and their adult children later on in life....

So you have got a fast car...

The car you drive says masses about your personality, age, wealth and fashion sense, research by Saga Motor Insurance has revealed. Although owners of luxury cars and supercars, such as Rolls Royces and Ferraris, may be hoping to demonstrate great taste, they are more likely to be seen as 'flashy' (21% and 22%), particularly by women (23% and 24%)....

All under one roof

More and more families are likely to consider upgrading or extending their existing home to house extended family in the future, according to new research issued today by Halifax Home Insurance....

Direct Line reports increased incidence of fuel theft

The credit crunch and the price of petrol mean thieves are going to new levels of desperation and stealing people's fuel. ...

Boost in employee confidence for the workplace pension

The latest bi-annual National Association of Pension Funds (NAPF) Workplace Pensions Survey shows that employee confidence in pensions as a way of saving for retirement has improved from +3% to +22% during 2008....

SHIP launches consumer checklist on sale and rentback

SHIP (Safe Home Income Plans), the professional body for equity release providers, today launches a consumer checklist on the Do's and Don'ts of sale and rent back in response to increasing consumer confusion. ...

Careless businesses driving public fear of fraud

New research from insurer RSA has revealed organisations must urgently address rising fears that they are not adequately protecting their customers' personal information. According to the study, a staggering 90% of people in the UK think important personal information held by companies such as banks, retailers and online auction sites is not completely secure. Just as worrying is the fact that nearly half (46%) of Britain think their banks and retailers do not do enough to protect their personal details....

UK set to become a nation of one car households

New figures published today reveal that almost half (48 percent) of UK motorists are being forced to consider downscaling to just one vehicle per household, in an effort to combat the rising costs of running a car....

Credit crunch stopping workers acting on health issues

A major new health report unveiled today reveals that the credit crunch is leading to people being less likely to take time off sick. 83% of workers reported feeling the impact of the credit crunch and 42% of British workers stated they were less likely to take time off during the economic slowdown. The report also surveyed HR professionals, 76% of whom agreed that employees will be less likely to take time off sick as a result of job security worries....

Billions up for grabs as financial woes pile on the pressure

Nearly half the population feel more inclined to seek free independent information and advice for help with their escalating bills or other worries than this time last year, according to new research carried out for the Promoting Advice coalition. ...