- Warning. Beware of financial advisers promising unusually high investment returns.
- In Money Marketing this week the Financial Services Authority is warning advisers about the dangers of selling dodgy non regulated investment products. What about warning the public?
- Wed 28th Jul 2010
- Have you been miss-sold your mortgage and are now stuck in mortgage hell.
- I have been speaking to a number of mortgage gurus over the last few days and the prickly topic that keeps cropping up is mortgage miss-selling.
- Wed 14th Jul 2010
- Bank of England to hold interest rates until May 2011. Good news.
- The british chamber of commerce have stated that rates will be on hold for quite some time.
- Tue 6th Jul 2010
Banking chief gives money-saving tips
Thu 3 Jan 2008 12pm
The chief executive of the British Bankers' Association has issued some advice on how UK consumers can enjoy a financially healthy 2008.Angela Knight said that everyone can be more careful with their money without making "radical changes" to their lifestyle and suggested that, with the credit crunch still having an impact on financial markets, saving has become even more important than usual.
Ms Knight urged people to check bank statements regularly in order to keep track of their spending and also stressed the importance of dealing with bills promptly.
She also advised consumers not to "overdo it" with credit card purchases and recommended putting a bit more money aside in a savings account.
Finally, Ms Knight said that people who find themselves in financial difficulty should talk to their bank or an adviser "sooner rather than later".
"I believe that, with a bit of old-fashioned common sense and some much maligned prudence, we can enjoy 2008," she commented.
Donald MacLeod, head of cards at Sainsbury's Bank, recently urged Britons to review their finances at the start of the new year.
