- 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
Brits 'struggling to afford insurance'
Wed 12 Dec 2007 3pm
The rising cost of living in the UK has meant that many people are neglecting their need for insurance, a new report has claimed.According to Sainsbury's Finance, ten per cent of the nation's homeowners do not currently have insurance for their property, while 11 per cent of people did not arrange any travel insurance for their last holiday.
With living costs rising by an average of 4.2 per cent between October and November this year, an increasing number of people are looking to cut financial corners by avoiding the expense of insurance, the company stated.
"Insurance is an absolute must, but our research suggests that millions of people are playing Russian roulette by opting to do without," said Steve Johnson, head of insurance at Sainsbury's Finance.
"Those people finding it difficult to afford insurance due to the rising cost in living need to ensure that they shop around for the best cover," he added.
Homeowners planning a major DIY job were recently urged to take out accidental damage cover by the British Insurance Brokers' Association.
