- 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
Less people driving without insurance, says BIBA
Tue 15 Jan 2008 4pm
The number of uninsured motorists on the UK's roads has fallen significantly in the last two years, the British Insurance Brokers' Association (BIBA) has claimed.According to the organisation, uninsured driving rates have decreased by more than ten per cent in that time, with a growing number of illegal vehicles being seized by police across the country.
Graeme Trudgill, technical and corporate affairs executive at BIBA, said that the increased presence of registration-reading speed cameras on Britain's roadsides has helped to catch a large number of people who flout the law by driving without insurance.
He added: "Police have now got access to the motor insurance database and the power to seize uninsured vehicles."
According to Mr Trudgill, approximately 150,000 uninsured vehicles were acquired by the authorities last year, compared with just 78,000 in 2006.
Figures from the Motor Insurers Bureau state that the presence of uninsured drivers in the UK adds £30 onto the average insurance premium.
