Credit card companies are labouring under a deluge of bad debt, as cash-strapped consumers find themselves unable to make the repayments on their credit cards. As a result, access to a credit card will be harder to get, borrowing rates will spiral, and monthly credit card fees could become standard, as credit card companies look [...]
Posts Tagged ‘Pricewaterhouse Coopers’
Cost of credit cards to rise, availability to fall
Thursday, November 19th, 2009Consumer must arrange his own insurances and pension – Government
Thursday, July 30th, 2009A new report by the Insurance Industry Working Group (IIWG), led by the Chancellor of the Exchequer Alistair Darling, encourages the consumer to act on his own initiative to arrange life insurance, critical illness insurance and private pensions provisions in the future.
Nanny mugged yet again in London – Retirement planning nanny that is!
Friday, June 26th, 2009That old lady known as the ‘Nanny State’ has taken another battering with regards to retirement planning this summer. New research, by PriceWaterhouseCoopers, reveals that the burden of pension provision is shifting further towards the private individual, as private sector employers dismantle or freeze their previous company pension commitments. Over three-quarters of companies said that the tax proposals in the [...]
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