Thursday, May 27th, 2010
The cost of raising a child from birth to age 21 has topped £200,000 for the first time, according to the annual Cost of a Child survey by insurer LV=. With good financial planning, you can spread the burden of two decades with your little bundles of joy.
Tags: DWP, Enterprise Investment Schemes, Financial Advice, Financial Planning, Individual Voluntary Arrangement, ISAs, IVA Advice Northern Ireland, Online Financial Advice, Online Mortgage Deals, Online Stockbrokers, Research Your Mortgage, Savings, Savings and Investments
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Wednesday, May 26th, 2010
Children’s savings have taken a blow this week, with the announced abolition of the Child Trust Fund scheme (CTF) due to government cuts. What are the other options for children’s savings?
Tags: Childrens Pensions, Childrens Savings, Childrens Stakeholder Pensions, Individual Voluntary Arrangement, ISAs, Online Mortgage Deals, Research Your Mortgage, Savings, Savings Accounts
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Monday, May 24th, 2010
In an unexpected move against savings for children, the government has announced that the Child Trust Funds Scheme is to be completely scrapped in a phased move from August 2010.
Tags: Child Trust Funds, Childrens Pensions, Childrens Savings, Childrens Stakeholder Pensions, Increased Life Expectancy, Investments for Children, Online Mortgage Deals, Research Your Mortgage, Savings, Savings Accounts
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Wednesday, May 12th, 2010

Only the Labour Party supported continuing access for all to the Child Trust Fund Scheme. The Conservatives want it limited to only poorer families, the Lib Dems want it scrapped. The writing may be on the wall for the most successful children’s savings initiative in the history of the country.
Tags: Child Savings, Child Trust Fund, Child Trust Funds, Children's Mutual, Childrens Pensions, Childrens Savings, Childrens Stakeholder Pensions, Online Stockbrokers, Research Your Mortgage, Savings and Investments
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Wednesday, April 21st, 2010

New customers rushed to cash in on tax-free ISA savings this month, pushing account applications up 52% on last year. The new, higher ISA limits have boosted the already-popular savings accounts, which are already held by over a third of households in the UK.
Tags: Bank Of England, Barclays, Best Pension, Cash ISAs, Cheap Life Insurance, Financial Life Cycle, Halifax, Individual Savings Accounts, Individual Voluntary Arrangement, ISA Allowance, ISAs, Online Mortgage Deals, Research Your Mortgage, Savings, Savings and Investments, Stocks And Shares ISA, UK Investment Advice
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Friday, April 16th, 2010

When planning your children’s savings, factor in £383 per year for technology – for everything from computer games, music downloads, and mobile phone costs, says Halifax in a new survey published this week.
Tags: child, Child Savings, Child Trust Funds, Childrens Savings, Childrens Stakeholder Pensions, Increased Life Expectancy, Investments for Children, Online Mortgage Deals, Online Stockbrokers, Research Your Mortgage, Savings, Savings and Investments
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Friday, April 2nd, 2010
ISA savings are strangled in red tape, mired in misinformation and blocked by barriers to switching accounts, says market watchdog Consumer Focus. Inefficiencies by ISA providers may cost savers up to £3 billion in lost interest. A ‘super-complaint’ has been lodged with the Office of Fair Trading.
Tags: Cash ISAs, Cheap Life Insurance, Individual Savings Accounts, Individual Voluntary Arrangement, ISAs, OFT, Online Mortgage Deals, Research Your Mortgage, Savings, Stocks & Shares, SVR
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Wednesday, March 31st, 2010

Families in the UK are £6 a week worse off than a year ago, according to new figures published this week by supermarket chain Asda. Savings meanwhile are, on average, adequate for just 14 days of living costs.
Tags: Aviva, Best Maxi ISA, Income Tax Allowances, Investments, Mortgage Adviser, Online Mortgage Deals, Online Stockbrokers, Personal Finance, Research Your Mortgage, Savings, Savings and Investments
Posted in Savings News | 1 Comment »
Monday, March 29th, 2010

A basic rate taxpayer currently needs a savings account that will pay 3.75%, just to beat inflation, according to new data released today. The 40% taxpayer is in an even tighter corner. More and more investors are turning away from cash and looking at stocks and shares, for better growth potential.
Tags: Barclays, Bonds, Canada Life, Income Tax Allowances, Individual Voluntary Arrangement, Investments, ISAs, Moneyfacts, Online Mortgage Deals, Pensions and Retirement, Research Your Mortgage, Savings, Tax Efficient Savings, UK Investment Advice
Posted in Savings News | 1 Comment »
Tuesday, March 23rd, 2010

This year the tax year comes to an end over the long Easter weekend. Savers wishing not to lose their ISAs savings allowances may, therefore, have to act by Thursday, April 1st, depending on their savings provider.
Tags: Cash ISAs, Cheap Life Insurance, Individual Savings Accounts, Individual Voluntary Arrangement, ISAs, Online Stockbrokers, Research Your Mortgage, Savings and Investments, Stocks & Shares, Stocks And Shares ISA
Posted in Savings News | No Comments »