Personal Finance
| Use attributes for filter ! | |
| Google books | books.google.com |
|---|---|
| Originally published | February 3, 2012 |
| Authors | Kristy Walker |
| Robert B Walker | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2027432 |
About Personal Finance
Personal Finance, 2e by Walker/Walker offers students an engaging treatment of personal finance, while incorporating unique themes, an application-driven pedagogy, and a definitive action plan. . . .
Interest rates: Why there is more pain still to come
... While mortgage rates might be on the way down again, analysts say savings rates may also have peaked - including at Treasury-owned National Savings and Investments (NS& I)," Savers should brace themselves for rate cuts on NS& I accounts and for the Premium Bond prize fund to fall, as the government-backed provider has already exceeded its fundraising target for the tax year, " says Laura Suter, head of Personal Finance at investment platform AJ Bell...
The hidden tax rise in the Autumn Statement
... Sarah Coles, head of Personal Finance at Hargreaves Lansdown, said that while the 2% cut in NI " isn t to be sniffed at" by keeping NI and income tax bands frozen, " the Treasury has done nothing to protect us from the misery of fiscal drag, and means the lion s share of the damage done to our finances from these tax hikes will still continue to be felt years down the line"...
Minister's £11,000 iPad bill is legitimate expense - Humza Yousaf
... It has always been more expensive the moment you leave Europe, with some providers charging £7 a megabyte for data and nearly £4 a minute to make or receive a phone call, according to Personal Finance site...
Big banks accused of doing little for savers
... Alice Haine, Personal Finance analyst at investment platform Bestinvest, said: " The era of cheap money is well and truly over, so households should prioritise clearing expensive unsecured debt and building up a rainy day pot to withstand any unexpected expenses...
House price falls expected into new year, Halifax says
... Alice Haine, Personal Finance analyst from investment platform Bestinvest, said: " The housing market is expected to remain subdued into the next year as the drag effect from the Bank of England s 14 interest rate hikes delivers a heavy blow to affordability levels...
Freshers' week: Tips for surviving uni first year
... " Final-year student Pria, 21, agrees Personal Finance is an important aspect of uni life...
Premium Bonds: Chances rise of winning leading prizes
... " It was inevitable that NS& I would increase rates as rising competition in the savings market means it has fallen out of favour with savers who would prefer guaranteed rates elsewhere, " said Laura Suter, head of Personal Finance at investment platform AJ Bell...
New rules aim to end rip-off finance fees
... Eric Leenders, managing director of Personal Finance at UK Finance, the trade body for the banking sector, said he believed the changes would be more " evolution, not revolution" and that " most customers will probably not feel too much of a difference"...
Big banks accused of doing little for savers
By Kevin PeacheyCost of living correspondent
Big banks are doing " as little as they can get away with" when setting higher savings rates for loyal customers, an influential group of MPs has said.
The Treasury Committee has been scathing of the returns being offered to savers by The Major High Street banks as interest rates have risen.
It has called on customers to Shop Around for better deals.
New Bank of England figures suggest people have been shifting their savings to get better interest rates.
'Too slow'The Treasury Committee has consistently raised concerns about whether The Rising Bank of England benchmark interest rate is being passed on in full to savers.
In July , it accused them of offering for low rates.
Banks have been reporting their results in recent days, with.
In response. Harriett Baldwin , who chairs the Treasury Committee, said: " The Big Four banks have been far too slow to reward savers through better rates on instant access savings accounts.
" The figures published in The Past week still show signs that The Banks are trying to do as little as they can get away with to reward our constituents for saving. We will continue to press for individual and business savers to be rewarded. Meanwhile, savers should Shop Around for The Best rate. "
She suggested that " savvy consumers" were looking around for better deals, a view backed up by the which were published on Monday.
The data showed that £7. 7bn was deposited into Treasury-owned National Savings and Investments (NS& I) in September, The Most in a single month for three years, and up sharply from the £300m deposited in August.
NS& I was offering a market-leading fixed deal at The Time , which required savers to lock away their savings.
This type of account, offered across various providers, currently has an average interest rate of 5. 21%, compared with a 1. 96% average return on easy-access accounts.
Alice Haine, Personal Finance analyst at investment platform Bestinvest, said: " The era of cheap money is well and truly over, so households should prioritise clearing expensive unsecured debt and building up a Rainy Day pot to withstand any unexpected expenses.
" Those fortunate enough to have spare money to save should move fast, as The Top deals get snapped up quickly. "
In response to criticism, bank bosses have argued that attempts have been made to encourage savers to look at all the available deals.
What are my savings options?There is a guide to different savings accounts, and what to think about on the government-backed,
Related TopicsSource of news: bbc.com