Personal Finance
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| 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"...
Premium Bonds: Chances rise of winning leading prizes
By Kevin PeacheyCost of living correspondent
The chances of winning some of the biggest Premium Bonds prizes have increased to their highest level for More Than 15 years.
Greater competition to attract savers has led National Savings and Investments (NS& I), to improve The Odds to 21,000 to one.
There will be 90 prizes of £100,000 compared with 77 at present, and up from just six in May Last Year .
However, there will still only be two winners each month of the £1m jackpots.
" These rate increases will help ensure that our savings products remain attractive to customers, whilst ensuring that we continue to balance the needs of savers, taxpayers and the broader Financial Services sector, " said Dax Harkins, chief executive of NS& I, which is entirely owned by the Treasury.
Rising have fed through to better returns for savers, although providers remain and MPs to offer better rates.
Premium Bonds offer the chance of winning tax-free money through monthly prize draws instead of regular interest. It is the UK's most popular savings product, with about 22 million investors.
However, savers have been drawn towards better returns from other savings providers recently, despite eight increases in the generosity of Premium Bonds in the Last Year .
The effective interest rate of 4. 65% is still lower than than leading rate of 5% on easy-access accounts, and even better returns on other deals which lock-in savers' money.
" 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 .
The Changes mean there will be an estimated 181 Premium Bonds prizes of £50,000 given in September, up from 154 in August.
While there will be more big money prizes on offer, the estimated number of £25 prizes will go down from 1. 7 million in August to 1. 03 million in September.
Overall, there will be 5. 79 million prizes in September, an increase of More Than 269,000 when compared with August. and up from 3. 4 million in May Last Year .
The returns on other NS& I products are also improving.
Related TopicsSource of news: bbc.com