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BBC NewsStormont to review PIP benefit claims after court rulingBBC News... people who were unable to travel independently on the grounds of psychological distress - as opposed to other conditions - were not entitled to the enhanced mobility rate of the benefit. In December, a High Court judge ruled the alterations ...and more »
Express.co.ukDespite investor panic and market meltdown, people are urged to save and remain calmExpress.co.ukIf you do not need your pension or stocks and shares Isa savings for a few years, you can sit back and wait for the recovery. However, those who need their money in the immediate future should reduce their exposure. Younger investors have time on their ...
UK: Pension Freedoms Prompt FCA Scrutiny Of Private Pensions MarketMondaq News AlertsPersonal pension providers should be ready for potential action from the Financial Conduct Authority (FCA) if a review uncovers competition, charging and value for money issues, experts have warned. A discussion paper on 'non-workplace' pensions ...and more »
UNTV NewsUS states join forces on fintech licensesUNTV NewsLONDON (Reuters) – Banks in Britain and the United States have banned the use of credit cards to buy Bitcoin and other “cryptocurrencies”, fearing a plunge in their value will leave customers unable to repay their debts. Lloyds Banking Group Plc (LLOY ...and more »
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Airline pilot facing £300000 penalty over pension scam - Telegraph.co.uk

Telegraph.co.ukAirline pilot facing £300000 penalty over pension scamTelegraph.co.ukHis pension with British Midland (BMI) was worth around £500,000, and he agreed to transfer this pension to another scheme, which he had no idea was actually owned and operated by the company advising him to move the money. It was explained to Mr ...and more »
(10-02-2016)

Don't get swept up in pension reform freedoms - Bdaily

BdailyDon't get swept up in pension reform freedomsBdailyIf you transfer your money into a scam, you could end up losing all your pension savings and in some cases facing a tax bill of up to 55% from HMRC.” Experts are keen to point out that 'doing nothing' may not be the best option either. It depends on ...and more »
(10-02-2016)

Robin Hood in a Time of Austerity - London Review of Books (subscription)

Robin Hood in a Time of AusterityLondon Review of Books (subscription)In this version the sheriff of Nottingham runs a ruthless realm of plunder and political correctness, ransacking the homesteads of honest peasants for money to finance the conceptual rich – that is, the unemployed, the disabled, refugees, working-class ...
(10-02-2016)

Cut up your credit card - Financial Times

Cut up your credit cardFinancial TimesBy the end of 2016, another record is likely to be broken: the average UK household is likely to owe almost £10,000 in unsecured debt. According to a recent PwC report, “Precious Plastic: How Britons Fell Back in Love With Borrowing”, total ... This is ...and more »
(10-02-2016)

Family of backpacker seriously injured in horrific Thailand moped crash hit with £35k hospital bill - Mirror.co.uk

Mirror.co.ukFamily of backpacker seriously injured in horrific Thailand moped crash hit with £35k hospital billMirror.co.ukAccountancy graduate Tasha Hutchinson, 24, was on a six-month adventure when the bike she was on was hit by a taxi driver who fell asleep at the wheel. She was left with horrific leg injuries and because she had forgotten to get medical insurance, she ...and more »
(10-02-2016)

UK regions with the biggest mortgage debt revealed - This is Money

This is MoneyUK regions with the biggest mortgage debt revealedThis is MoneyMortgage holders in pockets of London such as Newham and Tower Hamlets along with those in towns on the outskirts such as Barking, Crawley and Harlow are the most at risk if the Bank of England raises interest rates, data suggests. Those who have ...
(10-02-2016)

Three men found guilty of helping teenage jihadi travel from UK to Syria - The Guardian

The GuardianThree men found guilty of helping teenage jihadi travel from UK to SyriaThe GuardianThree men found guilty of helping teenage jihadi travel from UK to Syria. Kristen Brekke, Adeel Ulhaq ... Three young British men have been found guilty of encouraging and helping a 17-year-old boy to join Islamic State by supplying him with money ...and more »
(10-02-2016)

Rise in number of those who think now is good time to save following USC cut - Irish Independent

Irish IndependentRise in number of those who think now is good time to save following USC cutIrish IndependentCharlie Weston, Personal Finance Editor ... The Nationwide UK (Ireland) savings index shows those under the age of 50 feel Government policy is encouraging them to save, especially the reduction in the universal social charge (USC). Younger people ...
(10-02-2016)

Lord Turner warns on peer-to-peer: this is what the 'stress tests' show - Telegraph.co.uk

Telegraph.co.ukLord Turner warns on peer-to-peer: this is what the 'stress tests' showTelegraph.co.ukWhen bankers ploughed investors' money into the mortgage market before the credit crisis in 2008, they took on more and more risky borrowers. A similar spiral could conceivably happen, warned Neil Faulkner of 4thWay, a risk rating agency. There is a ...and more »
(10-02-2016)

3 Major Movers Worth Buying Today? Domino's Pizza Group PLC, Pinewood Group PLC And CPP Group Plc - AOL Money UK

3 Major Movers Worth Buying Today? Domino's Pizza Group PLC, Pinewood Group PLC And CPP Group PlcAOL Money UKBut with the credit card insurer reporting an operating profit of around £2.2m in its interim results last year, it appears to be making progress towards becoming a more financially stable and resilient business. And with a debt restructuring having ...and more »
(10-02-2016)

Will UK interest rates be on hold for another four years? - The Week UK

The Week UKWill UK interest rates be on hold for another four years?The Week UKMortgage holders will be happy at the news, while savers and others with money invested, such as those drawing down from a private pension, will continue to be hit by awful yields. This is pushing more and more institutional investors into riskier ...Who's afraid of the big bad rate rise?BBC Newsall 354 news articles »
(10-02-2016)

Money Video round-up: mortgage rates, bank accounts, energy bills and free stuff - The Independent

The IndependentMoney Video round-up: mortgage rates, bank accounts, energy bills and free stuffThe IndependentThe Bank of England has kept rates at 0.5 per cent for seven years now, but borrowers who think they're on a great low deal should think again. Complacency could mean them missing out on even better deals, with two year fixed rates on offer at less ...and more »
(10-02-2016)

How to navigate through the market storm - Hargreaves Lansdown

Hargreaves LansdownHow to navigate through the market stormHargreaves LansdownIn my view UK interest rates won't rise this year, and I wouldn't even be surprised to see the US Federal Reserve reverse its December rate rise. ... Even if you are unsure about markets, remember you can still make a contribution to your ISA or ...
(10-02-2016)

Does your fund beat its benchmark? How to use financial yardsticks to your benefit - This is Money

This is MoneyDoes your fund beat its benchmark? How to use financial yardsticks to your benefitThis is MoneyAll investment and pension funds come with a benchmark, which is normally the first and most basic yardstick people use to measure and compare their performance. Benchmarks are often straightforward market indices - the FTSE All-Share, the S&P 500 ...
(10-02-2016)

City grandee Lord Turner warns on peer-to-peer lending risks - Financial Times

Financial TimesCity grandee Lord Turner warns on peer-to-peer lending risksFinancial TimesLord Adair Turner, the former chairman of the UK financial regulator, has issued a grave warning on risks building up in the burgeoning peer-to-peer lending industry. The sector, which uses internet technology to match individual lenders ... In the US ...and more »
(10-02-2016)
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