The sell-off of Northern Rock, which looks set to occur following acceptance of restructuring plans by the European Commission, has been applauded as being “good for consumers”. So the head of personal finance at lovemoney.com Ed Bowsher has said, observing…
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Britons’ lifetime sentences of debt stand to be reduced as a result of changes to credit and store card regulations suggested by the government. This is the opinion of price comparison website Moneysupermarket.com, which found following an analysis of the…
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Borrowers are turning away from fixed-rate mortgages because they think they are too expensive, it has been suggested. Responding to figures from John Charcol revealing that such products declined in popularity in September – with variable rates covering almost two-thirds…
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The Treasury Select Committee has been called upon by the managing director of a price comparison site to work at increasing transparency in the credit search market, following research by the company revealing consumer ignorance of industry operations. Toby Van…
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Some debtors in the UK may find themselves at a disadvantage if the Financial Services Authority’s Retail Distribution Review (RDR)’s proposals are implemented in 2012, it has been suggested. While insurance group Aviva believes that rules such as the separation…
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The proposed changes to the pension credit system, due to come in on November 2nd, may be of some assistance to those aged 60 and over who are eligible for pension credit, according to equity release specialist Key Retirement Solutions.…
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New proposals have been set out by the government to help regulate the credit industry so as to ensure that consumers are better protected and treated fairly. A consultation document to that effect has been published today (October 27th), detailing…
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In-tertaining, or consuming paid-for entertainment activities within the home, may be of benefit to debtors trying to save, as new research has revealed that such pursuits can significantly reduce expenditure. According to the study by Abbey, £3.9 billion – or…
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