Young families are increasingly unprepared financially should problems such as unemployment or long-term illness arise, findings from a new poll indicate – suggesting that difficulties with debt could become an issue for many. As part of its Financial Planning Week…
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People in the UK ought to be making provisions to safeguard against the financial implications of death, it has been suggested. Mark Howes, Sun Life Direct’s managing director, emphasised the importance of ensuring against monetary difficulties that can be caused…
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A new scheme, the online pension calculator, has been initiated by the Financial Services Authority (FSA) and the Association of British Insurers in an attempt to help people plan for their retirements – and possibly prevent them from falling into…
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A new initiative has been launched by a monetary education charity in an attempt to teach students about money management – which could go some way in preventing them from incurring large debts while in higher education. During September, The…
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When it comes to purchasing new financial products, people should explore all avenues available to them, an industry expert has recommended – advice which could help those in debt improve their monetary situations. A lot of banks often promote offers…
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High street banks need to be clearer regarding the amount they are charging people for actions such as going overdrawn without permission, an industry expert has suggested, following the decision by two lenders to reduce their fees. According to Andrew…
People struggling with debt management and making payments on loans and mortgages need to ensure that they contact their lenders regarding this as soon as possible, to prevent any further difficulties, it has been suggested. According to Michael Coogan, the…
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People suffering from money troubles should set themselves saving goals as one way of motivating themselves and perhaps clearing some of their debts, it has been suggested. Nick Cann, the chief executive for the Institute of Financial Planning (IFP), emphasised…
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