The right time to borrow is definitely when interest rates are at their lowest, so if you have a credit card don’t rush to pay off your balance just yet, especially if you have money in the bank that means you are able to. If you are in this situation it means you are at […]
The auto-enrolment process introduced by the government for pensions has a 95% compliance rate from small businesses. The auto-enrolment scheme was meant to encourage people to save for their retirement rather than rely on state benefits, which are less than adequate for the average Brit. As 66% of employees are reported to have signed up […]
Following on from the previous article, one thing not to rely on to supplement your pension savings is money tied up in property. Whilst property is a good long-term investment in most cases, you still need to be aware of the risks of holding such a direct investment. Unlike other investments, your money really is […]
Fraudsters are spamming out fake British Gas utility bill emails that link to a virus that takes over victims computers. Action Fraud has received hundreds of reports of these emails cleverly designed to look like a seamlessly harmless utility bill. The emails entitled “Your summer gas & electricity bill” contain links that take people to […]
Ever wonder what happened to that pension you paid into thirty years ago? Well, the Department for Work and Pensions has decided it’s time to find out, and have been working with the Pension Tracing Service to launch a website to help people track down their old pension policies. Taking into consideration the demands of […]
Share sale, boiler room, hedge fund or bond fraud involves bogus stockbrokers, usually based overseas, cold calling people to pressure them into buying shares that promise high returns. In reality, the shares are either worthless or non-existent. You are usually contacted out of the blue by a professional-sounding stockbroker who offers you investment opportunities that […]
