Articles about FSCS (0-12 of 12)

  • Claim Management Firms Find 12 Million Pound Ppi Payout
    By: Sam Hopkins | - It has been declared that about 12 million pound to be paid to the people under the shelter net for those who have been convinced and provided with the PPI through unethical behaviour would meet with end by the next year 2013. A record 16,400 objections regarding the unethical trading of PPI by some companies which have since disappeared insolvent are put to be made in year 2013. This will prove beneficial for the betterment for the countrys economy to hold a bit.
    The customer protecti ...

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  • Excellent Uk Offset Mortgage Offers
    By: roy ko Richardson | - Rates of interest on deposits are pitifully low at the present time. However, there is one way you can still put your money to work: get an offset mortgage. This product links a personal savings account to your mortgage loan and offsets both of them. The objective is so that you can decrease the amount of your mortgage loan on which you pay interest. One example is, if you have a 100,000 mortgage as well as 20,000 in savings held separately you pay interest on 100,000 at your mortgage rate ...
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  • Are Joint Life Insurance Policies Helpful?
    By: fritzonline63 | - Ask this question of a person and they are in all likelihood going to answer in the negative. They hold the viewpoint that joint life insurance policies aren't helpful at all. These are people that feel single policies are better. They literally hold an viewpoint that can't be disregarded. They would have their circumstances for saying what they did along with circumstances to justify their thinking. though the fact is that joint insurance is a better choice when it comes to insuring two people ...
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  • Sfia Independent Financial Advisers
    By: Colin Sanders | - In the UK, there are three main classes of financial adviser: tied advisers working for one financial institution, multi-tied advisers offering products from a selection of the market and Independent Financial Advisers.

    Independent Financial Advisers (IFAs) are professionals who offer independent advice on financial matters to their clients and recommend suitable financial products from the whole of the marketplace. The FSA, the regulator for Financial Services, are strongly steeri ...

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  • New Site Free Senior Citizens Solutions For Usefull Information On Elderly Lifestyle & Issues
    By: Freescs | - 'By Baby BoomersFor Baby Boomers' 'Yesterday's just a memory, tomorrow is never what it's supposed to be' - Bob Dylan We cared for each other as a group. We also protested as a group. Moreover, we as a group were held responsible for revolutionized world. This is a union effort. Make our generation the most informed union to stay in touch with the present and join our unity. Should any weakness stop us now? Let's come in unity in unity, to make a change in the world one more time. We pres ...
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  • Top Savings Rates From Uk Banks And Building Societies
    By: Musketeer | - High Paying Savings Accounts to beat inflation
    The latest UK retail price index in June 2009 shows an inflation rate of -1.6% so currently the outlook for savers is looking up as over the last few weeks the highest savings rates available on savings accounts has shot up.
    With UK interest rates held at 0.5% by the Bank of England at the last monetary meeting it shows how keen the banks and building societies are for you savings accounts as rates as high as 5% are currently available o ...

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  • Measuring Bank And Building Society Safety
    By: Anjitha Sakthidharan | - The price of the Credit Default Swaps (CDS) is one of the many reliable benchmarks for measuring a banking institutions safety. A CDS is meant to protect the creditors in case a financial institute collapses. The CDS is priced differently for each company and as a percentage of the value of the debt to be insured. Five-year contracts are regarded as the benchmark and like other financial instruments CDS are traded so the price is constantly moving.

    The building societies designed ...

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  • A Guide To Saving Safely With Uk Banks And Building Societies
    By: Anjitha Sakthidharan | - Due to the ongoing economic slowdown and the near-collapse of a few banks in the UK it is quite natural for savers to worry about the extent to which their savings are covered by the Financial Services Compensation Scheme.

    Compensation from banks

    Initially the savings were covered up to GBP35000 until 7 October 2008. After this the limit was raised to GBP50000 provided they are not all held with the same savings institution. Simultaneously the limit on joint accoun ...

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  • Financial Crisis Smart Money Guide
    By: Stefan Taylor | - Where Should You Put Your Money?

    The credit crunch is on everyones lips, and for many families and businesses, times are getting hard. There has been a great degree of uncertainty throughout 2008, but when the Lehman Brothers investment bank collapse in early September, people quickly realised that the credit crunch was far from over. In fact, things got even worse in the aftermath. The banking system now looks in a worrying state; with an almost complete stop on inter ba ...

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  • A Summary Of The Icelandic Banking Debacle
    By: Stefan Taylor | - Since the collapse of the American investment banks Lehman Brothers at the start of September, the world economic crisis has leapt to the forefront of most peoples minds. Perhaps what was most worrying in the weeks following this event was the collapse of the Icelandic banking system, in which hundreds of thousands of British savers had invested money. As the dust settles, its now clear that savers will get their money back, but the past few months have been nervy times for many. ...
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  • How To Get The Best Possible Interest Rates On Your Savings
    By: Peter Noppen | - Do you have any idea how much interest you receive on your savings at your bank? Probably not! Most people are banking at the same bank their whole life and continue to do so without asking themselves if their bank is the right one.

    We compare almost everything in our lives, especially before purchasing expensive items. This is, without any doubt, the smartest thing to do and after some research you can save yourself quite some money on many occasions.

    When it inv ...

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  • How Safe Is Your Money? - Your Guide To Protection
    By: Ray Prince | - My goodness what a rollercoaster it has been recently!

    It seems that not a day goes by without more gloom. A bank goes bust or is rescued, an insurance company is swallowed up by another or is nationalised.

    It is in times like these that people quite naturally get very worried and want to make sure that they are protected.

    Let's look at cash deposit savings.

    What are the rules and what protection do you have?

    Where should ...

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