News Archive - Articles Published during August 2008

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Final Salary Pensions 'Hit New Low'
Final Salary Pensions 'Hit New Low'26 Aug 2008  |  by Peter Wakeford
The generous schemes are continuing to close - and their scarcity is also providing employers with a way of retaining their best workers.

Britons Suffer 'Oil Theft Crime Wave' as Prices Rise
Britons Suffer 'Oil Theft Crime Wave' as Prices Rise26 Aug 2008  |  by Mark Harris
Fuel tanks are now proving tempting targets for thieves, thanks to the high wholesale cost of oil.

Britons 'Have Sympathy' For Insurance Fraudsters
Britons 'Have Sympathy' For Insurance Fraudsters26 Aug 2008  |  by Mark Harris
There is a tendancy for many people to see the fraud as a victimless crime, an upcoming ITV show reveals.

Virtual Gold-Farming a $500,000 Industry26 Aug 2008  |  by Charlotte Cardingham
A new report has revealed the true extent of this 'quasi-legal' sector that for many has become the lynchpin of virtual gaming.

Arrangement fees 'increasing sharply'
Arrangement fees 'increasing sharply'26 Aug 2008  |  by Peter Wakeford
The one-off charges have been hiked, as lenders look to their profit margins, it has been suggested.

Approvals of Home Loans 'Down 65%'
Approvals of Home Loans 'Down 65%'26 Aug 2008  |  by Peter Wakeford
Mortgage numbers are at a low - but the decline appears to have largely arrested over the past month.

MBNA Announces Minimum Payment Increases
MBNA Announces Minimum Payment Increases26 Aug 2008  |  by Peter Wakeford
The provider says that the hike in payments will get more cardholders out of debt sooner.

Reward Card Industry Has 'Work to Do'
Reward Card Industry Has 'Work to Do'26 Aug 2008  |  by Peter Wakeford
The bonus schemes' advertising is often unclear and the rewards themselves are paltry, according to Sainsbury's.

Personal Injury Claims 'To Blame' for Rising Car Insurance Costs
Personal Injury Claims 'To Blame' for Rising Car Insurance Costs27 Aug 2008  |  by Mark Harris
Everyone is paying more for their insurance due to the rise in personal injury claims, the ABI has said.

Homeowners 'Still Planning to Overpay Mortgages'
Homeowners 'Still Planning to Overpay Mortgages'27 Aug 2008  |  by Peter Wakeford
People are still looking to clear their housing debts quicker - despite the adverse economic conditions.

Broadband Connections 'On The Up'
Broadband Connections 'On The Up'27 Aug 2008  |  by Jayne Davison
Over one million more people have gone online at home over the past year, official government figures have shown.

Additional Kids' Classes 'Costing £1.7bn Per Year'
Additional Kids' Classes 'Costing £1.7bn Per Year'27 Aug 2008  |  by Peter Wakeford
Drama and sports lessons are stretching parents budgets - with just one in twenty saving any money for them.

New ISA Guidance 'Will Speed Up Transfers'
New ISA Guidance 'Will Speed Up Transfers'27 Aug 2008  |  by Peter Wakeford
The new guidelines have been jointly launched by banks, building societies and Tisa.

37% of Students Have Credit Cards, Survey Reveals
37% of Students Have Credit Cards, Survey Reveals27 Aug 2008  |  by Peter Wakeford
The average amount of money owed on the cards exceeds £220, with females in deeper debt than males.

Life Insurance Myths Revealed by New Research
Life Insurance Myths Revealed by New Research27 Aug 2008  |  by Mark Harris
People think that life insurance and critical illness cover costs more than it actually does, it has been claimed.

Government 'Turning Away From' Support for Windfall Energy Taxes
Government 'Turning Away From' Support for Windfall Energy Taxes 27 Aug 2008  |  by Jayne Davison
The chancellor is unlikely to impose the levy on energy firms - and might propose energy vouchers to help out low-income families instead.

True Cost of Childrens' Parties Revealed
True Cost of Childrens' Parties Revealed27 Aug 2008  |  by Mark Harris
Around £17 million is spent on repairing damage caused by the celebrations each year.

UK Taxpayers Bank Details Recovered from Computers Sold on Ebay27 Aug 2008  |  by Charlotte Cardingham
In two seperate instances over a million sets of bank details have been recovered from computers sold on Ebay.

Lib Dems Unveil Mortgage Rescue Scheme
Lib Dems Unveil Mortgage Rescue Scheme27 Aug 2008  |  by Peter Wakeford
Vince Cable has announced new plans to make housing more affordable - and limit repossessions.

Cash Savings 'Outperforming Investment Vehicles'
Cash Savings 'Outperforming Investment Vehicles'28 Aug 2008  |  by Peter Wakeford
A mainstream savings account would have outperformed the average unit trust over the past eight years, the BBC reports.

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