Banking
No such thing as ‘free...
The notion that British consumers benefit from ‘free in credit banking’ is a misnomer, according tothe Treasury Select Committee. The Daily Telegraph reports that whilst a minority of cons...
Junior ISAs promise a tax-fr...
Parents can build a tax-free nest egg for when children reach 18-years-old with anew junior ISA. The proposed ISA will be open to around six million children from November 1. Parents run the account t...
Almost 1 million complaints...
The number of complaints against British banks almost reached the million mark in the second sixmonths of 2010, according to new figures from the Financial Services Authority. Poor service andbad advi...
‘Junior ISA’ to...
A new savings scheme designed to help adults save for their children is to be launched in the UK from November 2011. The Junior ISA is set to have an annual allowance of £3,000 but, in a keydiff...