Insurance fraud in the UK is on the increase. The Association of British Insurers (ABI) has revealed that in 2011 insurers exposed 139,000 fraudulent insurance claims – at a value of almost £1 billion. That’s a 5% rise in dodgy claims compared to 2010. The ABI also released some of its more ridiculous claims stories,…
Buy-to-let suffered a more pronounced low than the mainstream mortgage market in 2009, as the full impact of the financial crisis revealed itself. But now it seems that the sector is making something of a comeback. This week, moneyfacts.co.uk released figures that revealed that the number of buy-to-let mortgages available had precisely doubled from 243…
From 1 November, parents will be able to put money into a Junior ISA for their child. The scheme excludes all those children who have a Child Trust Fund – or CTF (if your child was born between September 2002 and January 2011 they will have a CTF). Junior ISAs have launched with less of…
After another month of market mayhem, most investors are surely thinking about putting their money under the mattress. Few pension pots and investments, if any, will have escaped unscathed, with the losses totalling up into the billions. So what if there was a type of fund which said it would deliver you a positive return,…
Perhaps it’s because I work in financial services. Maybe it’s because I can’t abide not getting the best deal. But I think it’s absolutely bonkers that more people don’t try to get the best income they can in retirement. I mean, why wouldn’t you shop around? You’re not penalised for doing so and it’s a…