Only a Quarter of Eligible Couples Claim Marriage Tax Perk

In April 2015, the Government introduced a marriage tax allowance that they hoped would incentivise marriage. However, the HMRC say that only a quarter of those eligible for the tax break are bothering to claim it. What is it? The Marriage allowance is a caveat which allows a person to transfer part of their tax-free [...]

By | 2017-03-31T13:42:19+00:00 October 20th, 2016|news|Comments Off on Only a Quarter of Eligible Couples Claim Marriage Tax Perk

UK Loses £10.9bn to Online Fraud Annually

Cyber crime is a huge problem, not just in the UK but all over the world. Today the cost of online fraud in the UK was revealed to be a massive £10.9bn, in a survey conducted by the National Fraud Intelligence Bureau. In a more shocking turn, the NFIB revealed that these figures were based [...]

By | 2017-03-31T13:42:20+00:00 October 18th, 2016|news|Comments Off on UK Loses £10.9bn to Online Fraud Annually

New Scheme to Tackle Train Delays

The Department of Transport is set to launch the ‘Delay Repay’ scheme to tackle rail delays. Under current laws, a person can only claim compensation if a train has been delayed for 30 minutes are more. With the introduction of this scheme, this time will be cut to 15 minutes. Compensation thresholds will be set, [...]

By | 2017-03-31T13:42:20+00:00 October 13th, 2016|news|Comments Off on New Scheme to Tackle Train Delays

Fuel Prices Set to Rise as Pound Drops

Motorists could be about to face a steep rise in fuel costs, thanks to the combination of a few hard-hitting factors. After the PM’s announcement that Article 50 will be triggered in the near future, the value of the pound took a swift dive. There were reports yesterday that some airports had even begun exchanging [...]

By | 2017-03-31T13:42:20+00:00 October 11th, 2016|news|Comments Off on Fuel Prices Set to Rise as Pound Drops

Limited Advice Available for Pension Savers

Every year thousands of pensioners retire, only to be left without proper guidance on how to provide an income for retirement. In a recent survey by the Trade Union Commission, it was estimated that more than 300,000 were left to their own devices with no advice on how to proceed financially during their retirement. Lack [...]

By | 2016-10-06T11:20:27+00:00 October 6th, 2016|news|Comments Off on Limited Advice Available for Pension Savers

Protect Yourself Against Scammers

Those who have been following us on social media will know that we’ve been sharing a lot of content related to scammers this week. Recent figures released earlier in the week have had us shocked. It emerged that a person in the UK was scammed every 15 seconds in the first half of 2016. It [...]

By | 2017-03-31T13:42:20+00:00 September 23rd, 2016|news|Comments Off on Protect Yourself Against Scammers

CFO Lending to Pay Back £35 million to Customers

There has been a steady string of fines by the FCA in their attempt to clamp down on the shortcomings of payday lenders. Among the most prominent to feel their wrath are Wonga, Dollar Financial UK and CashEuroNet. Now, CFO Lending has become the latest firm to be issued a directive to refund unfairly treated [...]

By | 2017-03-31T13:42:20+00:00 September 21st, 2016|news|Comments Off on CFO Lending to Pay Back £35 million to Customers

Pensions Inquiry widened by MPs

Following the recent BHS pensions scandal, MPs have now widened the pension’s inquiry to include a general study of defined benefit pensions. The aim is to aid the Pensions Regulator in more effectively monitoring and sanctioning those who intend on shirking their pension responsibilities. However, the regulator has stressed that businesses which are run in [...]

By | 2017-03-31T13:42:20+00:00 August 8th, 2016|news|Comments Off on Pensions Inquiry widened by MPs

Credit Cards Companies Must Do More to Tackle Debt

According to the UK’s financial regular, the FCA, credit card companies are not doing enough to help tackle persistent debt. This comes after the release of the regulator’s final report on the UK credit market. It claims that in the last 3 years, 1.4 million UK citizens have paid minimal repayments on their credit cards. [...]

By | 2017-03-31T13:42:20+00:00 July 26th, 2016|news|Comments Off on Credit Cards Companies Must Do More to Tackle Debt
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