by Richard | Feb 28, 2020 | Archive
http://www.bbc.co.uk/news/business-16215629rnrnPlease read this interesting article on the BBC News website and see our comments below. rnrnThe Wexdon CommentrnrnGiven the track record of the FSA the use of the term common sense always makes me laugh. From speaking...
by Richard | Feb 28, 2020 | Archive
Some of my clients have expressed frustration with the poor rates of return from savings accounts. Whilst corporate bonds are higher risk, there are low risk funds which have a track record of having a superior yield over the last 3 and 5 years compared with cash...
by Richard | Feb 28, 2020 | Archive
I was very pleased to read the following article http://www.moneymarketing.co.uk/regulation/lloyds-to-clawback-senior-exec-bonuses-over-ppi-misselling/1046436.article the PPI scandal shows yet again the Banks are not fit for purpose in complying with the law and...
by Richard | Feb 28, 2020 | Archive
According to the following article http://www.moneymarketing.co.uk/pensions/ons-stats-confirm-isas-more-popular-than-pensions/1047078.article UK savers saved more in stocks and shares ISAs than pensions in the previous tax year. This is a very sad state of affairs. I...
by Richard | Feb 28, 2020 | Archive
I have banged on for years against the Banks and customers taking complaints to the Financial Ombudsman’s Service. The following article gives some very interesting statistics on which institutions have the worst statistics....
by Richard | Feb 28, 2020 | Archive
I laughed when I read this paragraph: ‘The FOS is funded by a mixture of case fees and an industry levy. It is currently consulting on introducing a supplementary case fee from April of £350, on top of the standard case fee of £500, for each PPI complaint where...