Money Saving News for February 2010
- Aviva cuts initial commission after changing personal pension plan schemes for RDR - 5th February, 2010
An insurance firm has decided to cut initial commission on its stakeholder pensions by nearly a quarter after revamping its personal pension plan scheme and income in preparation for the retail distribution review (RDR).
Aviva, the world's fifth largest insurer, has announced that it will reduce its stakeholder pension from a maximum of 3.36 per cent to 2.52 per cent... - Moneyfacts.co.uk's loan information numbers suggest mortgage market is to continue recovery - 4th February, 2010
The latest loan information figures from moneyfacts.co.uk have revealed that the UK's mortgage market is set to continue its steady recovery this year.
According to the website, the number of home loans available since the start of 2010 has increased by 20 per cent... - Lovemoney.com expert endorses the Barclaycard balance transfer credit card - 4th February, 2010
A personal finance expert has advised Britons to consider taking out the new balance transfer credit card from Barclays.
Jane Baker of lovemoney.com has insisted that the bank's zero per cent balance transfer credit card could help consumers to ease their debt burden... - Standard Life unveils new personal pension product - 3rd February, 2010
Standard Life has launched a new personal pension plan, which is specifically targeted at young people, with an eight-week television advertising drive on a digital channel.
The Scottish insurance firm is placing adverts on Dave TV as part of a £2 million national campaign which targets people who have yet to properly consider their financial future... - Standard Life announces strong performance of its SIPP pensions - 3rd February, 2010
Standard Life Insurance has revealed that life and pensions sales fell by 10.6 per cent to £10.1 billion last year, however, these figures were counteracted by strong performances from its self-invested personal pension (SIPP) and wrap businesses.
The company has attributed the drop in life and pensions sales to poor market conditions in the UK... - Moneysupermarket.com warns of inflated energy bill costs - 3rd February, 2010
The website has warned consumers to expect an expensive energy bill because of the recent cold weather.
Britons are bracing themselves for their highest winter heating bills ever after the cold snap bloated quarterly energy costs by as much as 20 per cent, new research has revealed... - Loan information adviser issues warning to consumers - 2nd February, 2010
A loan information expert has advised consumers to complete loan applications by providing as much detail as possible, the Independent reports.
Kate Murphy of loan information website moneysupermarket.com, explained that lenders could decline a loan application on the strength of discrepancies in the paperwork... - Lovemoney claims all-in-one card is a good alternative to balance transfer credit cards - 2nd February, 2010
Britons have been advised by lovemoney.com to find a credit card that provides interest-free and balance transfer credit card benefits.
The website states that the 'all in one' card is becoming more widely available in the UK... - Bank of England loan information figures reveal fall in homebuyer loans - 2nd February, 2010
The latest loan information figures from the Bank of England have found that the number of loans made to homebuyers fell in December, the first drop in more than a year, the Times reports.
It has been revealed that mortgage approval rates declined in the last month of the year, though the fall came against the expectations of most housing market experts... - Moneyfacts.co.uk's latest loan information shows personal rates have struck recent high - 1st February, 2010
An independent provider of loan information has revealed that personal loan rates have reached a nine-year high.
Moneyfacts.co.uk has claimed that uncertainty surrounding debt repayments has caused unsecured personal loans to witness some of the steepest increases in the lending market...