Archive for the 'Insurance' Category

09 Mar

Owners will have to insure their dogs

They may also be required by law to have a microchip implanted on their pet under Government plans to curb the use of dangerous dogs.
Another measure being considered is the use of Dog Control Notices for misbehaving animals - known as 'Dogbos'.
They would allow police officers and council officials to force miscreant owners to [...]

08 Mar

Complaints against bailed-out banks soar

Royal Bank of Scotland and Lloyds Banking Group have seen a huge increase in complaints about overcharging, hikes in credit card rates and mis-sold insurance policies, according to figures from the independent Financial Ombudsman Service.
The taxpayer owns 41% of Lloyds Banking Group after pumping in £23bn, and 84% of RBS after putting in £45.5bn.
The [...]

27 Feb

Is it worth getting a second job?

Figures published earlier this month indicate that there are 2.8m workers who have been put on short-time working or have had their overtime cut, and many are trying to make up the shortfall.
Kate Philip, a chartered financial planner with adviser Independent Women in Edinburgh, says: 'We are seeing more clients with [...]

27 Feb

Will I get my money back from Lifemark?

Financial Mail has learnt that a 'severe shortfall' is predicted between the sum savers poured in - and which it is supposed to return, plus interest, at the end of a fixed term - and the value of the company's assets.
It is expected that investors who receive regular income will cease to get [...]

17 Feb

The UK’s uninsured driver hotspots

Listed below are the ten areas with the highest proportion of uninsured driver convictions. With uninsured driver accidents becoming an increasingly big problem for both motorists and insurers, price comparison website Moneysupermarket.com analysed almost 3 million car insurance quotes over a year and identified the places with the highest convictions. [...]

17 Feb

Tax code chaos was hidden by HMRC

›› HOW TO CHECK AND CORRECT YOUR TAX CODE
Our investigation discovered:
• Minutes of two meetings in September 2009 showing that HMRC knew of problems with the £140m computer system. Despite this, it pressed ahead with issuing Coding Notices and, crucially, failed to warn taxpayers or employers' payroll departments;
• HMRC has made at [...]

16 Feb

How to make the most of a cash Isa

An interest rate of 2.5% in a cash Isa is the same as earning 3.12% before tax in any other account.
In fact, higher-rate taxpayers would need to get 4.16% to match this in any other savings account, because they have to pay extra tax on their interest.
There are hundreds of cash Isas at banks [...]

10 Feb

Travel insurance for over-65s

For example, some providers – often those used by travel agents –simply impose an age limit and refuse to cover those over 65. Some insurers no longer offer multi-trip annual cover to older travellers, thus excluding them from the cheapest option.
Other providers may offer cover, but at much higher premiums – typically 60% more [...]

02 Feb

Get 90% off insurance for 8 years no-claims

Currently the majority of claims discounts end after five years and the average discount on offer is 65%. AXA's new policy looks set to reward safer, more experienced drivers with a hefty discount on their premiums after eight years of no-claims driving. The new product launch comes at a time when [...]

27 Jan

Cost of insuring cars and homes spirals

Car insurance premiums, which have been rising at record rates over the past year, took their biggest ever upward jump during the last three months of 2009. The average quoted premium for comprehensive car insurance has risen by over 18% during the past year, and rose by more than 7% between October and [...]

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