Ghosts in the money machine
Article Abstract:
Those who suffer a financial disaster can be left to deal with the repercussions of that disaster for many years. It is not uncommon, for example, for mortgage lenders in the UK to seek to recover shortfalls on negative equity from borrowers five or six years after a property has been repossessed. In some cases, financial disaster can result from bureaucratic error, which can cause serious problems with apparently very simple transactions. Insurance companies and other financial institutions can sometimes create a very poor impression through simple incompetence.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Put your trust in Peps
Article Abstract:
A Personal Equity Plan (PEP) offers an efficient way of ensuring that unit trust savings are protected from being taxed, but many savers are failing to take up this opportunity. It is possible to invest up to 6,000 pounds sterling a year in a PEP, making this investment product very suitable for the average unit trust investor, who has a holding of only 4,649 pounds sterling. Failing to buy trusts through a PEP, rather than directly, means that the investor unnecessarily pays income and capital gains tax on savings.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
We have ways of making you buy
Article Abstract:
Finance advertisers spent more than 200 million pounds sterling on television advertising in the UK in 1997, with the financial sector accounting for 6% of all television advertising revenue. Financial services companies have become very experienced in appealing directly to ordinary people, particularly in terms of linking responsibility for children with responsibility for financial matters. They are also seeking to make their advertising appeal more directly to women.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Lost in the translation. Best of British. How would-be solicitors are selling themselves
- Abstracts: You've got to accentuate the positive. If he cant's spring you, nobody can
- Abstracts: Howling across the borderline. As though he had wings. Welcome to the Dreadzone
- Abstracts: Let's keep our eyes on the Swedes. We're crying too much over spilt oil. Big is no longer beautiful
- Abstracts: C list makes the A grade. Goodbye to all that paper. Nasty, brutish and short