February 2004 Archive
Alitalia chief resigns
The chief executive of airline Alitalia has resigned at the government's request. |
Pension incentives to retire later have "little impact"
Research has warned that attempts to encourage people to put off retirement by offering them higher state pensions will not work. |
Smokers could make £21,000 by switching to saving habit
A study has revealed that if smokers invested their cigarette money into an ISA, they would be £20,800 better off in ten years. |
Legal & General offer guaranteed return of 22 per cent
Today Legal & General have launched a new capital protection product, guaranteeing at least 22 per cent return over six years. |
Simpler is better for stakeholder pensions, say B&CE
B&CE has seen a huge increase in uptake of its stakeholder pension scheme after it simplified it. |
Banks criticised for lack of online accessibility
A new report by a national computing and disability charity has criticised UK online banks for not providing at least minimum accessibility standards. |
Continued lending could lead to mortgage rises
New figures have revealed that February saw no drop in the spiraling levels of consumer debt. |
House prices predicted to slump
Analysts have predicted a massive downturn in house prices later this year. |
F&C Pacific pays dividend early
The F&C Pacific Investment Trust Board will make a special dividend payment on April 2nd instead of a final payment. |
Fastest rise in house prices in two years
UK house prices have risen by 3.1 per cent during February, a new survey has revealed. |
Credit card customers wise up
Bank customers are becoming wiser when it comes to borrowing, new figures suggest. |
Consumers to be "better equipped" over financial advice
The FSA have today launched proposals to provide a clearer picture of the cost of financial advice. |
Mortgage activity slows
New figures revealing a slowdown in mortgage redemptions during January have been published by the British Bankers' Association. |
Bonuses and payouts cut at insurers
Two UK insurance giants have cut annual bonuses and final payouts for some policy holders. |
Banks told to be more open over interest charges
The Office of Fair Trading has warned banks to make its policy on interest charges clearer to customers. |
Investec raises rates on savings accounts
Investec Private Bank has announced an across the board increase in savings rates. |
Best buy Premium Bonds in Sunderland, if you want to win
Sunderland is the UK's luckiest city for Premium Bond wins according to new figures. |
Government to be lobbied over 'lost' pensions
Two trade unions are to lobby the government to raise the profile of those workers whose pensions are made worthless. |
Minister pushes "pension health check-ups"
The pensions minister has announced that the one millionth "combined pension forecast" has been issued. |
Consumers told to shop around for car finance
People buying new cars have been warned that they are wasting money on expensive car finance deals. |
Government accused of being unable to fulfill pension promises
The government has been accused of not being realistic in its promise to protect private pensions. |
HSBC offers "Muslim mortgage"
A branch of high street bank HSBC is to offer a new type of mortgage that adheres to Islamic law, to help Muslim customers buy houses. |
AA highlights "big savings" to be made on finance as well as cars
The AA has highlighted the "big savings" that can be made by car buyers who shop around for car finance. |
DTI acts to protect mortgage holders
Two London property companies have been closed after offering unsuitable mortgage deals. |
ISAs drop in popularity at turn of year
Less money was invested in ISAs in January than December, new figures have revealed. |
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