Personal finance
A lengthy investigation by Allied Dunbar into the activities of one of its top salesmen, David Ascough, has revealed that he teamed up with a former police inspector, Colin Milner, to allegedly mis-sell pensions and other investment plans to as many as 500 people. The duo, which included Ascough, a
Personal finance
Pension planning has taken a hit in recent years, following high-profile scandals in personal pension plans and employers' schemes. However, for the average person, a pension should be a top investment priority. With property no longer considered an investment, some argue that pension planning should have equal, if not
Personal finance
More than 2 million employees who took out personal pensions in place of company schemes since 1988 may be left without adequate compensation, according to pension specialists. The Securities and Investments Board's order for insurance companies to review high-priority cases could total up to £2 billion, but it
Personal finance
Privilege Insurance, a new direct insurance company launched by PETER WOOD, founder of Direct Line, is set to provide competitive quotes for Britain's 6 million non-standard-risk drivers. This includes those in unusual occupations and with fast, expensive cars. Privilege will be the first direct insurer to target this
Personal finance
Thousands of former servicemen and women are believed to be missing out on millions of pounds in war pensions, with some losing up to £100 a week. The Royal British Legion has launched a campaign to raise awareness of the benefits and encourage them to apply. Anyone who was injured
Personal finance
The government has been championing personal responsibility for pension savings, but the reality for millions of people in company pension schemes is far more complicated. With nearly 11 million people relying on company pension schemes compared to about 4 million personal pension holders, the role of Additional Voluntary Contributions (AVCs)
Personal finance
Parents seeking to save for their children's post-secondary education face a multitude of challenges, including rising tuition fees and decreased government funding. One strategy to mitigate these difficulties is through the use of Registered Education Savings Plans (RESPs). Specifically, a group RESP can be set up through a
Personal finance
Canadians with U.S.-based stocks, bonds, or real estate will see significant tax benefits from a new protocol to the tax treaty between the two countries, set to become law in the near future. This development will primarily affect snowbirds and Canadians living in the United States, who will
Personal finance
Walt Disney Co. has experienced a remarkable transformation over the past year, largely driven by the success of its animated movies, particularly "The Lion King," and the recovery of its Euro Disney theme park. Despite initial concerns over the park's performance, Disney's stock has
Personal finance
The European Court's decision in the Barber judgment of May 1990 established that pensions are pay and that different pension ages for men and women constitute sex discrimination, requiring employers to equalize pension ages for both sexes. As a result, the Department of Social Security (DSS) agreed to
Personal finance
Yesterday's rulings by the European Court have brought significant improvements to the lives of part-time workers in the UK. The court's decisions have clarified that part-time employees are entitled to the same benefits as their full-time colleagues in occupational pension schemes, including the right to claim
Personal finance
Conservative strategies can enhance a stock portfolio's earnings or protect against stock-price declines. For some investors, stock options are the answer, offering a way to buy or sell specific stocks at set prices during certain time periods. The article explains the concept of call options, which grant the
