first direct is advising homeowners that using savings to offset their mortgage could leave them better off than investing in an Isa.
Research from the lender shows that over the past 10 years, putting money into an offset product could have produced a better return than investing in the tax-free Isa, with the difference amounting [...]
It has been announced today the ‘bad banks‘ of Northern Rock (NRAM) and Bradford and Bingley (B&B) are set to merge.
The move is designed to cut costs and bring greater returns for the taxpayer.
The UK Financial Investments (UKFI), the body which was set up at the height of the financial crisis to oversee taxpayers’ interests [...]
The value of the average pensions pot has plummeted 60% over the past decade, according to research by Moneyfacts.co.uk.
The financial advice site blamed a combination of poor stock market returns and plunging annuity rates.
During the same period, the average pensions income has fallen by almost three quarters.
The pensions income of a male who has contributed [...]
Ethical investment funds have lagged behind the performance of conventional funds over the past 12 months, falling by an average of 16.7%
Only three out of 60 ethical funds posted a positive return in the past year, research by Investment Life and Pensions Moneyfacts discovered.
Looking back over three years presents an equally gloomy picture, with ethical [...]