Junior ISA plans announced

ISA accounts for children to be introduced this November. Child Trust Funds have been scrapped but Junior ISAs will act as a high street alternative. Junior ISA accounts for children will be launched on 1 November under new government proposals. The tax-free accounts will be launched this autumn following the news, revealed last year, that the government was considering the creation of an investment scheme to replace Child Trust Funds (CTF).

One in three Brits don’t have rainy day savings

Extra costs that arise out of the blue cannot be paid for by people who have little in the way of savings. Credit cards, loans and family members are relied upon to finance unexpected living costs. A third of Britons do not have enough cash set aside for emergencies, leaving them struggling to pay for unexpected bills, according to a survey carried out by gocompare.com. The comparison website found that unforseen utility bills, car maintenance costs and dental work could leave many people in dire financial straits.

An evening of wine tasting and investment chat with Justin Urquhart Stewart 24th May 2011

After our successful morning with Mike Southon, which raised approximately £1,000 for Childline, we are delighted to bring you our next event, an evening of wine tasting in the company of Justin Urquhart Stewart of Seven Investment Management. Justin will take a sideways look at the world of investments as only he can. Whilst listening to Justin you will also get to taste some fine wines carefully selected for the event by Mary Trease of Weavers. The evening will take place in Weavers very own Georgian house on Castle Gate in Nottingham.  Why should ...

Savers failing to switch ISA accounts once teaser rate expires

Many ISA products with introductory interest rate offers draw in savers but the majority of consumers do not switch to another account later down the line. Consumers are attracted by temporary ISA offers promising a valuable return. ISA savers who fail to switch to accounts with better interest rates are not making the most of their saved cash, according to a consumer watchdog. A poll carried out by Consumer Focus found that two thirds of people who opened a cash ISA account on an introductory bonus rate did not move their money to another account once the teaser rate came to an end.