SIPPs: Are SIPP deposit accounts covered by the Financial Services Compensation Scheme?

Are SIPP deposit accounts covered by the Financial Services Compensation SchemeAfter the credit crunch, the run on the Northern Rock and the instability of other financial institutions savers have understandably become more concerned about the security of their savings accounts. Go into almost any bank or building society, or indeed visit their website, and there are at pains to point out that savings held with them are secure; often pointing savers to the Financial Services Compensation ...

Consumers prepared to take less risk with their cash than their health

Consumers prepared to take less risk with their cash than their healthMost of us know how important it is to carefully asses the risk of any investment before handing over out hard earned cash. But new figures reveal how much risk we are prepared to take with our money compared to other areas of our lives. The research, conducted by the Financial Services Compensation Scheme (FSCS) and unveiled at the same time as they launch the second stage of their ...

Rate of inflation falls again, although a rise may be round the corner

Rate of inflation falls again, although a rise may be round the cornerThe rate of inflation slowed again in September, although some experts are now predicting that last month marks the bottom of the current cycle, and we can expect prices to rise more quickly in months to come. The Consumer Prices Index (CPI) fell to 2.2% in September from 2.5% in August. The CPI measure of inflation is now at its lowest rate since September 2009 and close to the ...