7 golden rules of investing

7 golden rules of investing 150pxIn the week when economists at the Royal Bank of Scotland advised investors to sell equities (stocks and shares) and predicted global meltdown, we thought we would take a look at some of the key rules of investing. Before we do though, the term “investing” or “investor” conjures images of middle aged men in pin stripped suits and red braces. But don’t be fooled, whether it’s your pension at work, a private pension or the ISA you put some money into years ago, you are almost ...

RBS: Investors launch stinging attack

RBSInvestors have launched a stinging attack on the Royal Bank of Scotland (RBS) an action group has confirmed. Compensation A large group of investors of around 12,000 people have launched a stunning attack on RBS, which is set to cost the bank around £3.5 billion in compensation. Among the group of wealthy investors, 90 institutions are also suing the bank; these include charities, churches and private client brokers. The collection of investors believe they were lied to, to cover up the overall financial health of the bank before it ...

Mortgages: University debt hits first time buyers

New research has shown just how hard graduate, first time buyers, are hit by the debts built up during their years at university. New figures from the Royal Bank of Scotland (RBS), have shown that not only will first time buyers with student debt, find it harder to save for a deposit,  the loans will also impact on the size of mortgage they can afford to repay. Harder to save for a house deposit The figures from RBS show that student loan repayments will eat up 7% of the disposable income available to a graduate first time buyer, after essential bills are paid....

SIPPs: RBS launch new SIPP deposit account rates

SIPPs: RBS launch new SIPP deposit account ratesRBS has today launched a range of new fixed rate SIPP deposit accounts. The accounts will be available from today, with a closing date of 28th September 2012, although all applications need to be with RBS by 19th September. The new rates include two accounts which allow early access and one which cannot be closed early. The rates are as follows: Name of account Maturity date Interest rate (quoted gross pa) Early access General Fixed Rate Deposit (6 month) 8th ...