Banking and Financial News

• UK consumers "fall victim" to scams - 01/02/2008
  Mass-marketed scams cost consumers some £3.5 billion annually, according to the Office of Fair Trading (OFT).
  

• Car insurance could be affected by seatbelts - 31/01/2008
  LV= has indicated that drivers' insurance claims will be reduced if not wearing a seatbelt.
  

• IVA regulation 'will increase confidence' - 31/01/2008
  Price comparison website moneysupermarket.com has responded to the introduction of voluntary regulation for providers of individual voluntary arrangements (IVAs) indicating that the guidelines would boost confidence in the market.
  

• Abbey launches eBond for savers - 31/01/2008
  Abbey has launched a new six-month eBond that pays up to 6.71 per cent annual equivalent rate (AER).
  

• Equifax comments on negative credit rating factors - 31/01/2008
  Equifax has advised young consumers to make sure they appear on the electoral register, so as to avoid a negative credit rating.
  

• Regulation 'driving' green investment - 31/01/2008
  Environmentally-friendly investment is being driven by government regulation, one industry member has noted.
  

• Student loans may not hamper potential FTBs, says expert - 30/01/2008
  Suggestions that student loans will affect graduates' abilities to get a mortgage have been exaggerated, the chief executive of Firstrung says.
  

• Hips 'will reduce broken property chains' - 30/01/2008
  Home information packs (Hips) will reduce the number of broken property chains because they discourage speculative marketing, according to AA Legal Services.
  

• Abbey: Shop around and improve financial fitness - 30/01/2008
  Abbey has advised consumers to have a thorough shop around for the right products to improve their "financial fitness".
  

• Sheilas' Wheels unveils women's home insurance - 30/01/2008
  Women's motor insurance company Shelias' Wheels is planning its move into the home with innovative insurance cover.
  

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