Government emphasis on increasing long-term savings has taken another blow with publication of a new survey by the British Medical Association suggesting the average level of final-year student debt is now in excess of £20,000 for those on five-year courses....
Serious debt problems among young adults could be avoided if staff who work directly with vulnerable 16-25 year-olds are given financial skills training, says Citizens Advice.
IFAs need to tell their clients to keep an eye on their credit files in light of the escalating problem of student debt, as it could affect their ability to borrow money until well into their 30s.
MARRIED COUPLES could be disadvantaged by changes to tax legislation from December to accommodate new laws recognising gay and lesbian relationships, says the Daily Telegraph.
The Liberal Democrats have launched a ten-point action plan to tackle household and consumer debt which, among other ideas, calls on the FSA to investigate mortgage payment protection insurance.
Latest findings from a Bank of England survey reveals the UK's debt level is at a level which consumers can manage at present.
A survey looking at attitudes towards Christmas reveals almost a third of the population expect to go overdrawn during the festive period.
Health warnings and summary boxes will appear on credit card statements from March next year, as part of a series of reforms designed to improve transparency to the customer.
Britons do appear to be more concerned with sorting out or managing their debts than with investing, suggests research published by Insight Investment.
Britons do appear to be more concerned with sorting out or managing their debts than with investing, suggests research published by Insight Investment.