UK household debt sets new record
Household debt in the UK has reached a new high. Figures from the Bank of England show individuals now owe a total of £1.43 trillion, including mortgage debt. This is slightly above the previous record set in September 2008.
The …
UK inflation rate falls to 2.2% in October 2013
The Consumer Prices Index (CPI) measure of inflation fell to 2.2% in October, according to the Office for National Statistics.
The Retail Prices Index (RPI) fell to 2.6% in October from 3.2% in September.
Farrell Financial Planning does not give …
Farrell Financial Planning quoted as world experts
Credit Card Insider quotes Farrell Financial Planning as financial experts from around the world in their blog on money management for young professionals.
The full article is available via their website.
As UK based independent financial advisers we offer …
OFT calls for pension reforms
An Office of Fair Trading (OFT) study of the defined contribution (DC) workplace pensions market has found some schemes are not offering value for money.
A particular area for concern is older higher charging contracts, may not be delivering value …
Auto-enrolment proves popular with workers
Only 9% of workers have opted out of automatically enrolled pension schemes.
Opt out rates were higher among those aged 50 and over than for other age groups.
Although auto-enrolment came in on 1 October 2012, individual employers’ duties …