EPR Financial News

Despite the economic gloom, Wednesday’s base rate cut could stimulate the economy – and it does hint that the Monetary Policy Committee sees the threat of inflation as lessening, says financial solutions provider Think Money

Responding to the half-point cut to the Bank of England’s base rate, financial solutions company Think Money welcomed its already noticeable impact, and pointed to the implied likelihood of future cuts. “There’s no question that we’re facing extraordinary issues today, both globally and nationally,” a Think Money spokesperson commented. “As a ...

Sunwest Trust, which manages retirement funds for self-directed IRA investors, has continued to expand despite the uncertainty on Wall Street

Sunwest Trust, Inc. the New Mexico Company that acts as an escrow agent and self-directed IRA custodian, claims the self directed IRA funds placed with their firm are FDIC insured through local banks. Sunwest Trust further claims that it is financially sound and is not directly affected by the day-to-day ...

Lloyds TSB has launched two new savings accounts in response to the demand for its savings products

Lloyds TSB has revealed the details of two brand new savings accounts, each offering customers the opportunity to earn up to 6% interest on their savings. The first of the two new savings accounts, the Easy Saver 2012, tracks the Bank of England base rate until 31st December 2012 on a ...

Lloyds TSB has revealed that over a quarter of British couples could be missing out on higher credit interest rates by not pooling their current account cash

Lloyds TSB has released new figures that show while nearly three quarters (72 per cent) of couples do have a joint bank account, over a quarter choose not to join forces financially despite the fact that in doing so, they could make their money work harder for them. Of those couples ...

Highway Insurance Group Acquired by LV

LV=, the UK based insurance, investment and pensions group, has announced its acquisition of the Highway Insurance Group, which includes Highway Insurance and Hero Insurance Services, further expanding the fast growing general insurance division of LV=. The initial offer of 73.35p per share, which was recommended by the Highway Board, was ...

LV= Reports Kids Come First As Parents Increase ‘Back To School’ Spending To £709 Million

LV='s new Cost of a Child study has found that parents will spend £709 million* on 'back to school' basics including uniforms, stationery, sportswear and winter coats as parents prepare to kit their children out for the start of the new school year. This is equivalent to parents spending an ...

Prudential Reveals 1 In 3 UK Couples Know Nothing About Their Partner’s Finances

Prudential has revealed new research that shows UK couples could be risking poverty in old age because they are failing to talk to one another about financial planning for their retirement. The study found that nearly a third of couples (32 per cent) aged 40 and above but not yet retired* ...

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