Archive for September, 2009

Questions of Cash: ‘Ombudsman made AIG pay for missed flight’: The Independent

Q. I want to thank you for advising us to go to the Financial Ombudsman Service to complain about the rejection of our insurance claim (Questions of Cash, 14 February 2009). As a result, we are being paid £490 compensation. FR, Derbyshire.
 
A. You went on holiday to Sark last August, flying to Guernsey by Flybe. [...]

A more friendly approach: Co-operative News

 
The Butterfill Act - the Building Societies (Funding) and Mutual Societies (Transfers) Act 2007, to give it its proper name - has already had a huge impact on the mutual sector. It broke down the barriers that prevented different types of mutuals from merging, enabling CFS and the Britannia Building Society to come together.
 
But, says [...]

Reform of LGPS inevitable: Local Government Chronicle

Substantial reform of the Local Government Pension Scheme is increasingly looking inevitable.  What is more, that reform is not dependent on a different government.  Even existing ministers seem determined to instigate major, perhaps even fundamental, change.
 
In June this year, DCLG began an “informal consultation exercise” in which it invited a limited number of stakeholders to [...]

Mixed messages in Northern Ireland housing market: Belfast Telegraph

 
Housing prices are recovering strongly — or at least that’s what the headlines suggest. Look below the surface, though, and there is considerable uncertainty about what is happening.
 
The strongest positive sign came last month from the University of Ulster’s Quarterly House Price Index. This concluded that the collapse in Northern Ireland house prices has almost [...]

Investing for the children: Belfast Telegraph

As children start a new school term, thoughts inevitably turn to what happens when they leave school and start their adult life.
 
The transition is much easier with a solid financial base.
“If you are between 18 and 30, the financial challenges are stiff,” says David White, chief executive of the Children’s Mutual. “Look at funding your [...]

Questions of Cash: ‘Why can’t I get a new Visa card?’: The Independent

 
Q. I am having problems with Lloyds TSB Airmiles Duo Cards. My card expired on 31 July and I expected a new card to be sent automatically. No card arrived by 26 July. I was due to go on holiday abroad three days later so I phoned and was told it had been despatched. Still [...]

Questions of Cash: ‘I was victim of Turkish fraud’: The Independent

 
Q. I went on holiday to Turkey where I attempted to withdraw cash from a Link machine. My card was retained by the machine: I assumed I had entered the wrong PIN number. I went to the Gendarma [police] office opposite to ask advice. I was told where the bank was: the bank said I [...]