All the main share dealers, such as Halifax, Barclays, Interactive Investor, Hargreaves Lansdown and BestInvest, offer similar services, but charges vary, as does the range of shares offered. Lee was instrumental in winning government approval for shares listed on Aim (the alternative investment market) to be eligible for Isas, but has a word of warning. “Never buy exploration, biotech or start-up stocks,” he says. “Only go for proper businesses that you can understand and that are making profits and paying dividends.” Avoiding losers, rather than picking winners, is the key to success, he says. “Investing is like golf. It’s the shot that goes into the river or the woods that ruins the card.”
2014 - 04.24
2014 - 04.24
In the late 1950s, Avenue Road was widened to accommodate growing vehicular traffic in Toronto. Widespread efforts to make the city more car-friendly had commenced in the early '40s, but it was still possible to add lanes here on account of the relatively low density north of Davenport Road. They made due to the south as well, but walk by the Church of Redeemer today and you'll notice just how close it gets to the roadway. There's no room to spare.
2014 - 04.23
He noted that there was a risk to low and predictable interest rates in the shape of excessive risk-taking in financial markets. One only has to look at the over-enthusiastic welcome to some of the recent online offerings, such as Boohoo, to recognise how quickly it could all end in tears.
2014 - 04.22
Some merchants that should comply with PCI could fly under the radar for a while without doing anything to address Windows XP non-compliance, he says. While it's not advisable, they are not compelled to have security audits unless a merchant bank or credit processing service provider requires it and that doesn't happen all the time, Collins says.
2014 - 04.22
The British Bankers’ Association (BBA) is urging the Government to be more proactive in encouraging a savings culture amongst Britons in the upcoming Budget. The BBA added the recommendation to its submission to the Treasury ahead of the Chancellor’s statement on 19 March. It wants ministers to make ISAs simpler, and to create a new work-based account to help employees build up savings while they earn. Rising bills, paltry pay rises and a low-interest environment has made it difficult for many to save their hard-earned cash, and Brits have been saving far less than people in other EU countries over the last thirty years. A new work-based savings product linked to firms’ payroll could be just the ticket to help increase savings across the UK the BBA says. It also suggests rising the ISA cash allowance to £11,880, the same rate as the maximum for stocks and shares ISAs for the tax year 2014/15. Anthony Browne, the chief executive of the BBA, says: “This is really important for both individuals and the wider economy. It is about helping to save enough for retirement as well as those vital ‘rainy day’ funds that can protect you if you lose your job or face a sudden large expense. “Increasing the national savings rate will also boost the economy in the longer term because countries who save more invest more.”