Personal debt problems have become more complicated in the past few years because of changes in income and people having mortgage arrears, says a debt expert. People are 'right to trust banks less People are right to trust banks less in some cases, because many of them are not offering a good enough service, according to an industry commentator. Nationwide unveils new interest rates for savings products Nationwide Building Society has revealed the new interest rates for their one-year term Fixed-Rate, Guaranteed Savings and e-Bond. Halifax: Mature gap years require planning Halifax has encouraged older people to take a gap year but it advised that it would require some planning to make sure it goes without a hitch. Lloyds TSB notes upwards trend in business confidence There is an upward trend in the confidence which businesses are exhibiting as global demand is stabilising, according to Lloyds TSB. Nottingham Building Society says it is evolving Nottingham Building Society has said that it is evolving to meet its customers' needs by launching a financial planning service. Natwest and RBS were brave to slash fees, says uSwitch Natwest and RBS's decision to cut the cost of charges and fees has been described as brave by uSwitch. Confused.com advises people to pay off credit cards Confused.com has told people to pay off their credit cards as a priority because it is their most expensive debt. M&S Money Travel Insurance: Passengers worried by airline collapses M&S Money has reassured its customers that Independent Traveller policyholders will be insured against airline collapses. Sainsbury's Finance Online Saver launched Sainsbury's Finance has launched its Online Saver account, which pays out three per cent gross interest each year. Nationwide e-Savings Plus account increases maximum balance Nationwide has increased the maximum balance that it allows on its e-Savings Plus account to £3 million. Scottish Widows set to offer week of finance advice Scottish Widows is supporting the Institute for Financial Planning (IFP) in their Financial Planning Week by holding seminars at people's places of work. UK debt is 'ball and chain around our ankles' The level of debt that people are dealing with in the UK could stop it from coming out of the recession as quickly as other countries, noted an industry commentator. Standard Life: Savings needed to top-up state pension Standard Life has urged people to use private saving methods to achieve a decent retirement income. Saga recommends fixing your savings rate Saga has advised customers to fix their savings rate so that they can know how much they are earning. Post Office Travel Insurance extends deal to the over-65sOver-65s can now take out Post Office Travel Insurance's multi-annual policy which covers all trips taken in a year. Do not lie on insurance forms, says Saga Saga has advised older travellers to declare everything they need to on their insurance forms as their policy provider will need to know all their details. Simplyhealth insurance brand unveiled
Simplyhealth insurance has announced that it is now taking its first steps as a company after merging six businesses into one. Debt is a mixed picture right now, says expert People are paying money off the capital on their mortgages, but they are also mounting up credit card debt, according to an industry expert. Santander current account incentive announced Customers have been told that they will be given £100 if they switch to a Santander current account.google_protectAn"render_ads.js::google_render_ad",zzgoogle_handleError, google_render_ad);
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