Personal Finance

A safeguarding account is a special kind of segregated account that keeps a client's funds separate from the company's operational funds. We take a look at factors to consider and requirements to set one up.

As cryptocurrency is about to dominate the world, its purpose needs to be properly defined; is it an investment tool or a currency

To a degree, the ability of individuals to grow wealth and have a better financial standing depends on their access to certain asset classes and certain investment opportunities. In the past, these opportunities were only available via traditional financial institutions and these institutions prioritized access to these assets for only the wealthy.

For most big purchases, paying in cash saves consumers from having to worry about the scourge of interest charges. As such, in the long run, a cash payment is the most cost-effective method of buying a car. However, if you don’t have a spare £13,000 in the bank — the average cost of a used car in the UK — you’ll need to explore other funding options. One possibility could be a car finance plan. Effectively, this is a loan...

46 per cent say it speeds up their journey too.

Over the course of the last year, adult children have ‘borrowed’ a total of £708 from their mums and dads.

Having savings for a rainy day can be a great lifeline if you find yourself struck by a financial emergency. Just one unforeseen event, like a broken down car or losing a job, could see you facing a period of financial instability. However, studies show that 27% of Brits have no emergency funds—a considerable oversight which falls above the European average figure. One of the most frequently-used safety nets for cash-strapped people is a credit card, and over 59 million...

Adhering to a vegetarian or vegan diet always gives people the impression that it is more expensive than eating meat. Somehow, the idea of eating a plant-based diet is perceived to be a privilege only a few people can afford. Perhaps what is to blame here is the proliferation of artisanal brands, organic meals, Whole Foods, and ingredients labeled as ‘superfoods’ which eventually put a premium price tag on otherwise cheap produce. But the whole idea of removing meat from...

ID cards have become ubiquitous in UK schools over the last five years and are now worn by staff, students and visitors. However, what benefits could a school have if those cards were more than just a piece of plastic with a name and photo printed on to them? What if they replaced simple ID cards with smart cards? Innovative smart card technology is providing schools with a wide range of benefits, from reduced workloads to more robust safeguarding. Here...