Child Trust Funds: Are investment fees eating your savings?

Thousands of young savers face chunky investment charges because they cannot access Child Trust Funds due to problems proving the money is theirs. The first tax-free savings accounts began to mature just over 100 days ago as holders turned 18, but a large proportion have remained untouched since, with savers unable to benefit from windfalls … Read more

AJ Bell investors see charges rise as Sipp exit fees are scrapped

AJ Bell investors see charges rise as Sipp exit fees are scrapped: Platform overhauls customer costs as it posts a pandemic-fuelled bump in profit Investing platform has announced a run of changes to its fees and charges  This includes the removal of Sipp exit fees and pension drawdown charges  Cap on custody charges for shares … Read more

Credit card holders face late fees because of little-known small-print

Beware costly credit card trap that could leave you facing late fees and black marks on your file By Victoria Bischoff for the Daily Mail Published: 22:01 GMT, 1 December 2020 | Updated: 22:01 GMT, 1 December 2020 In recent months, thousands of credit card users have received sizeable refunds to their accounts after holidays, … Read more

Private school fees for armed forces personnel cost £83m-a-year

A former RAF chief claimed £12,500 for flights to the US for a one-hour appearance on a panel at a space travel conference. Sir Stephen Hillier flew business-class for the four-day symposium in Colorado Springs – before cutting the trip short and returning first-class. The taxpayer-funded trip in April 2019 came just a year after … Read more

Private school fees for armed forces personnel cost £83m-a-year

School fees for the children of Armed Forces personnel cost taxpayers £83million last year, according to a Daily Mail investigation. Spending reached a five-year high last year after rising by £3million in just 12 months. The Continuity of Education Allowance ensures children of military personnel do not have their schooling disrupted when their parents move … Read more

Exit fees here to stay as the regulator does a U-turn

Rip-off exit fees for investors switching between investment platforms could be here to stay, after financial regulator ditched proposals to ban them By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:50 GMT, 21 November 2020 | Updated: 21:50 GMT, 21 November 2020 Rip-off exit fees for investors switching between investment platforms could be here … Read more

Thousands of NHS staff face a ‘disgusting’ 200 per cent hike in hospital parking fees

Revealed: Thousands of NHS staff face a ‘disgusting’ 200 per cent hike in hospital parking fees, with new permits costing as much as £1,440 NHS staff will be hit with fee hikes despite Minister’s free parking pledge Internal document shows the cost of annual parking permits will go up by 200% Labour’s shadow health secretary … Read more

Thousands of NHS staff face a ‘disgusting’ 200 per cent hike in hospital parking fees

Revealed: Thousands of NHS staff face a ‘disgusting’ 200 per cent hike in hospital parking fees, with new permits costing as much as £1,440 NHS staff will be hit with fee hikes despite Minister’s free parking pledge Internal document shows the cost of annual parking permits will go up by 200% Labour’s shadow health secretary … Read more

Deferred payment arrangement for care fees was unsigned so must I pay?

I’m handling my late uncle’s estate and I’ve recently been made aware of a ‘deferred payment arrangement’ with his local council amounting to approximately £16,000. I asked for a copy of the DPA but it’s unsigned and I’ve also discovered that no legal charge was made by the council. The council has not formally asked … Read more

Deferred payment arrangement for care fees was unsigned so must I pay?

I’m handling my late uncle’s estate and I’ve recently been made aware of a ‘deferred payment arrangement’ with his local council amounting to approximately £16,000. I asked for a copy of the DPA but it’s unsigned and I’ve also discovered that no legal charge was made by the council. The council has not formally asked … Read more