IF YOU want to get the best return on your money and have already put all you can into a cash Isa this year, you may want to consider equity Isas – Isas that invest in stocks and shares. Equity Isas have a number of advantages over their cash counterparts. [ Read More → ]

Banks to tighten lending criteria on loans and reduce credit card limits Photo: PA It comes as more lenders said they had reduced the availability of mortgages rather than increased it during the past three months following a “deterioration” in the cost and access to wholesale funds. It comes despite billions [ Read More → ]

WASHINGTON - Lenders are ramping up efforts to avoid home foreclosures, but a report by bank regulators says more than half of borrowers who get help fall behind again. More than 50 percent of homeowners with loans modified in the first half of last year had missed at least two months [ Read More → ]

The High Court has dismissed a claim by Whangarei pensioners Judy and Bruce Bartle that GE Money (GE Custodians) was in breach of its duty of care by lending them around NZ$640,000, which they then used to buy a Blue Chip apartment. GE Money is now able to enforce its [ Read More → ]

Pensioners Bruce and Judy Bartle have lost their case against the finance company that lent them more than their house was worth to invest in Blue Chip. However the judge has ruled that the lawyer who advised them - a Blue Chip specialist who acted for over 150 investors in the [ Read More → ]

Dropping the Money Managers name is not about running and hiding from the past, it’s about reflecting the huge change the business has been through in the past 18 months, according to the financial advisory group’s boss Derek Young. The nationwide company, founded in 1985 by Doug Somers-Edgar on Auckland’s North [ Read More → ]

BOSTON (AP) - One steady bit of good economic news: Inflation remains near zero. So who would want to pay extra these days to add a dose of inflation protection in their portfolio? Plenty of people. It turns out sales are hot for Treasury Inflation-Protected Securities, a common hedge against rising [ Read More → ]

BREAKING NEWS: Residents flee tsunami after quake hits Samoas; watch issued for Hawaii Click for story Summary Box: Deposit insurance fund in the red By The Associated … Read the original article at Palmbeachpost

“I have a college degree, but you know, I just don’t know anything about mortgages and what’s the right thing to do.” When I heard a South Florida home buyer say this the other day, it sounded so familiar. I hear that sentiment so often, not just about mortgages, but about [ Read More → ]

SAN FRANCISCO - Social Security provides a majority of the retirement income for about two-thirds of Americans over age 65, but if you’re in your mid-50s or younger, it’s time to make alternate arrangements. The program’s dismal outlook has long been known, but the recent economic crisis further scarred the program’s [ Read More → ]