Apr
06

Scotland fairs better with wage increases report Trust Deed Scotland

Trust Deed Scotland, a leading introducer of Trust Deeds in Scotland can reveal that a new report by The Chartered Institute of Personnel and Development (CIPD) says its survey showed that almost four out of five public sector workers had not received a pay rise this year, compared with half of employees in private firms.

Charles Cotton, CIPD further advised “given that the busiest time for pay awards in the private sector is between January and May, most of these workers who have not received a pay rise so far will now probably not get one at all.”

Chancellor George Osborne announced a two-year public sector pay freeze in his 2010 Budget, except for those paid less than £21,000 a year. Read more…

Dec
17

Problems Facing First Time Buyers

Getting onto the property ladder within the current economic crisis for many people is a major struggle. With debt levels increasing year over year and household incomes dropping because of increased fuel duty and VAT recently rising from 17.5% to 20%, there is little reason why the amount of people renting has substantially increased. Considering that rent is usually higher than it would be when on a mortgage it’s easy to understand the frustration for many people.

Even though current mortgage prices are the lowest they have ever been since the data provider Moneyfacts began recording rates in 1988. First time buyers have been locked out of the property market by the initial deposit that is required. With the current choice between tracker and fixed mortgages, the better deals can currently be found within the tracker mortgages, where you can find very low monthly interest but at a cost of a deposit as high as 35%, with the added risk of the interest being significantly increased. Therefore only suitable for people who can afford this if and when it happens. Read more…

Nov
01

Retirement Annuity –Live and Enjoy the Golden Years Post Retirement

Planning your retirement often poses a number of challenges, the most essential being securing your finances. If you have been a keen follower of business news or financial schemes then, you must have heard of Annuity – the schemes offering life changing benefits post retirement. True to a large extent, these financial schemes enhance the chances of increased monthly income post retirement. To reap the benefits better and to increase the cash income during your later years, you can consider investing in a Retirement Annuity.

Well, the very mention of this particular Annuity option post retirement must have trickled your mind to explore the opportunity better. Here is help at hand, this article aims at answering all your questions related to Retirement Annuity – Read more…