Pet insurance 'crucial for vet fees'
Veterinary fees can cripple family finances unless people have adequate pet insurance, it has been claimed.Owners who do not insure their pets could face a "major problem" if treatment is needed, the British Small Animal Veterinary Association (BSAVA) has warned.The introduction of new treatments all the time means that vets' fees are now rising on an annual basis, meaning any treatment that is needed by an animal is likely to cost a significant sum of money.However, by taking out pet insurance, owners can rest assured that the cost of necessary treatment for their pet will be met and will not have to weigh up what they can afford against their animal's welfare.Mark Johnston, a spokesman for the BSAVA, explained: "Fees are going up well above inflation on an annual basis."He added: "The biggest acute costs or sudden onset costs would be some sort of major orthopaedic surgery, which can be from a road traffic accident."Mr Johnston commented that fees for X-rays and operations in such circumstances can leave owners having to pay thousands of pounds, meaning pet insurance is important to cover these hefty costs.
Regulatory spotlight to fall on absolute return funds
Absolute return funds are to be investigated by the Financial Services Authority (FSA), the regulator has indicated.The funds are a relatively new type of investment vehicle, which promise returns despite investing in the stock market.So far, the products seem to have kept their promises - despite falling markets, the seven funds which have been on the market for more than a year have returned an...Read More
Are People Skipping Home Insurance To Save Money?
As the economy grinds to a halt there are worrying signs that many homeowners across the UK are cutting back on their house insurance or cancelling their cover outright. More and more people are being pushed onto the poverty line and concerned how they are going to pay for the more basic items such as food and energy. Home insurance seems to be coming further and further down the list even thou...Read More
Opening a pension and a Child Trust Fund is "a great idea"
Opening a pension for your child along with a Child Trust Fund is a "great idea" for parents looking to provide their offspring with long-term security, a financial advisor has said. Anna Bowes of financial advice firm AWD Chase de Vere said that relying purely on a Child Trust Fund is risky. This is because at the age of 18, when the beneficiary will be able to access the fund, "there's a potenti...Read More
Look after the pennies and the pounds will look after themselves
There are many sayings in the financial industry and one which is sometimes ridiculed is "look after the pennies and the pounds will look after themselves". However, if you take a step back and review this particular saying you may well begin to understand exactly where it comes from! While the vast majority of us will at some time look to save money on our monthly budgets and household expendi...Read More
Is the Conservative Party tax policy in disarray?
There are signs that tonight that the Conservative Party's taxation policy could be in disarray with Boris Johnson highly critical of the possibility that the new Labour 45p tax band could form part of a Tory government in 2010. While David Cameron and George Osborne have been very upfront about their views regarding the 45p tax band, which they believe will be required to pay down the national de...Read More