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5 Rules For Spreading Your Savings Around - Money Saving Tips
By Mark Aucamp

The recent economic downturn has had a major effect on the banks and the amounts that you can safely save with them. The government has nationalised two British banks so far, the Northern Rock and the Bradford & Bingley. The savings accounts from the Bradford & Bingley were passed to the Abbey Bank which is owed by the Spanish Bank Santander when the government took over the Bradford and Bingley. They government has also bailed out the biggest bank in the UK the Royal Bank of Scotland (RBS) Lloyds TSB and the Halifax by investing billions in each bank. Lloyds TSB looks set to merge with the Halifax Bank.

The British government stood by its pledge and protected British investors recently. For the first-time the Financial Services Compensation Scheme (FSCS) has been tested when the British government stepped into protect British investors when I-Save the Icelandic Bank that went Bust. It is understandable that people are now very confused and concerned about the safety of their savings and where to invest. The shrewd investor with savings over £50,000 should look to spread their savings around the UK banks and building societies to protect themselves.

Find out what the deposit protection is for non-residence first before investing abroad. For example the Channel Islands of Jersey and Guernsey do not offer any deposit protection at the present time. You are covered by the Financial Services Compensation Scheme (FSCS) in any UK bank up to £50,000 per customer per bank. Should you have more than £50,000 it is a good idea to spread your money around the UK banks. Be careful not to open two accounts in the same bank or two banks that are part of the same group as you may not be covered.

Here are five rules to safe guarding your savings

Rule One: don't invest your hard earned cash in foreign banks just because they have fantastic interest rates.

Rule Two: spread your savings around the various UK banks and building societies

Rule Three: make sure that you only have one savings account in your name in each bank. Your partner can also have a savings account in the same bank in their name and still be protected.

Rule Four: check that the bank is not part of a group of banks that will only cover you once under the Financial Services Compensation Scheme (FSCS) if you opened several saving accounts.

Rule Five: don't invest in a foreign country until you have checked that they offer you a depositor's protection scheme and make sure you understand the limitations of how you can invest there and still be protected with them. If they don't offer protection then don't invest there!

Before investing any of your hard earned savings check with the banks or building societies first and ask them the right questions. The first question should be "Am I protected and for how much will you cover my savings for?"

Contributing author Mark Aucamp has been providing Talk Money Blog with regular Money Saving Expert advice and comments. Mark has extensive experience in providing advice and solutions. He is recognised as an authority in the field of debt management and mortgage advice. To see if your Mortgage or Loan is invalid and unenforceable go LoanCheck for a free appraisal.

Article Source: http://EzineArticles.com/?expert=Mark_Aucamp

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Compensation Claim Made Simple!
By Lindsay Nolan

If you are wondering how to make a compensation claim and you fear that it could be too complicated and it isn't worth it then let me give you some tips.

The procedure is quite simple, you just need to know where to begin:

1 - Make a phone call to a solicitor or fill out a form for an application online.

2 - Sign the paperwork sent and return them.

Done!

Did it take long? No more than a half an hour.

You see, you can start an accident compensation claim in approximately half an hour, and after that it usually goes on smooth, without you having to do much. How exactly you may ask?

Make a compensation claim online. Finish the form carefully and submit it. Another option is to call a free number. The persons you will meet at the other end of the line are there to help you. Be precise and don't forget to mention every detail you can remember. If all goes well they should get back to you in no more than a day, sometimes even quicker.

Then you will have to sign some papers that you will receive at home. Return them and you're pretty much done with it. Don't worry about it, those papers only cover the agreement that is made by the personal injury solicitor on your behalf. Don't fret as it's for your injury compensation claim.

This settlement should mean 100% Compensation recovery for you. This is mainly for work accidents, car accident and slip, trip or fall claims.

If you see something going wrong or if you're not happy with the way things are going, you can just call the personal injury solicitor and ask them the questions. He will surely explain everything and help you is necessary. It's their job to help you, so you needn't worry once those papers are signed.

After you sign and send the documents everything will be taken care of on your behalf.

A Personal Injury Compensation Claim On Automate?

The personal injury solicitor will do their part. They will call people, study the place of the accident, interrogate witnesses and so on, while you will relax and watch TV.

If they will have any additional questions, they will call you and ask. Nothing complicated.

They will even take care of your medical assessment, sending a medical specialist to your place or make appointments for you to experienced doctors. If there are any expenses incurred to attend the medical examination, keep the receipt and that can also be claimed back.

Now that's their job, so now you wait for your cheque.

Difficult? Didn't think so!

Get the compensation claim you deserve! Learn how to claim compensation for a range of accidents and injuries.

Article Source: EzineArticles.com/?expert=Lindsay_Nolan

  The content and materials provided in this web site are for informational and educational purposes only and are not intended to supplement or comprise any precise facts, although we have researched sufficiently for the facts and information to be reasonably accurate. All content and materials including research papers, case studies and testimonials summarizing facts have been done by individuals working for this website. We cannot be held responsible for any inaccuracies, as we have described that information is for educational purposes and therefore maybe a few weeks old.

 

 

 

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No Win No Fee Solicitor!
By Sadhana Dhanyal


No win no fee is also known as conditional fee agreements. They were introduced when Legal aid was still available for personal injury claims. It was done primarily with the purpose of helping people with incomes above legal aid eligibility limit, to fund personal injury litigation. Initially, people who had an income above the limit used to find it difficult to pay for a solicitor.

However, with the introduction of "no win no fee", things have changed. It has made easy for most of the people to secure claim as they can easily fund their civil cases. These claims have become very popular with people as it allows them to get compensation for a personal injury quickly.

You can also avail the services of no win no fee solicitor for further advice on these types of claims. Scores of people have benefited from their advice in the past. These solicitors have an in depth experience in handling compensation claim cases successfully. No win no fee solicitors have an in depth experience in handling injury claims. You can consult them for expert advice. Many people have benefited from their service in the past.

Often people are worried about paying a large amount of fees for the compensation claim. However, with no win no fee, one need not pay any fees for it. No matter whether you win or lose the case, you will not be required to pay fees. If you have suffered an injury due the fault of the driver, then you can seek suitable claim for it. Looking online will also help you get a claim fast. No win no fee solicitor too can help you deal with the situation well.

Those who have met with an injury know it well how difficult it is to deal with the situation. If you are insured against injuries, you are free form worries. In case, you are not, then things may be very difficult for you. Seeking compensation in such circumstances can seem like a tedious task. It is here that no win no fee solicitor can help you. These solicitors will make sure that you don't pay for the case. It is irrespective of the fact whether you win or lose the case.

You can easily seek compensation for the personal injuries by opting for personal injury compensation. You can seek advice on personal injuries form a team of personal injury solicitors. Don't get confused with the multitude of options available. These specialists have a proven track record of handling personal injury claims. Many people have benefited form this service in the past.

If you have suffered an accident or a personal injury that was not your fault, you are entitled to make a compensation claim. You can also seek advice from no win no fee solicitor. They can help you evaluate your compensation claim. They will make the entire process of seeking claim easy for you.

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Article Source: EzineArticles.com/

?expert=Sadhana_Dhanyal

 

No Win No Fee Solicitors

Avoid "The Big Surprise"
By Diana Joseph


Patrick was driving home one night when a bus rammed into his car. The impact of the collision led to serious physical injuries. Later, his friend advised him to file a claim for compensation with the help of 'guaranteed solicitors' for your claim.

Thanks to the solicitors, Patrick won the case. However, much to his surprise, the court refused to award him the full amount marked as legal expenses, saying the fee charged by the solicitor was exorbitant. To add to Patrick's troubles, the supposedly solicitors sent him a hefty bill a few months later for other services such as 'creating a risk assessment report.'

Who Are No Win No Fee Solicitors?

No win no fee solicitors are solicitors who agree to represent you in an injury claim but are paid only if they win the case for you.

Nowadays, most personal injury claim solicitors in the UK advertise themselves as no win no fee solicitors. While filing a claim with the help of solicitors is still the best way to handle a personal injury case, pay attention to these tips for dealing with them:

Tip 1: Read the Agreement

Read the fine details of your agreement with the solicitor. With no win no fee solicitors, as the name implies, you don't pay anything because they are paid by your opponent's insurance company, not you. But this does not mean that you don't stand the chance to lose something in the process. As in the case of Patrick's story above, the fees charged by the them were decided by the judge to be too high.

Also, check if your contract provides for 100 percent compensation for your injuries. For example, if the cost of your personal injury is around 1,000 pounds, you should be paid the full amount without reduction. The solicitor's fee is an additional amount that your opponent's insurance company should pay on top of the injury claim.

Tip 2: Check on What Happens If You Lose!

In principle, you don't pay anything when you lose a case filed by the solicitors. The reality can be quite different. Most no win no fee solicitors only like to talk about what happens when you win. But consider the fact that if you lose the claim, it's possible that you may have to pay the legal fees of your opponent, and maybe even the court's fees!

A way out is taking an insurance policy on your claim, which reimburses you even if you lose. But read and re-read the policy document! A hefty premium will leave a big hole in your pocket. See if you can get a smaller premium that still covers you.

Tip 3: Double-check the Expertise

Often, when you think you are talking to solicitors, you are probably talking to a claims adjuster with little or no experience in filing claims. Get the right solicitor to file your claim. Experience and expertise are the two important factors that make the difference between winning and losing.

Diana Joseph is an expert in accident claims issues. Please visit her site - injury-claims-no-win-no-fee.co.uk to know more about filing successful personal injury claims and accident claim process.

Article Source: EzineArticles.com/

?expert=Diana_Joseph

 

 

Big is not necessarily better
Courtesy: Marcel Berlins, The Guardian ...

It is not often that prison officers are in total agreement with the probation, prison reform and civil liberties lobbies about the best way of dealing with criminals. But there they were, among the 34 signatories to last week's passionate letter to the Guardian, which included just about every organisation with expertise of the prison system. They agreed on one important issue. The government's plan to build three large "Titan" prisons - each catering for some 2,500 prisoners - will just not work.

Jack Straw's hasty decision to proceed with the Titans followed the recommendation of Lord Carter, whose inquiry into the future of the prison system was widely criticised for being superficial, and based on insufficient evidence. The virtually unanimous condemnation of the plan comes in two parts. There is no need for more prison places, because already too many convicted criminals are being sent to prison - a proposition that has been put to the government again and again and has the support of almost every knowledgeable organisation. There is no dispute that long terms of imprisonment are justified for violent and sexual offenders, but prisons are full of inmates who are neither, who have not committed the worst kind of crimes, and who are often suffering from mental conditions that prison exacerbates.

But even if the government's argument is accepted that more prisons may be required, Titans are emphatically not the answer. Large is inefficient and potentially dangerous, experience in other countries shows. If new prisons are to be built, they should be relatively small and localised.

Coincidentally, last week also saw publication of a report by Professor Rod Morgan, former chairman of the Youth Justice Board and one of the country's most respected criminologists, pointing to the twin drawbacks of the dramatic increase in the use of police cautions as an alternative to sending low-level offenders to be tried in the courts. The policy was well meant, aimed at dealing with petty criminals as quickly and cheaply as possible. But the police have been criticised for using the caution on the wrong people and unnecessarily, to enable them more easily to meet their targets for apprehending criminals.

Morgan points to two consequences of the overuse of cautions. First, they are too often being dished out to deal with not just small-time crime and criminals, but more serious offences, including assaults and other violent and thuggish behaviour, which deserve to end up in court. Secondly, minor offenders, especially youths, are being given police cautions, which criminalises them, when their behaviour should have been dealt with informally.

So, at one end of the sentencing and punishment spectrum, we're imprisoning too many offenders who ought not to be there and should be handled by non-custodial methods. At the other end, we're issuing cautions to people who ought to be treated more severely in the courts and to others who ought not to be brought into the criminal justice system at all. What a mess.

 



 

 

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New UK Sexual Harassment Law Dips Under the Radar
By Sally Bolton

On 14 March 2008 the UK government introduced a new anti-sexual harassment regulation which will come into force on 6 April 2008. No I have not made a typing error, that is a whole 3 weeks from introduction to implementation.

The new rules mean that every member of staff must be protected from sexual harassment by ANYONE they meet carrying out their work duties. That includes members of the public, suppliers, people they meet at seminars, etc.

They managed to bring in the new regulation using a statutory instrument, meaning there is no requirement for debate in Parliament. I am left wondering where the democratic process has vanished to. Of course I believe people should be free from sexual harassment in any walk of life but surely we deserve notification and time to develop and implement a plan of action seems only reasonable.

The price you, as an employer, could face for failure to protect from sexual harassment is unlimited, there is no cap on the amount you can be sued for.

I came across this snippet of information today when I was asked to write to my MP demanding this regulation be delayed until employers can be informed about the change and decided to have a search around to see what I could find.

To give you an idea of how far under the radar this one has flown, as I type there is nothing on the Business Link website and a google search brings up only 3 websites with information (which are all Human Resources websites and not related to government).

The UK website HRZone has quoted a spokesman for Harriet Harman who stated that the timeframe was "perfectly normal", "it more than meets all the requirements and has not been shortened".

I am left wondering where the requirement to inform employers of changes in regulations has gone to?

All employers must look into this new regulation and should of course write to their MP expressing their opinions and requesting that it's introduction be postponed until October 2008.

Sally is proud to be a country bumpkin and is the owner of Country Couples, a dating and friendship website for UK singles with a love of the countryside. She invites you to visit her website at country-couples.co.uk

Article Source: EzineArticles.com/

?expert=Sally_Bolton