Monthly Archives February 2011

Paying the Price of Equality – A Gender Gap Bridged

It’s fairly common knowledge that women tend to live longer than men. In fact, the Office for National Statistics has been conducting surveys for years and a boy baby born in current times can expect to live to 77.7 and a girl baby is expected to live to the ripe old age of 81.9 http://www.statistics.gov.uk/cci/nugget.asp?id=168 Apparently however, the gap has come down over the last 27 years from 6 years to 4.2 year which suggests men are taking better care of their health but there is still a clear gap. For this reason, women actually pay slightly less for life insurance
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Is it Time to Switch to a Fixed Rate Mortgage?

My mortgage has been on my lender’s Standard Variable Rate (SVR) for over a year now and once again the Bank of England has announced that the Base Rate is to remain at 0.5% for the 23rd month running. So here I sit, safe in the knowledge that for another month my mortgage repayment will stay the same. The big question is, how much longer will it stay this way? The talk of rate rises has been a buzz for sometime and as more time passes the louder the buzzing seems to be getting. Markets were suggesting a 25% chance of rates rising today
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