Sorry, but I agree with KS. There is a lack of trustworthy alternatives. My experience of pensions and investment management companies is that they are run for the benefit of shareholders and senior management, who receive their returns & pay and benefits regardless of the performance of thier investments. Investors are bottom of this pile. The UK stock market is lower today that on 1st January 2000, and very few pension / investment companies have beaten the market. Cash, on the other hand, has seen a 75-100% return during the same period - interest rates were much highe up until 2008.
20 Sep 2016 07:43 Read comment
I am entertained by the fact that 833 people surveyed by Research Now believe thar cash will be obsolete in four years. Who are these people? In a seperate news note last week we are told that the amount of cash issued by ATMs in the Uk has increased each year for the last five years. Whilst there is no doubt that more payments are being made by electronic means than ever before I believe that cash still has a lot of life in it yet.
12 Sep 2016 12:19 Read comment
As a significant user of Mastercard ($40,000+ per anuum) and a user of PayPal, almost entirely through eBay, I am at a loss to understand the benefits. I can only assumed that this tie up is not aimed at me.
06 Sep 2016 16:20 Read comment
So what? Cheques have been in decline for decades. It was only a matter of time before an alternate payment method overtook them. However, what would interest me is the total volume of payments and how many are contactless. I'm interested in how this compares to cash, debit card and credit cards.
01 Sep 2016 16:37 Read comment
My son is on a Government apprentice scheme and is low paid. He needs to travel into central London for two days per month as part of his training. The fares are reimbursable, but only with a receipt for purchase. At £12 return the sums are significant to him. He cannot get a receipt with his Oyster card, so has to purchase tickets. No receipt, no reimbursement.
18 Aug 2016 07:28 Read comment
Just over 1,000 people surveyed in a country of 320,000,000 spread across 50 states. Hitesh hit the nail on the head - within that 'just over 1,000' is a mix of age groups, education, geography, income, technological familiarity as well as many other factors. The survey is a joke.
10 Aug 2016 09:10 Read comment
My comment regarding Lloyds using Brexit as an excuse still stands. I have no doubt that they need to close branches to survive, but they should be honest about the reason.
29 Jul 2016 09:43 Read comment
Dear Lloyds Bank, using Brexit as an excuse to close branches is criminal. You were going to close them anyway and Brexit has provided you with an excuse
28 Jul 2016 18:05 Read comment
Please tell me the signs of cash's inevitable decline in the United States, Germany and the Arab world, where cash is still king and does not show any signs of declining in the foreseeable future. It may be the case in Australia, where less than half of one percent of the global population resides, but in many large, and often sophisticated countries, cash is still the preferred apyment method.
22 Jun 2016 17:01 Read comment
Yet another survey predicting the end of cash, whilst the amount of money withdrawn from ATMs actually increased last year. A survey of 2000 people out of an adult population of the UK of 40,000,000 is unlikely to be an accurate basis to extrapolate from.
21 Jun 2016 13:14 Read comment
Terry DayManaging Director at International Financial Systems
Tony FajimoluManaging Director at Redwood Associates
Ian McKenna Managing Director at F&TRC
Chris JonesManaging Director at PSE Consulting
Matt BeattieManaging Director at Beyond
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