The provider of affordable website hosting presents - Top vacation coupons now available at CouponCodes4u

With the holiday rush now over and a new year just beginning, it’s time to think about making the most of the year ahead. As the days get longer and spring starts to creep in, the thought of getting away becomes even more appealing. So why not think ahead and take advantage of some of the top vacation offers available at CouponCodes4u?

From flights and hotels to places like California and Florida, or shopping breaks in New York and Chicago, there are plenty of deals to be found without even leaving the States. For those looking to travel further afield, customers can take advantage of vacation coupons and experience some culture across the pond in Europe. There’s money to be saved on hotels, flights, car rental and days out in places such as England, Spain, Germany and Ireland.

To make it even easier, the free money-savings site CouponCodes4u has now put all the best vacation coupons in one place, so you won’t have to search around for an amazing deal. With stores like Southwest Vacations, Expedia, Tours4Fun, Club Med and many more providing discounts to CouponCodes4u customers, there’s no reason not to save on your break.

For those who just need some time out from the daily grind, there are plenty of days out and experiences to be found in your local area. There are a range of golf packages, spa breaks, and theatre nights – just to name a few – waiting to be discovered.

As part of the biggest deals and discounts network in the world, there is a strong team working hard to find the best coupons available. CouponCodes4u is currently partnered with over 17,000 stores from across America, including some of the biggest household names such as Sears, Target, Amazon, and Best Buy. To stay up to date with the latest savings, the newsletter allows shoppers to get the best deals delivered right to their computer.

Relax and prepare for some me-time: whether it’s a short break, an indulgent holiday or a weekend away, CouponCodes4u is the first place to check before booking your vacation.

Source: UK Finance News | Top vacation coupons now available at CouponCodes4u | 24 Jan 2012, 4:12 pm

The provider of affordable website hosting presents - Ansell Limited Expands Korean Investment

Ansell Limited (ANN.AX), a global leader in protection solutions, today announced it has entered into a multi-year agreement with Koreca Industries. Koreca Industries is based in Daegu and is a leading hand protection specialist in Korea.

As a part of this agreement, Ansell has appointed Koreca Industries its exclusive distributor of Industrial and New Verticals personal protective equipment (PPE) products in the Republic of Korea. Furthermore, Ansell has an option to make equity investments in Koreca Industries in stages over several years.

Magnus Nicolin, CEO of Ansell Limited commented

“By partnering with Koreca Industries, Ansell will significantly strengthen its presence in Korea in the PPE market. This move is well aligned with our previously communicated ambition to expand globally in fast-growing markets”.

Ansell Limited Ansell is a world leader in providing superior health and safety protection solutions that enhance human well being. With operations in the North America, Latin America, EMEA and Asia, Ansell employs more than 10,000 people worldwide and holds leading positions in the industrial and medical gloves market, as well as in the sexual health and well being category worldwide. Ansell operates in four main business segments: Medical Solutions, Industrial Solutions, New Verticals, and Sexual Wellness. Information on Ansell and its products can be found at www.ansell.com.

Source: UK Finance News | Ansell Limited Expands Korean Investment | 24 Jan 2012, 1:44 pm

The provider of affordable website hosting presents - Think Money: borrowers should budget for Christmas

Concern for Christmas on credit cards

Think Money, a leading financial solutions company, has urged would-be borrowers to consider how they’d pay everything back should they turn to credit in the near future.

With the festive season fast approaching, many people will be covering the cost of Christmas on credit cards, store cards and other forms of credit. It can be a quick and convenient way of spreading the cost of spending at this time of year – and with the base rate at an all-time low, may be an attractive option for some people.

However, there are concerns that borrowers without an adequate financial plan or a strict budget could have difficulties repaying what they owe.

An expert at Think Money commented:

“Financial planning is as important as it’s ever been – especially when it comes to borrowing money. Those of us who are managing well financially may be thinking about making a big purchase on credit – whether that’s home improvements, a new car or a holiday. That’s fine, just as long as those people have planned out a budget and are sure they can afford their repayments.

“Similarly, some people might be making a New Year’s resolution to get their finances in order. For some, that might involve taking out a debt consolidation loan to simplify their finances and set out a clear plan for repaying their debts. This can be a good way of managing debt, but borrowers still need to make sure their repayments fit in with the rest of their budget.”

Source: UK Finance News | Think Money: borrowers should budget for Christmas | 10 Dec 2011, 5:29 pm

The provider of affordable website hosting presents - Money-Saving Website Named As Fifth Fastest Growing UK Business

Commenting on the Sunday Times Virgin Fast Track 100 announcement that TopCashBack.co.uk is Britain’s fifth fastest growing private company, Adam Bullock, Operations Manager, at TopCashBack.co.uk said:

“The whole team at TopCashBack is delighted and honoured to be named the fifth fastest growing private company in the UK. To be ranked above many household names is a fantastic achievement and a credit to all of the staff here at TopCashBack.

TopCashBack is the UK’s Number 1 Free Cashback Website Over 3,200 merchants (retailers and product/service providers) pay a referral commission for purchases made on their websites via topcashback.co.uk; but rather than keep this commission, TopCashBack passes 100% straight back to the customer as ‘cashback’, and gives everyone a 1% bonus (at least) from its own pockets on top.

TopCashBack’s fundamental aim is to help all UK consumers save as much money as possible on their online shopping.

Established in 2005 TopCashBack has an ethos of ‘fair play’ and has gone from strength-to-strength with a membership in excess of one million.

Adam Bullock continues:

“The business has grown rapidly in Uttoxeter and Bolton over the last three years; so much so that six months ago we expanded into the capital and established an office in London. Since our incarnation six years ago we have been careful to ensure that we stick to our core values of providing the best cashback rates, excellent customer service and effective use of technology to create a streamlined operation.

“The most remarkable aspect of being listed in the Sunday Times Virgin Fast Track 100 for us is that, we see this as just the start of the growth curve. With less than two percent of the UK population signed up to save money through us, there’s no reason why this growth trend won’t continue as millions more consumers realise just how much they can save on their online shopping by using TopCashBack. With tomorrow being Mega Monday and everyone now getting into the full swing of their Christmas shopping, we hope many more shoppers take advantage of our free money-saving service.”

Source: UK Finance News | Money-Saving Website Named As Fifth Fastest Growing UK Business | 4 Dec 2011, 1:08 pm

The provider of affordable website hosting presents - What are the liabilities to trustees in the event of a pension wind up?

In the context of occupational, stakeholder, and group personal pension schemes, professional trustees are responsible for collecting contributions, investing assets, and paying out benefits according to the rules of the fund. Trustees have certain core duties, set out in law, which they must perform, and they also have discretionary powers to make decisions. As long as discretion is exercised reasonably and honestly, there will be some leeway as to how schemes are administered, always with the proviso that the trustee is never in breach of fiduciary duties, to administer the fund properly at all times.

Professional trustees therefore have a great deal of responsibility, and will also be subject to liability in the event of a pension wind up, where a trust is brought to an end by dividing up remaining assets among the beneficiaries, or members and their relatives as specified under the scheme, in accordance with the trust deed, or what might be described as the ‘constitution’ of the fund.

The guiding principle for independent and professional trustees is that they must act in the best interests of the beneficiaries, and this applies throughout the pension wind up also. Trustees might be personally liable for any losses caused to members of a pension fund if it is found that these were the result of a ‘breach of trust’ during the pension wind up. A breach of trust in this context would be where the trustee sold off assets s/he was not authorised to sell, or secured a company’s debt in such a way as to cause loss when that should have been foreseen. In this way, failing to act or acting carelessly in the administration of the wind up can also amount to a breach of trust.

The liability of independent trustees in the event of a pension wind up is described in law as ‘joint and several’. As such, it is possible to be liable for one trustee to be liable for the actions of another, if that trustee should have taken steps to know and understand what was happening. In this way the liability of trustees is set up so as to place the onus on each trustee to check for potential breaches of trust. If a trustee becomes aware of a breach of trust, even if s/he had nothing to do with brining it about, s/he will be potentially liable. This will be the case unless there is a personal liability protection in operation under the pension scheme.

Special care must be taken by trustees during the unusual event of a pension wind up as liability might arise out of failure to ensure the proper identification of assets through to taking all reasonable steps to ensure the process is completed as quickly as possible. The Pension Protection Fund, the pension regulator, expects a maximum of two years as a wind up period. In particular trustees will be liable throughout this time for keeping beneficiaries of the trust informed as to what is happening to their pensions.

Source: UK Finance News | What are the liabilities to trustees in the event of a pension wind up? | 4 Oct 2011, 8:20 pm

The provider of affordable website hosting presents - FAS And PPF Assessment

FAS Assessment and PPF assessment might easily be described as two sides of the same coin because both form part of the pension rescue package available to employees whose company pension schemes have collapsed.

There are five stages involved in the FAS (Financial Assistance Scheme) process – notification, qualification, provision of member data, assessment, and payment. In the PPF assessment (Pension Protection Fund) process, there are also five stages, including a fairly lengthy assessment period of at least a year followed by a transition period and then takeover by the PPF itself.

The FAS was set up to help workers whose pension scheme collapsed or began to wind up between 1 January 1997 and 5 April 2005. The PPF was established in April 2005 to pay compensation to members of final salary pension schemes.

FAS payouts are a maximum of 90% of the pension entitlement, with a cap set at £30,297 for anyone whose entitlement begins between 1 April 2011 and 31 March 2012. If the PPF takes responsibility for a scheme, members will typically receive 100% of any pension compensation owed to them. The payout is 90% for those yet to retire, with the cap for the current financial year for any member aged 65 set at £33,219.

Notification and qualification are the first two steps in the FAS assessment process using form FAS A1. This provides some basic information about the scheme, usually provided by a trustee, manager, or professional advisor to the scheme. If the scheme is already wound up, a former trustee, manager or professional advisor can provide the information. Information can also be provided by a member of the scheme or their appointed representative, a surviving spouse or civil partner of a member of the scheme who has died.

Successful notification does not guarantee qualification, which is the next step, achieved by completing the second part of form FAS A1 and providing appropriate documentation, such as a copy of the scheme’s trust deed and rules. Once a scheme completes qualification, information about individual members and their pensions are provided over a time-limited three month period.

Only then can the FAS assessment stage begin. Eligible members are identified and the levels of assistance payable calculated. They are then notified and sent the Personal Details form FAS A2 to complete in order to confirm their personal details. Payments will not begin until FAS A2 has been completed and returned to the FAS.

PPF assessment begins following the receipt and validation of a Section 120 Notice – usually issued following an ‘insolvency event’, for example, the appointment of administrators to look after the affairs of the insolvent company. The PPF then has 28 days to decide if the pension scheme is eligible.

All data for the scheme is assessed for accuracy to make sure members receive the correct compensation payments. During this time, too, the scheme’s trustees are charged with keeping members up-to-date with progress, and for paying pensions at PPF levels during the assessment process. Once transition has been completed, and the scheme deemed to have insufficient assets, the PPF will take over the scheme.

Source: UK Finance News | FAS And PPF Assessment | 4 Aug 2011, 3:20 pm

The provider of affordable website hosting presents - BusinessFunding.co.uk flags funding opps as public sector cash dwindles

A major new service for businesses will go live on Wednesday allowing start-ups, small business and SMEs to explore their finance and funding options quickly and easily, as new data shows public sector funding has dropped by a quarter.

Statistics from BusinessFunding.co.uk’s database – which tracks over 1,000 UK business funding sources – show the number of public sector-backed funding sources available to companies has shrunk by at least a quarter in the last year alone, and the number of grant schemes has shrunk by a similarly large amount.

Its key finding is that of the 286 public sector-backed funds it was tracking a year ago, 80 (28.0%) have since closed, with the North West particularly badly hit.

Similarly, on grant funding: of the 250 grant funding sources tracked that were active a year ago, 64 (25.6%) have closed. Here, nationwide schemes and those targeted at the South have been relatively protected, whereas those targeted specifically at the Midlands have fared badly.

With spending cuts progressing apace across a wide variety of business funding sources, this trend looks set to continue.

The research extends across the gamut of the BusinessFunding.co.uk database, which tracks the activity of over 1,000 funding sources, including almost all of the major equity investor organisations (venture capital funds and business angel networks) and hundreds of business lenders (from general business loan providers to specialist providers like invoice discounters).

With the evident decline of public sector and grant funders, UK start-ups and SMEs must diversify the range of options they look to when seeking funding.

The good news is that a wide variety of less-well-known funding sources do exist, from specialists such as asset-backed lenders and business cash advancers and from more traditional equity investors. According to BusinessFunding.co.uk’s research, these equity investors have provided funding over £500m into UK companies so far this year.

The BusinessFunding.co.uk website aims to help those businesses looking for funding but unsure as to their options find funders who are prepared to assist them.

Dr Stephen Bence, Founder and Director of

BusinessFunding.co.uk, says: “We were often being asked to compile lists of properly-qualified funding sources for a particular project or company. We found these tasks incredibly time-consuming because the information could not be found in one place – not to mention the complexity of the funders’ eligibility criteria.

“This is our solution to that problem: a comprehensive and detailed database of funding sources coupled with an easy-to-use online tool to help direct businesses towards the sources of funding and finance that are most suitable for them”.

Launch partners for BusinessFunding.co.uk include: Baker Noel Chartered Accountants, the legal firm Vincent Sykes & Higham, the Public Relations firm Presswire and the digital search agency Red or Blue.

Source: UK Finance News | BusinessFunding.co.uk flags funding opps as public sector cash dwindles | 27 Jul 2011, 1:57 pm

The provider of affordable website hosting presents - What is Contract for Difference (CFD) Trading?

In financial terms, a Contract for Difference (or CFD) is a contract agreed between two parties, commonly known as a ‘buyer’ and a ‘seller’.  The contract states that the buyer will pay the seller the difference between the current value of a named ‘asset’ and its value at contract time.

However, if the current value difference is negative when compared to the contract time, it is agreed that the seller will pay the set difference to the buyer.

CFD’s are traded between individual traders and as such there are no set contract terms.

They were originally developed in the early 1990’s in London and were initially used by hedge funds and institutional traders to hedge their exposure to stocks on the London Stock Exchange in a cost-effective way.

CFD’s are financial derivatives that allow traders to take advantage of price adjustments.  They are also commonly used to speculate on those markets.

CFD’s are used in many countries including the UK, Japan, Germany, France, South Africa, Switzerland, Australia, Ireland and Spain but due to restrictions are not permitted in the United States, while Hong Kong have plans to issue CFD’s in the near future. With the increase in personal share ownership there are many websites that now offer individuals new to trading help and advice on how best to invest their money in stocks and shares.

The TD Derivatives Trading website allows you to manage Contracts for Difference, Forex and Futures trading with its integrated suite of trading platforms, so you can undertake all your CFD, Forex and Futures trading from one account.  The account also gives you access to TD’s suite of trading platforms: the web-based TD Derivatives Web Trader and the downloadable TD Derivatives Professional with Direct Market Access.

When entering the world of trading you should remain alert and cautious at all times and remember one or two good investments can be nothing more than beginners’ luck, and losing focus at any time could have disastrous consequences that mean your losses could very quickly escalate out of control.

With CFD online trading you should fully understand the risks and seek independent advice whenever necessary.

To help you gain some knowledge and confidence without the risk of losing money, TD Derivatives offer a 20 day free demo account with all the functionality of a live account and gives you a virtual £100,000 allowing you to put your trading skills and strategies to the acid test.

Source: UK Finance News | What is Contract for Difference (CFD) Trading? | 21 Jul 2011, 2:01 pm