If you make 0800 calls, they're not currently free from your mobile, but should be in the future
Ofcom, the telecoms regulator, also wants phone companies to stop confusing people with different prices for other 08 numbers.
If you find you can't call your bank, energy supplier or local supermarket without having to use an 0845/44 number, you're not alone. It's estimated by Ofcom that there were 22 billion calls to so-called 'non geographic' numbers in 2012. Meanwhile, if you ring an 0800 'freephone' number from your mobile, it’s not free at all. Now Ofcom wants mobile phone companies to stop charging for these calls. So, when will the changes come in and how can you save money in the meantime?
Savvy women and money; what you think about it, who manages it and when should you start saving for retirement?
When do you think the ideal age is to start saving for a pension? Do you have financial secrets and are state pensions confusing?
I get lots of press releases about women and money (as you can imagine), looking at how we are saving less than men, saving more than men, aren’t saving enough for our retirement, have financial secrets from our partners and so on. So – as it’s International Women’s Day - I thought I’d write up a snapshot of what I know about SavvyWoman users from the emails, poll results, tweets and comments I’ve received.
The Office of Fair Trading is clamping down on payday lenders for flouting the rules
The Office of Fair Trading found widespread evidence of irresponsible lending by 50 leading payday lenders
The OFT is clamping down on the leading fifty payday lenders (including household names), which make up 90% of the payday lending market. It’s given them 12 weeks to clean up their act or they will lose their licence and won’t be able to lend. The Office of Fair Trading started investigating payday lenders after complaints from consumer and debt groups and it found – and I quote - evidence of widespread irresponsible lending and failure by the payday lenders to comply with the rules and regulations.