moneynet in the press

Daily Telegraph – 25th February 2006

GIVE UP FOR LENT, AND EARN A NEST EGG FOR EASTER

A couple each smoking 20 a day, with cigarettes costing around £5 a pack, would literally be setting light to £3,640 a year to fund their habit, according to figures from Moneynet.

If the same couple went to buy life insurance including critical illness cover, they would be paying £213 a month with Norwich Union, compared with £112 for a non-smoking couple. Add this extra premium into the equation, and they would be spending around £4,800 a year on smoking. Richard Brown, chief executive of Moneynet, said.

Mansfield Chad – 22nd February 2006

SMOKERS COULD SAVE A PACKET

Bosses from the online financial data provider Moneynet say local smokers could see significant benefits to their bank balance as well as their health if the new ban on smoking in pubs, clubs and restaurants helps them kick their habit.

Says Moneynet chief executive Richard Brown: “With a packet of cigarettes currently costing around £5, a husband and wife who both smoke 20 a day will already be spending a staggering £3,640 a year on the habit.

Star (Doncaster) – 18th February 2006

CREDIT CARD SMALL PRINT GIVING US HEADACHES

Confusion surrounding the small print on credit card agreements is leaving card holders in the dark when it comes to paying bills on time, according to new evidence from online financial data provider Moneynet, who blame wide variations between plastic providers in the length of interest-free time allowable on their cards.

The Independent – 18th February 2006

THE MYTHS, THE REALITIES AND THE REAL COSTS OF IDENTITY THEFT

Richard Brown, of the market analyst Moneynet, says that people must decide for themselves how concerned they are about falling prey to identity fraud- and whether insurance is worth the money.

Financial Adviser – 16th February 2006

THREESIXTY TIES TO LEAD CREATOR

Threesixty has partnered with personal finance website Moneynet to offer its members a discounted lead generation service. Threesixty IFAs can access Moneynet’s Lead Partnership operation and receive a 5 per cent discount for mortgage, life insurance and secured loans leads. IFAs are obliged to sign up to a minimum of five leads a month and invalid leads are refunded.

Richard Brown, chief executive of Moneynet said: “We invoice after 30 days, allowing IFAs to start generating revenue before they pay us”.

The Scotsman – 4th February 2006

ACT NOW TO PROTECT YOURSELF FROM IDENTITY THEFT

Online financial data analysis company Moneynet has warned that many such protection policies are flawed in that they do not offer full financial compensation to victims of fraud.

The cost of protection can vary considerably. Royal Bank of Scotland’s service costs more than £80 per year, while Barclaycard charges less than half of that for a similar level of cover.

Sunday Mirror – 2nd February 2006

HOME IN ON JOB COVER

Richard Brown, of personal finance website www.moneynet.co.uk, says: “Mortgage payment protection insurance tends to be very popular at times of economic uncertainty, but if you opt for High Street lenders, it can be expensive and may not cover all eventualities."