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Finance & Career

The benefits of using an investment platform

February 16, 2011 by Gareth Hoyle

An investment platform is a single place where all your investments can be monitored and managed. In the past investors may have had a variety of investments made with a variety of companies, each with a pile of paperwork; which made tracking the performance of your investments at-a-glance a distant dream. With an investment platform, this dream is a reality.
What are the benefits of an investment platform?

See the risk

Your financial adviser will perform a ‘risk profiling’ analysis to assess your attitude to risk before investing on your behalf. This ensures that your goals and expectations are matched accurately with the type of investments you make. Certain platforms, including Skandia’s platform, provide tools to help your financial adviser carry out this risk profiling in as accurate a way as possible.

A platform should also allow you to see the risk rating of each of your investments, which can help to minimise the risk of nasty surprises further down the line.
Track performance

By showing all your investments in one place, you can easily see the performance of each fund. This makes the whole process far more transparent, not to mention easier to manage. In consultation with your independent financial adviser, you may choose to switch or adjust funds as you both see fit as a result of being able to track the performance of your investments through a platform.
Switch funds

Some investment platforms give you access to thousands of funds from leading investments houses. This makes it simple to quickly switch investments, giving you up-to-date valuations of your progress. There may be charges for switching funds, although some investment platform providers do not charge for this.
Take control of your financial future

Rather than simply offering separate products, such as pensions, ISAs, and life assurance, an investment platform brings it all together in one place. This means it is possible for you and your financial adviser to see a single, transparent overview of your financial position, making it much easier for you to make well-informed investment decisions to plan your financial future.

Charlotte Walker writes on a range of finance related topics, including the benefits of using an investment platform.

Filed Under: Investing

The importance of checking the weather before you drive

February 16, 2011 by Gareth Hoyle

There are so many good reasons why, at this time of year, you should take the time to check the weather before you drive. For England, this can be done by calling the Highways Agency live traffic information service on 08700 660 115.

The obvious reason to check the weather before you drive is because winter is a time of year when adverse weather is most likely to occur. The snow, ice, sleet and storms that so often occur during the winter make it harder to drive. This is the case regardless of how well you have prepared your car for the winter weather by taking such measures as ensuring that you have enough tread on your tyres. No matter how ready your car is to brave the weather, winter driving is still a risk, and in countries like the UK where snow isn’t an everyday occurrence, many drivers are not sufficiently experienced in the conditions and are therefore unable to drive sufficiently carefully.

Winter driving can be incredibly difficult, so you are advised to check the weather first so that you can hopefully wait for an improvement in the weather before you drive anywhere. When driving in snow, it is easy to get your speed wrong. If you drive too fast, you risk losing control, whereas if you drive too slowly, you risk losing momentum when you need it, possibly becoming stuck in the snow. Remember that it can take up to 10 times longer to stop your car when the roads are slippery, meaning that you need to reduce your speed and drive carefully accordingly, even if the roads have been gritted.

Even if you cannot see ice on the road, there may still be plenty of black ice in unexpected places that can cause your car to skid. Winter driving conditions can be made particularly challenging if there is a high risk of ice due to the road layout and location. Hilly or exposed roads or roads that pass over or under a bridge, in addition to those that are shaded by buildings or trees, are all places where ice can very easily form.

The difficulty of winter driving can greatly increase the risk of having an accident. It can hamper visibility, and if you cause an accident as a result of not being able to see clearly due to ice and condensation on your windows, your car insurance premiums could also greatly increase.

References

Directgov (2011?). Safety in extreme weather. http://www.direct.gov.uk/en/TravelAndTransport/Usingmotorwaysandroads/Roadsafetyadvice/DG_185021
BBC News Online (2010). How to drive in snow and icy weather. http://news.bbc.co.uk/1/hi/8443690.stm
Hannah, Felicity (2010). 10 tips for getting your car ready for winter. http://www.moneysupermarket.com/c/news/ten-tips-for-getting-your-car-ready-for-winter/0010548/
Your Cover Insurance (2010). Winter driving tips – preparing for winter. http://www.yourcoverinsurance.co.uk/en/products/car_insurance/hints_and_tips/driving_safely/winter_driving_tips-preparingforwinter.html
Haynesonline (2011?). Drive safely this winter with Haynes. http://www.haynes.co.uk/webapp/wcs/stores/servlet/Feature_WinterDrivingAdviceView?langId=-1&storeId=10001&catalogId=10001
Directgov (2010). Snow and ice – travel and local services updates. http://www.direct.gov.uk/en/Nl1/Newsroom/DG_174618

Hannah Warder is a writer for MediaVest (Manchester) on a range of topics such as car insurance.

Filed Under: Finance & Career

The Most Popular Nissan Cars of all Time

February 16, 2011 by Gareth Hoyle

Prospective cheap car insurance policyholders may wish to know more about the most popular Nissans ever manufactured.

One of Nissan’s most popular cars is the Micra, which has long been known in Asia as the March. From 1992 until July 2010, over two million Micra’s were built at the NMUK plant in Sunderland in the UK alone. The original Micra was introduced in Europe in 1983 as Nissan’s replacement in the supermini sector for the Cherry, which had become larger with each successive generation. The second generation of Micra had rounder styling and was introduced in 1992, winning the European Car of the Year award for 1993. The radically redesigned third generation, meanwhile, was unveiled at the 2002 Paris Motor Show as the Nissan mm Concept and had an even curvier exterior, even spawning a coupe convertible model. The fourth generation Micra was globally launched in March 2010.

Another of Nissan’s most popular cars is the Almera, which is a medium sized family car that was built by the manufacturer between 1995 and 2006. Nissan essentially used Almera as the European export name for its Pulsar, Sentra or Bluebird Sylphy models. Although in regions such as Ireland, the saloon version was popular, almost all Almeras sold in the UK were three door or five door hatchbacks. The Almera was sophisticated compared to other cars in its class, with power steering, electric mirrors, a driver airbag and stereo all coming as standard. The Almera also spawned various special edition models during its lifetime and was rated highly for its reliability and build quality.

Nissan is also very well known for its Z-cars: a series of sports cars which date back to the original Nissan Fairlady Z. This car was sold in Japan as far back as October 1969 and exported as the Datsun 240Z. The Z cars have long been praised for their combination of good looks, performance, affordability and reliability. The Z cars have only ever been known in Japan as the Fairlady Z, but have been sold elsewhere under the names 240Z, 260Z, 280Z, 280XZ, 300ZX, 350Z and 370Z. The original Datsun 240Z particularly was praised for its combination of sharp performance and good looks, something for which the fourth generation 300ZX was again widely regarded when it first appeared in 1989. The Z car is presently in its sixth generation, the 370Z, which was first shown at an event in Los Angeles prior to the 2008 Greater LA Auto Show.

References

Nissan (2010). Nissan Micra E-Brochure. http://www.nissan.co.uk/etc/medialib/nissaneu/_gb_en/_Brochures/city_cars/-474.Par.36631.File.pdf
Auto Trader (2007). Nissan Micra 1.5 dCi car review. http://www.autotrader.co.uk/articles/2007/04/cars/nissan/micra/nissan-micra-1-5-dci-car-review
Blackcircles.com (2010). Nissan Car Tyres. http://www.blackcircles.com/tyres/cars/nissan
Auto Express (2008). Nissan Z-cars gallery. http://www.autoexpress.co.uk/news/autoexpressnews/230526/nissan_zcars_gallery.html
Peter Hall (2002). Return of the Z cars. http://www.telegraph.co.uk/motoring/carreviews/convertibeandsportscars/2717486/Return-of-the-Z-cars.html

Hannah Warder is a writer for MediaVest (Manchester) on a range of topics such as car insurance.

Filed Under: Finance & Career

The Most Popular Volkswagen Cars of all Time

February 16, 2011 by Gareth Hoyle

Those who are looking for car insurance may be interested to know more about the most popular Volkswagen cars of all time, which we have defined as those that are the best selling.

With sales of over 21m, the Volkswagen Beetle is cited as the best selling single design of car in history, and not merely the bestselling Volkswagen. The Beetle was also known as the Type 1, and was produced from 1938 until 2003. Beetles were manufactured in an air-cooled, rear-engine, rear wheel drive configuration, making it the longest running automobile in the world of a single design platform. The Beetle pioneered the affordable small car, alongside such cars as the Morris Minor, Fiat 500 and Citroen 2CV.

Its successor, the Volkswagen Golf, has been built in six generations since 1974. After the Volkswagen Group acquired Audi in 1964, Volkswagen made the most of its newly acquired engineering expertise to develop a modern front wheel drive car with a water cooled engine, leading to the introduction of both the Golf and the Passat.

The front wheel drive Golf was initially built mostly in the three door hatchback style, but has also spawned five door hatchback, estate, convertible and saloon variants over its long production run. A particularly successful guise was the GTi, which has been widely hailed as the first successful mass market “hot hatch”. The Volkswagen Passat, meanwhile, is a large family car that has been built in six generations since 1973, with present marketplace rivals including the Ford Mondeo. Over 15m Passats have been sold in total.

The Volkswagen Jetta is the saloon version of the Golf. It has been built continuously over five generations since August 1979. The Jetta was originally conceived when Volkswagen gave the Golf hatchback a conventional trunk, while the Jetta has also long been distinguished by additional styling changes, including both on the front end and to the interior. It has long been offered in five-seat saloon and five door estate variants.

The four generations of the Volkswagen Gol, meanwhile, have led to it becoming Brazil’s bestselling car. It was been built continuously by Volkswagen’s Brazilian arm since 1980, with sales of over 4,500,000. The Gol was developed in 1980 as a replacement for the Brasilia, which in turn had been a Brazilian market alternative to the Beetle. Its design was specific to Latin America, while the car even spawned many sporting variants, such as the GTi, which was the first Brazilian-built car to use fuel injection.

References

Volkswest.co.uk (2010). History of the Beetle. http://www.volkswest.co.uk/beetle_history.html
Volkswagen (2010). Volkswagen history timeline. http://www.volkswagen.co.uk/volkswagen-world/heritage/timeline
Christopher Santos (2010). First and Finest of the Hot Hatches. http://www.vw-one.co.uk/hello.htm
Volkswagen (2011). New Passat Estate. http://www.volkswagen.co.uk/#/new/passat-estate-vii
Top Gear (July 2000). Volkswagen Passat. http://www.topgear.com/uk/volkswagen/passat
John Simister (2010). Volkswagen Passat. http://www.independent.co.uk/life-style/motoring/road-tests/volkswagen-passat-2114828.html
Maps of World Cars (2010). Volkswagen Gol. http://www.mapsofworld.com/referrals/cars/small-cars/subcompact-cars/volkswagen-gol.html
Auto Express(2010). Volkswagen Jetta. http://www.autoexpress.co.uk/carreviews/newreviews/209645/volkswagen_jetta.html

Hannah Warder is a writer for MediaVest (Manchester) on a range of topics such as car insurance.

Filed Under: Finance & Career

Spend Easter in the “Islands of Eternal Spring”

February 16, 2011 by Gareth Hoyle

Off the north-west coast of Africa lie a number of islands, known affectionately as the “islands of eternal spring”. More commonly, these islands are referred to as the Canaries. But it is easy to see why they have been given such a nickname; with an average temperature of 17°C in the winter and 24°C in the summer, the weather is fine all year round. Saying this, it can get much hotter when waves of Saharan air blow over from the continent. With conditions like this, wouldn’t you like to spend your Easter here?
Lanzarote

Picture awesome waves and pleasant sandy beaches, and you are well on your way to discovering Lanzarote. In fact, Lanzarote is well known for its water-sports potential, with many learning how to windsurf just off the coast. But Lanzarote isn’t all water and sand; it is also home to Timanfaya National Park. Here you can find a spectacular volcanic landscape complete with boiling bore holes hosting exciting displays of steam and fire. If that isn’t thrilling enough, opt for the camel ride within the park.

Top sandy resorts: Costa Teguise and Puerto del Carmen are great for beach bunnies and water sports enthusiasts alike.

Tenerife

Tenerife too offers you the chance to combine relaxation and exploration in the same holiday. Mount Teide is the most popular tourist attraction in Tenerife for good reason; it is simply breathtaking. On a clear day you can see the whole of the island, plus the other Canaries from the summit. If your legs don’t feel up to the challenge of climbing, there is a cable car that can take the strain for you instead. When you descend, take the time to unwind on one of many yellow-white, or black sandy beaches around the island.

Top sandy resorts: North of Santa Cruz de Tenerife is Playa de Las Teresitas, a Saharan sand beach covered with palm trees.

Gran Canaria

If you want to shop until you drop on holiday, Gran Canaria is the place to go. Get your travellers cheques to hand, and head straight to the capital Las Palmas for some intense retail therapy. With copious designer outlets and handfuls of cute boutiques, it’s likely you will end up with more baggage than you came on holiday with. But there’s no point in buying new clothes without the chance to show them off, so spend a few neon nights at Playa del Ingles and dress to impress.

Top sandy resorts: Anfi Beach is located at a hotel complex, but all beaches in Gran Canaria are public meaning you can visit even when you aren’t staying at the hotel. Soft sand and great facilities make this one not to miss.
Fuerteventura

Smaller than the other islands, Fuerteventura is truly designed for those who want to escape. Jandia is a top resort for couples as there is always somewhere to get a few moments alone. A plethora of restaurants makes candlelit dinners for two a romantic choice, whilst the 32km sandy beach is the perfect stretch for a moonlit stroll.

Top sandy resorts: Costa Caleta is the ideal destination for families. A beautiful horseshoe bay makes a safer swimming and playing environment for the little ones.

Miles Bumphrey is a keen traveller and has extensive knowledge of all things travel related including destinations, currency and travellers cheques. He is a freelance writer and publishes his work on a number of blogs and websites.

Filed Under: Investing

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