Travel Insurance also know as Visitors Insurance is a insurance that is intended to cover medical expenses and financial (such as money invested in nonrefundable pre-payments) and other losses incurred while traveling, either within one's own country, or internationally. Student travel, adventure travel, business travel, cruise travel, leisure travel, and international travel are all the options that can be insured through MatrixIA
Barclaycard US, the payments business of Barclays in the United States, today announced that it has partnered with FICO (NYSE: FICO), a leading predictive analytics and decision management software company, to offer complimentary FICO® Scores to its cardmembers. Barclaycard is the first top 10 issuer to provide FICO® Scores to its cardmembers, giving them unprecedented access to the same credit score used by banks and lenders at no additional cost.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/64068-barclaycard-offers-complimentary-fico-scores-to-cardmembers
Money Management International (MMI) is participating in a nationwide partnership to help families struggling with their mortgage payments apply for help from the Federal government’s Making Home Affordable Program (MHA). The MHA program is an important part of the Obama administration’s comprehensive plan to help homeowners get mortgage relief and avoid foreclosure.
To view Multimedia News Release, go to http://www.multivu.com/mnr/52440-money-management-international-mmi-mortgage-relief-mha-program
Following a successful initial launch, Barclaycard US, the payments business of Barclays in the United States, is making the Barclaycard Arrival™ World MasterCard® available to all U.S. consumers.
Barclaycard Arrival is the only consumer travel rewards card that allows cardmembers to redeem their miles to fly on any airline, at any time – with no blackout dates or seat restrictions – and get 10% of their miles back when they redeem for travel. The card also offers significant miles earning power, a complimentary subscription to TripIt® Pro mobile travel organizer and access to the Barclaycard Travel Community.
To view Multimedia News Release, go to http://www.multivu.com/mnr/60359-barclaycard-arrival-world-mastercard-travel-rewards-card
Barclaycard, the payments business of Barclays in the United States, today unveiled an innovative travel reward feature that enables cardmembers and non-cardmembers alike to earn miles by simply participating in the new Barclaycard Travel Community (BarclaycardTravel.com). The new program will reward registered community members with Participation Miles for creating a travel profile, sharing their travel stories, and receiving kudos from other registered community members. And now, for the first-time, non-cardmembers are eligible to earn miles they can redeem for Amazon.com e-certificates each time they accumulate 2,500 miles.
To view Multimedia News Release, go to http://www.multivu.com/mnr/64221-barclaycard-travel-community-members-earn-miles-for-participation
As spring home buying season picks up, Bank of the West has released a series of educational videos to help consumers understand and navigate the home purchase process.
Mortgages In Brief are short videos available on Bank of the West’s YouTube channel that give consumers some of the essential information on down payments, credit scores, loan costs and documentation. The mortgage videos feature Karen Mayfield, who heads the Bank’s team of mortgage bankers. Mortgages In Brief are the latest videos in the Bank’s popular In Brief Series designed to educate consumers on financial matters.
To view Multimedia News Release, go to http://www.multivu.com/players/English/61199-bank-of-the-west-releases-homebuyer-videos
Ukraine’s PrivatBank has released a conceptual video showing how the bank’s mobile applications will be used in the nearest future after the launch of Google Glass.
The video shows how Google Glass will be used to pay bills by taking pictures of them, transfer money by giving voice commands, withdraw money or pay for purchases by reading QR codes, and even refuel.
PrivatBank explains that it has created numerous mobile applications which already can be used to do what is shown in the video.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/61903-privatbank-google-glass-mobile-app
In honor of Women’s History Month, Barclaycard US, the payments business of Barclays in the US, has launched Be Your Possible, a four-week campaign focused on promoting increased financial literacy for women. Headed by Barclaycard’s Women’s Initiative Network (WIN), Be Your Possible will provide the 60 percent of women who report that their greatest financial priority is “just getting by” or paying off debt1 with a place to go to find the inspiration, support and knowledge they need to improve their financial understanding and reach their personal financial goals. The campaign includes a contest for Barclaycard US Facebook fans with $40,000 in total financial support to help them achieve their personal goals.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/66053-barclaycard-us-be-your-possible-financial-support-literacy-campaign-women
The American Transaction Processors Coalition (ATPC) formally launched today with a panel discussion in front of 400 industry employees, chamber of commerce executives, university leadership and elected officials from Congress, the Georgia General Assembly and local governments across metro Atlanta.
More than 40,000 employees work directly for 70-plus Georgia-based transaction processing companies within an area known as Transaction Alley. These companies generated more than $30 billion last year, far exceeding other well-known Georgia industries like life sciences at $17 billion or film at $3 billion. Transaction Alley revenues equal that of the entire U.S. movie industry, and is dominated by Atlanta, just as Los Angeles dominates films.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/7081851-american-transaction-processors-coalition-launches-georgia-town-hall
Today Barclaycard US, the payments business of Barclays in the United States, announced the re-brand of its award-winning, annual fee-based travel rewards credit card to Barclaycard Arrival Plus™, and the launch of the newly developed Barclaycard Arrival Plus™ World Elite MasterCard®. New Barclaycard Arrival Plus cardmembers will enjoy enhanced benefits like EMV chip-enabled cards for added confidence and convenience when traveling abroad, a new and improved card design featuring a cyan-colored core, and World Elite status.
To view the Multimedia News Release, go to: http://www.multivu.com/mnr/7224751-barclaycard-arrival-plus-world-elite-mastercard-travel-rewards
In an effort to increase awareness of the Making Home Affordable® (MHA) Program’s free resources and assistance for struggling homeowners, the U.S. Department of the Treasury (Treasury), the U.S. Department of Housing and Urban Development (HUD), and the Ad Council today launched a new series of public service advertisements (PSAs) as a part of their Foreclosure Prevention Assistance campaign.
MHA launched in 2009 and is a critical part of the Administration's strategy to help homeowners avoid foreclosure, stabilize the country’s housing market, and improve the nation's economy. The program offers a range of solutions, including lower monthly mortgage payments for struggling homeowners, as well as options for unemployed or underemployed homeowners and those who owe more than their homes are worth. To date, MHA has helped more than 1.5 million families nationwide.
To view the Multimedia News Release, go to: http://www.multivu.com/players/English/7324251-ad-council-treasury-hud-new-public-service-ads-making-home-affordable/
QROPS - Qualifying Recognised Overseas Pension Schemes were introduced in 2006 as part of a major overhaul of Britain\'s pension framework, aimed at simplifying pension transfers to another country. New legislation was passed by the UK tax authority, HM Revenue and Customs (HMRC), in order to comply with an EU directive that pensions be free to move across Europe\'s borders. This ruling means that individuals, wishing to retire to countries such as France, Spain and Portugal can effectively take their UK pension funds with them: http://www.axis-finance.com/what-are-qrops.php
Who can apply for a QROPS?
A QROPS is specifically designed to allow anyone, not intending to retire in the UK, to transfer existing and frozen UK pension plans into a more appropriate retirement vehicle.
Individuals who are, or have been members of a UK registered pension fund and are currently living outside of the UK, or intending to leave the UK on a permanent basis, can consider transferring their retirement fund into a QROPS: http://www.axis-finance.com/qrops-living-in-France
Transfers to QROPS
The UK Government allows transfers to QROPS to be made free of UK tax. Their aim is to simplify the affairs of individuals leaving the UK on a permanent basis and to encourage them to continue saving in order to provide an income when they retire. There is no official limit to the amount of funds that may be transferred to a QROPS: http://www.axis-finance.com/qrops-France-pension-transfers
QROPS - HMRC Rules
What makes a scheme a QROPS?
In order to transfer your UK pension into a QROPS, it is necessary for the overseas pension scheme to be accepted by HMRC. The criteria outlined by HMRC for an overseas scheme to qualify as a QROPS include:
- The pension scheme must be established outside of the UK
- It must be recognised for tax purposes in the country where it is located
- It must be regulated in the country in which it is established
Age that benefits can be taken from a QROPS
The QROPS regime mirrors that of a regulated pension scheme in the UK. Benefits, including lump sum payments, from the transferred funds may not be distributed earlier than the normal retirement age of 55, if an individual has been a non-UK resident for less than five complete tax years: http://www.axis-finance.com/qrops-living-in-France-HMRC-Rules
QROPS Reporting requirements
HMRC should be notified if a payment is made within the first five tax years of a member becoming non-UK tax resident. Any benefits paid before five complete tax years of non-UK residency and not in accordance with UK Pension rules will be deemed an unauthorised payment.
The scheme manager does not have to notify HMRC if the payment is made 10 or more years after the day of the transfer that created the QROPS fund for the \'relevant member\', provided that the person is non UK resident for the duration of this period. This 10 year \'bracket\' for reporting payments took effect as of 6 April 2012.
QROPS List
When transferring your UK pension to a scheme overseas, it is important to check that the scheme meets the conditions to be a qualifying recognised overseas pension scheme (QROPS). Not all transfers to overseas or offshore schemes are QROPS transfers; it is therefore essential to verify that the scheme receiving your UK benefits is on the QROPS list published by HMRC, otherwise a transfer will be treated as a transfer to a non-qualifying overseas scheme and substantial penalties may be applied by HMRC at the time of transfer: http://www.axis-finance.com/qrops-list-living-in-France
How do I know if it is a legitimate QROPS scheme?
QROPS approved plans that agree to have their details published are listed on the HMRC website. A UK Pension administrator will confirm a QROPS listing before agreeing to a transfer. If not listed, the administrator will contact HMRC
