My Advice Gateway
WELCOME TO MY ADVICE GATEWAY

My Advice Gateway is a free resource to help you quickly find the information you need to claim benefits, access help and support or look for a job or training opportunities. Other services include sections on banking, insurance and how to manage debt.

There is so much information available on the internet that it can often be a tedious and time consuming activity to search through the mass of advice that is available in order to find the information you need. Even government websites that have been set up to provide help can be difficult to find your way around.

My Advice Gateway has been built to help you find the information you need quickly and effectively. Links will take you to authoritative advice or the precise application form you need.

We hope you will find My Advice Gateway useful. If you do, why not tell your friends. . .

FOUNDER SPONSOR - LHS
FOUNDER SPONSOR - LHS

LHS provides a complete range of web-based housing option services to more than 60 local authorities and hundreds of housing associations across the UK.

BROKEN LINKS

My Advice Gateway constantly checks its links to other information sources to ensure they work properly.

However, if you do find a link that does not connect, please let us know so that we can fix it quickly.

Simply drop us an e-mail and tell us which link did not work. We will check it out and put it right.

E-mail: info@myadvicegateway.com

 

 

DIFFERENT TYPES OF BANK
DIFFERENT TYPES OF BANK

There are a number of different types of bank, and many banks can function as several types at the same time. Below are some definitions of some of the most common types of bank to help you understand the technical terms and differentiations.

High street Banks – most common high street banks are called retail and commercial banks as they provide banking services to both the general public (retail banking) and to businesses (commercial banking).

Building Societies – offer the same services as banks do, but a building society is owned by its members (the people who invest in the building society). This means that there are no shareholders to pay dividends to.

Credit Unions – these are also owned by their members, so they are non-profit organisations, however membership depends on having a “common bond”. For example: to be part of a specific credit union you may need to be living or working in a specific area, or belong to a certain trade union or housing association. For more information on credit unions, click here.

National Savings and Investments (NS&I) – provides government-supported savings and investment products. So any money you invest is completely secure. To find out more about NS&I – follow this link.

As there are so many different types of bank, a good way of choosing which bank to save with is to consider how you would like to run your banking.

Follow this link to The Money Advice Service for information of what to think about before you decide.

If you are worried about the security of your savings follow this link.

Banks, building societies, credit unions and other firms that accept deposits and provide banking products have to be authorised by and regulated by The Financial Conduct Authority (FCA). For more information follow this link.

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