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Holiday fraud, insurance for the unemployed, finance education for children

Villa rental booking fraud, why some insurance could cost more when you are unemployed, Arch Cru investment compensation, and personal finance education for children.

Thousands of people have lost millions of pounds booking villas and apartments on line, paying for them by direct transfer only to find when they turn up for their holiday that the booking was intercepted and the money diverted into a fraudster's account. We talk to Simon Calder, Travel
Editor of the Independent newspaper about how to protect yourself when booking online.

Lose your job and the insurance company may well put up your premiums for car and home insurance - even though you could be driving a lot less and in the house a lot more. The industry explains why.

Lawyers acting for some of the investors in the suspended investment scheme Arch Cru are planning legal action against Capita, the firm that had responsibility for the management of the fund, to try to get more than the Β£54m compensation it has put up already. Up to 20,000 people who invested more than Β£400 million have lost around half their money. And four years after the investment was closed down most are still waiting for adequate redress.

Children learn how to manage money by watching and copying their parents rather than through formal financial education. That's the finding of research done by Cambridge academics. We also hear from children in Uganda and speak to Tracey Bleakley, Chief Executive of PFEG, the UK's personal finance education group about news this week that personal finance will be included in the school curriculum from 11 years.

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30 minutes

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  • Sat 13 Jul 2013 12:00
  • Sun 14 Jul 2013 21:00

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