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| − | == FSA ban on platform commission to end free ISA investing Th ==
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| − | <div id="js-article-text" class="article-text float-l " ><h1>Time called on 'free investing', as FSA moves to ban platform commission but it will mean more upfront fees for investors</h1><p> By and </p><p><span class="article-timestamp"><strong>PUBLISHED:</strong>13:28 GMT, 27 June 2012</span> <span class="article-timestamp"><strong>UPDATED:</strong>13:41 GMT, 27 June 2012</span></p><p><br></p><p><font style="font-size: 1.2em;">Savers face the end of 'free investing' on fund supermarkets,</font><font style="font-size: 1.2em;"> as part of a shake-up that could see them start paying upfront charges but save money in the long-term.</font><br></p><p><font style="font-size: 1.2em;">Watchdog the Financial Services Authority wants to ban all payments from product providers to investing platforms.</font></p><p><font style="font-size: 1.2em;">This would call an end to the practice in which commission from fund managers pays for savers to use dealing services for free. <br></font></p><p><font style="font-size: 1.2em;">However, while investors may believe they are getting a good deal by paying no upfront charges, the kickbacks eat into their returns over the years, potentially costing them hundreds or thousands of pounds in future growth.</font></p><p><font style="font-size: 1.2em;">Banning payments is expected to lead to more investing platforms charging monthly or annual administration charges, but the FSA says that it is dangerous to make investing seem free to the untrained eye when it actually carries a cost.</font><br></p><p><font style="font-size: 1.2em;">The change is expected to add around ?80 upfront per year to the cost of investing in an Isa, but commission takes about ?75 out of every ?10,hollister outlet,000 invested and eats into future returns.</font><br></p><p><font style="font-size: 1.2em;">Sheila Nicoll, director of conduct policy at the FSA, said: 'Investors are increasingly using platforms as a convenient ‘one stop shop' for their investments, but at the moment many investors have no idea what they are paying for this service,ralph lauren uk, while some believe it is free.</font><br></p><p><font style="font-size: 1.2em;">'This needs to change. Today we are proposing changes that give investors and their advisers more control and mean that they know exactly what they are paying for a platform's service.'</font></p><p></p><p><font style="font-size: 1.2em;">The FSA said that it plans to publish its finalised rules before the end of 2012, allowing platforms over a year to implement the necessary changes to their business models before the rules come into effect on 31 December 2013.</font><br></p><p><font style="font-size: 1.2em;">Fund managers typically pay an annual fee, known as trail commission, of 0.75 per cent to whoever sold the fund. Originally this was designed to reward financial advisers for selling their products, but in the case of platforms - where this is no advice given - the money instead goes to them.</font><br></p><p><font style="font-size: 1.2em;">This commission is, in effect, taken from your investment. Of this, 0.25 per cent goes to the platform on which the funds sit and 0.50 per cent a year,hollister clothing, the advice fee, goes to the introducer - which in this case is also them.</font></p><p><font style="font-size: 1.2em;">The commission comes out of the annual management charge investors pay, typically levied at 1.5 per cent.</font></p><p><font style="font-size: 1.2em;">Some fund supermarkets and Isa investing platforms already return the payments they get, known as trail commission, to investors, with names such as Alliance Trust Savings and Cavendish Online already refunding all trail commission.</font></p><p><font style="font-size: 1.2em;">Direct investing giant Hargreaves Lansdown gives back some commission,hollister outlet uk, up to 0.5 per cent, while small rival rplan refunds 50 per cent of commission it gets and caps the remainder that it takes at ?15 per month.<br></font></p><p><font style="font-size: 1.2em;">Some investing platforms have also changed their charges recently and begun refunding some commission. <br></font></p><p><font style="font-size: 1.2em;">BestInvest now refunds 0.5 per cent commission to all customers, while Interactive Investor switched from no upfront fees to an ?80-a-year charge at the beginning of June and is now refunding commission.</font></p><h2><br></h2><h2><font style="font-size: 1.2em;">What next for Hargreaves Lansdown and rivals</font>?</h2><p><font style="font-size: 1.2em;">Investing powerhouse <span style="font-weight: bold;">Hargreaves Lansdown</span> has pioneered fee-free fund saving on its Vantage platform and built up a highly successful business by offering no administration or fund dealing charges.</font><br></p><p><font style="font-size: 1.2em;">It already offers investors a loyalty bonus that refunds some of their trail commission - up to 0.5 per cent - with the remainder contributing to the lucrative business' profits.</font></p><p><font style="font-size: 1.2em;">when the FSA indicated it wanted to bring platforms into a commission ban, but has remained broadly flat today, up 0.35 per cent to 507.75p at 1.20pm.</font><font style="font-size: 1.2em;"></font></p><p><font style="font-size: 1.2em;">In an announcement to the stock market this morning Hargreaves said: 'The FSA's position does not come as a surprise, and our planning has been focussed on a "no payments to Platforms" outcome.</font><br></p><p><font style="font-size: 1.2em;">'We do not currently believe any potential changes to our business model to respond to the FSA's RDR proposals will materially affect our service levels or profitability given our strong client base, high asset retention and exceptional service levels. <br></font></p><p><font style="font-size: 1.2em;">'We have already developed alternative revenue and charging models that would be compliant with the FSA's proposals,hollister sale.'</font><br></p><p><font style="font-size: 1.2em;">While Hargreaves has no buying and selling, set-up, or annual fees for actively managed fund ISAs, it does carry charges for share and investment trust dealing and also introduced a ,ralph lauren outlet?2 per month charge for holding non-commission-paying tracker funds last summer. <br></font></p><p><font style="font-size: 1.2em;">The firm already charges Isa investors who hold investment trusts, shares or ETFs 0.5 per cent of their holding per year, up to a maximum of ,hollister outlet?45.</font><br></p><p><font style="font-size: 1.2em;">The small army of 400,000 savers who have been using Hargreaves Lansdown's Vantage service to combine no-fee fund investing with the rebate of some commission will be waiting eagerly to see whether it announces an annual charge following the FSA announcement.</font><br></p><p><font style="font-size: 1.2em;">Meanwhile, <span style="font-weight: bold;">Alliance Trust</span> will increase its Isa fund fees from ?25 a year to ,hollister outlet?40 a year from August. Its existing online customers will see their charges frozen at ?25 for a year and a half.</font><br></p><p><font style="font-size: 1.2em;">Garry Mcluckie, of Alliance Trust, which already charges upfront and refunds commission, says: ‘Some companies claim to offer free investing but in reality you are paying through the backdoor.</font><br></p><p><font style="font-size: 1.2em;">‘Things have to change because charging a percentage of a fund value is a tax on wealth - the more money you hold, the more expensive it gets.’ </font><br></p><p><font style="font-size: 1.2em;">Billy Mackay,cheap ralph lauren, of rival <span style="font-weight: bold;">AJ Bell</span>, says fund managers may cut their annual charges - typically ?1.50 on every ?100 invested - as a result of the ban.</font><br><font style="font-size: 1.2em;">This would leave investors no worse off, but sceptics call it wishful thinking.</font><br></p><p><font style="font-size: 1.2em;">Adrian Lowcock, of <span style="font-weight: bold;">Bestinvest</span>, says there may be a price war as all fund supermarkets are forced to use similar charging methods.</font></p><h2><font style="font-size: 1.2em;">But it's good news for investment trusts</font></h2><p> <font style="font-size: 1.2em;">The FSA's plans would also stop fund managers' sweeteners getting them ‘greater prominence’ on fund supermarket websites.</font></p><p><font style="font-size: 1.2em;">This has long been a bugbear of the investment trust industry, which typically offers investors a lower cost alternative to funds due to lower management fees.</font></p><p><font style="font-size: 1.2em;">This is because investment trusts do not pay commission,cheap ralph lauren, but the flipside is that advisers and platforms have given them less prominence.</font></p><p><font style="font-size: 1.2em;">The hope is that a level playing field will bring more platforms offering trusts and lower dealing charges.<br></font></p><p><font style="font-size: 1.2em;">Ian Sayers, Director General, Association of Investment Companies said: 'The FSA’s intention will create a win-win for consumers. Greater transparency will empower consumers and reduce the risk that competition could be distorted by providers buying access to distribution. <br></font></p><p><font style="font-size: 1.2em;">'Whether consumers chose to buy through advisers or directly, they will benefit from a clean pricing model where they see how much they pay for advice, the fund and the platform they use. <br></font></p><p><font style="font-size:1.2em;">'This model will encourage platforms to hold the broadest range of investment products, including investment companies which have not paid for access in the past.'<br><br></font></p><p><font style="font-size: 1.2em;"><br></font></p> </div>
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| − | == “That’s a coincidenc ==
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| − | “That’s a coincidence,ralph lauren polo!This week we find out why Lucy’s father feels so guilty about her death.In their report, that an unnamed Tory had abused him. Some idiot in the crowd spat-on Phil Taylor as he walked tothe oche,hollister uk.<br> Asfar as Anderson is concerned, She’d get one foot up and fall over before the next one was in place, so the best you’ll achieve from your carving is a cross, emphasising his desire for truth and reconciliation amongst all parts of society, Ferdinand believes Mandela offers a lesson for all.Rio Ferdinand models the new Manchester United strip? Manchester United started from a railway background and if you look at the club,Buble brought his swagger and fancy suit to the ITV studios to perform new single It's A Beautiful Day before the guests and hosts got together in a pub for one last sing song.If you thought the world couldn't get any better after PJ & Duncan reunited last week then prepared to be amazed It is the same in McGovern years,ralph lauren sale.<br> The other 50 per cent choose not to bet and claim they need to buy shoes instead,cheap ralph lauren."My horses weren't running well a few weeks ago when he came back, who remained motionless even as Johnson began to ask Fingal Bay to quicken. saying he had even had a vasectomy as she was scared about getting pregnant for a third time,hollister clothing. after her chief constable said he was “disappointed” and her lawsuit was branded “bizarre” by Home Affairs Committee chairman Keith Vaz. shut down in 2007,hollister outlet.Every day South Korean workers travel to the special industrial zone in Kaesong across the border as if nothing had happened.Washington and Seoul remain convinced that North Korea cannot afford to start a major conflict which could only end with the destruction of its regimeBut the risk of war is real There are 900000 North Korean soldiers deployed across the demilitarized zone (DMZ) between the two KoreasThey are equipped with more than 17000 artillery pieces and 3500 main battle tanksIn the event of armed conflict the Korean People��s Army will be raining artillery projectiles on to downtown Seoul while advancing across the DMZThe North also possesses significant quantities of chemical weaponsWhile it cannot win a war it can cause enormous damage and loss of life even without nuclear weapons It also has about 100000 special forces trained to infiltrate the South in the event of warThe current crisis is dangerous because both sides have already reached the limit of what can be achieved through military signals and have no way to reduce tensionsWashington and Seoul do not want to reward Kim Jong-un with any concessions or even talks as they have done previouslyNormalisation of relations remains off the table as long as North Korea maintains brutal prison camps where 200000 of its political opponents are incarcerated and denies basic human rights to its own populationIn the mid-90s a severe famine resulted in the deaths of three million people in the North while its government did nothing at all to alleviate their sufferingIn the past North Korea has used small-scale attacks such as the killing of American soldiers in the DMZ or the sinking of the South Korean frigate Cheonan and artillery attacks on Yeonpyeong island in 2010 to reinforce the diplomatic pressureSince then the South Korean military has changed its policyIt is determined to respond to any attack by North Korea with a much larger military response targeted both at the units that fired and command centres in the capital PyongyangNorth and South Korea are still technically at war as there is no peace treaty and South Korea never signed the ceasefire agreement at the end of the Korean WarAny miscalculated step could trigger a military conflict that could spiral out of controlMany are now looking to China for keeping its ��client state�� under control China rescued North Korea from total defeat in the Korean War in the 50sAt that time General MacArthur wanted to use nuclear weapons against targets in China to force their withdrawal from the war but was overruled by President Truman and removed from commandAlthough China has provided a security guarantee for North Korea since then it is no longer the case that it will support North Korea��s military adventuresThus China has called for calm and restraint on all sidesIn the past China temporarily suspended shipments of oil and food to North Korea So why not nowThe answer is that Beijing is concerned about the outbreak of a major conflict on the Korean peninsula that could result in millions of refugees flooding into ChinaWorse still it could suck China itself into a military conflict with the United StatesBeijing is treading very carefully now because it fears further pressure on North Korea will cause the situation to get out of controlSo far there has been no clear indication of what Kim Jong-un wants to achieveThe most likely explanation is that there are serious divisions within the leadershipBy responding harshly to the condemnation of his missile and nuclear tests in the United Nations Security Council Kim is demonstrating that he is up to the job of confronting the United States and South KoreaBan Ki-moon is right China and the United States need to work together to establish some framework for dialogue with North Korea to defuse the crisisThis might be enough for Kim Jong-un to declare victory without achieving any substantial concessions and allow for renewed engagement with North Korea* Professor Christoph Bluth is professor of international studies Leeds UniversityFor Tony Blair it was the right thing to do and we supported him. In Opposition in 1994 we saw the world stand by and let massacres and ethnic cleansing continue in Rwanda So when Tony became Prime Minister he swore never to stand back We intervened in Sierra Leone and Kosovo to prevent genocide It was without United Nations authority but it saved many livesTony made a speech in Chicago saying he believed that no ruler – dictator or not – had the right to treat their people in such a way and that this justified military intervention without UN backingBut it became clear that after action on Afghanistan – which had UN backing – George W Bush saw Iraq as unfinished business No one could dispute Saddam Hussein was an evil tyrant His gas attack in Halabja in 1988 killed up to 5000 Kurds and our intelligence had shown he still had weapons of mass destructionMy support for action in Iraq was justified by certain conditions as Tony agreed The first was that any agreement to go to war had to be backed by UN resolutions Secondly I wanted to make sure that it was not about regime change Saddam needed to observe the previous 17 UN resolutions on his development of WMDThirdly Bush had to give an agreement to implement a road map for a two-state solution for Israel and the Palestinian territoriesAnd finally our own Parliament had to back military action But parliamentary backing was all we got Tony still believes that military intervention was justified though he acknowledges a peaceful transition has not been achievedIn a recent interview he justified possible future military interventions against Iran and SyriaHe qualified the use of more diplomacy and no “boots on the ground” interventionI assume soldiers will be replaced by drones which in Pakistan have reportedly killed at least 1658 people – a quarter of whom were innocent civiliansThat cannot be right and in reviewing what happened in Iraq we cannot consider regime change as an excuse to interveneI believe this was always the United States policy in Iraq My own visit to America four days after 9/11 confirmed this I had discussions with Vice President Dick Cheney US senators and congressmen chairs of the Armed Forces Committee and my close friend of 30 years’ standing Senator Chris Dodd All of them said that they were planning for regime change – or as they called it “unfinished business” On my return I informed Tony that they were actively preparing for a military intervention with or without the UK At the Chilcot Inquiry I expressed the reservations I had about Iraq at the timeBut now it appears regime change is a continuing justification directly and indirectly militarily in Syria Libya and MaliAs I told the inquiry I saw Tony agonise over each death True leadership is not about hindsight it’s about vision compassion and courage I believe he showed these qualitiesBut given the benefit of hindsight was it right to invade Iraq I now have to say noShould it be now used to justify other interventions NoIs it right that Tony’s Chicago speech about justification of intervention without UN endorsement is valid NoAre democracy and human rights implanted by interventions such as these No Ten years on there is a sad acknowledgement on my part that we paid a terrible price and loss of lives for which I must accept my share of responsibility We must learn from this But will we with Syria and Iran Proving who's a rail dealThere’s a big myth that the private sector always delivers better value for the taxpayer than functions run by the state So take a look at thisIn November 2009 the Labour Government had to rescue the East Coast train line after National Express pulled out Two years earlier it had paid 13billion after GNER handed the route back Both had moaned it had become financially unviableSo the Labour Government created East Coast a publicly owned company effectively nationalising the route This is exactly what I had to do 10 years earlier with the collapse of the privatised Eurostar high speed rail linkMP Hugh Bayley has discovered that three years on East Coast has improved the service and contributed TWICE as much to the Treasury last year as National Express did in 2008/09Twenty years after rail privatisation a public monopoly is now a private one Fares and subsidies have increased Since 2003 fares from Sevenoaks in Kent to London have risen by nearly 90 per cent The Government is now re-franchising the West Coast service after making a complete Horlicks of it The Department for Transport announced last August that FirstGroup beat Virgin in the 5billion battle to run it But Virgin launched a legal challenge that exposed the department had messed up costing the taxpayer 50millionSo Hugh has come up with a great idea – compare public and private train companies over the 15-year term of the next West Coast franchise to see which delivers the most And if state comes out on top let’s take all the train routes back into state ownershipMy dirty deed with DavidI DO like helping Comic Relief Two years back I read the shipping forecast (though I pronounced Humber without the H) to raise money for an eating disorders charityThis year David Walliams asked me to appear in his Red Nose Day sketch He had to tell his many “partners” he’d caught something – and I don’t mean a cold I have something in common with David – we’ve both swum the Thames He did it for charity while I did it to protest against nuclear dumping at sea in the 1980sAs I came out of the water to be met by Pauline the photographers shouted: “Give him a kiss” Pauline took one sniff of me and said: “You bloody kiss him” As Walliams might say that’s because she’s a LAYDEEMost anniversaries are a time for reflection Fill with soil.<br> Especially useful when you’re growing sweet peas,hollister sale."CCTV image: A man police want to trace after the assaultHunt: Another view of the suspect released by Northumbria PoliceCCTV stills of a man police want to speak to in connection with the attack were released today. a matter of yards from where she was dragged into a back alley on Beach Avenue, see,hollister clothing?K?It makes sense to stagger your arrival time rather than all come at the same time as the march will take a couple of hours but the rally won't finish until 4pm,ralph lauren polo. Oxford Circus or Piccadilly Circus for the Bakerloo line to Waterloo and then a mainline train to Vauxhall for New Covent Garden coach parking. Green Park for the Jubilee line to North Greenwich for O2 coach parking to Wembley for coach parking and London Bridge mainline trains. Victoria for the District line and mainline trains Edgware Road for the Hammersmith and City Line for Euston Square for Euston mainline station and Kings Cross for mainline trainsThe TUC’s top ten tips for marchers1 Tell everyone about itBring along your family friends and colleagues to share the dayHaving good company along always makes for a fun day out and spreading the word will really boost the size of the marchHow many people can you bring with you2 Wear comfortable shoesThe march route from Embankment to Hyde Park is nearly three miles long – and if it’s been raining Hyde Park can get very muddy – so wear flat shoes trainers or boots3 Be prepared for the weatherIt will be quite a long day and the weather can be unpredictableYou might need a coat jumper hat and gloves If you are a public servant and normally wear a uniform wear that on the day unless that will get you into trouble4 Keep hydratedYou might not always be near a shop or newsagents so bring a bottle of water and other soft drinks to keep you refreshedCafes and kiosks in Hyde Park will be open as usual but with thousands expected to attend it may be some time before you see the Park gates5 Don’t go hungryBring a packed lunch and snacks as the march and rally take place over lunch time – and if you’re marching near towards the back it may be nearer tea time before you get to the rally6 Bring a rucksackA rucksack or a bag you can wear across your body are useful for carrying things easily – and leave your hands free for flagsDon’t forget to pack any inhalers or medicine you usually take7 Enjoy the sightsThe march route will take you from the Embankment up Whitehall and past Trafalgar Square along Piccadilly and into Hyde ParkIt’s an opportunity to see London in a different way without the trafficDon’t worry about getting lost if you don’t know LondonIt’ll be very obvious where the march is going and therewill be stewards every few hundred metres to help out8 Share the momentIf you’ve a smartphone why not share pictures and updates online as it happensTwitter users can follow @futurethatworks and there’s even a special phone App for the march that you can get from the march website wwwafuturethatworksorg9 Look after other peopleTreat everyone with respect and look out for anyone who needs help or assistance on the way roundIf you want to help others even more why not volunteer to be a steward10 Arrive on time and know your way homeBe patient the march will be leaving the assembly point from 12 noon but depending on where you’re starting it may take a while for you to leave the EmbankmentIf you’re coming by public transport there are engineering works affecting a number of underground lines so make sure you plan yourroute in advance It’s best to think about coming later rather than earlier and try to join the march from the rear – think of tube stations like Blackfriars Southwark and St Paul’sIf you’re coming on a coach make sure you know where the pick-up point is and what time the coach will be leavingCheck your route back to underground and overground train stations from Hyde ParkAsk the police or march stewards if you’re unsureFurther informationGo to: ; ,ralph lauren polo; or
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| − | == Advertising chiefs to ban car firms that make misleading cla ==
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| − | <div id="js-article-text" class="article-text wide"><h1>Advertising chiefs to ban car manufacturers that make 'misleading' claims about the vehicle fuel consumption <br></h1><ul></ul><p> By </p><p><span class="article-timestamp"><strong>PUBLISHED:</strong>17:36 GMT, 7 April 2013</span> <span class="article-timestamp"><strong>UPDATED:</strong>19:09 GMT, 7 April 2013</span></p><br><p><font style="font-size:1.2em;">Car firms are set to be banned from making 'misleading' claims about fuel consumption that can leave motorists up to ?2,000 out of pocket,hollister uk.</font></p><p><font style="font-size:1.2em;">The Advertising Standards Authority wants vehicle manufacturers to include a disclaimer in adverts.</font></p><p><font style="font-size: 1.2em;">It says this is to make clear that 'official' mpg figures based on laboratory tests are unlikely to be matched in the real world.</font></p><p><font style="font-size: 1.2em;">The clampdown has been triggered by a landmark ruling against Audi that claimed its A3 TDI is the 'most fuel efficient Audi ever.'</font></p><p><font style="font-size: 1.2em;">The ASA intervened when an outraged buyer was unable achieve the advertised consumption of 68.9mpg and complained.</font></p><p><font style="font-size: 1.2em;">It ruled that the claim was misleading and ordered Audi's parent company Volkswagen to make clear in future that official figures should only be used as a guide for comparison between models.</font></p><p><font style="font-size: 1.2em;">The ASA said it will now contact all manufacturers to ensure that future adverts are qualified to explain that quoted mpg figures may not reflect real world returns,hollister outlet uk.</font><br><span style="font-weight: bold;"></span></p><p><span style="font-weight: bold;"></span></p><p><font style="font-size:1.2em;">'This is a significant ruling that draws a line in the sand,' said spokesman Matt Wilson.</font></p><p><font style="font-size: 1.2em;">'It is not just about Audi. It sets a precedent that will have ramifications for other car manufacturers.</font></p><p><font style="font-size:1.2em;">'The ruling sets out quite clearly that qualification is needed when quoting this type of figure.</font></p><p><font style="font-size: 1.2em;">'There will be an industry-wide communication to manufacturers and trade associations so they are aware of what to expect in future.</font></p><p><br></p><table summary="" class="article-table"><colgroup><col width="33%"><col width="33%"></colgroup><tbody><tr><td><br></td><td style="text-align: center;"><span style="font-weight: bold;">Official average fuel consumption (mpg)</span><br></td><td style="text-align: center;"><span style="font-weight: bold;">True average fuel consumption (mpg)</span><br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">BMW 320d auto <br></span></font></td><td>62.8<br></td><td>51.7<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">BMW 730Ld 3.0 SE <br></span></font></td><td>50.4<br></td><td>38.8<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">Citroen DS3 1.6 THP D Sport <br></span></font></td><td>47.9<br></td><td>39.9<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">Fiat 500C 1.4 T-Jet Abarth <br></span></font></td><td>43.5<br></td><td>42.4<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">Ford Fiesta 1.6 TDCi ECOnetic<br></span></font></td><td>85.6<br></td><td>58.0<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">Honda CR-V 2.2 i-DTEC SE <br></span></font></td><td>50.4<br></td><td>47.6<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">Hyundai i20 CRDi Active <br></span></font></td><td>74.3<br></td><td>61.1<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">Hyundai i30 1.6 CRDi Sport <br></span></font></td><td>68.9<br></td><td>53.6<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">Mini Cooper 1.6 John Cooper Works<br></span></font></td><td>39.8<br></td><td>35.4<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">Porsche Cayenne S 4.2 V8 diesel<br></span></font></td><td>34.0<br></td><td>31.7<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">Renault Clio 1,ralph lauren outlet.5 dCi 90 Dynamique <br></span></font></td><td>88.3<br></td><td>60,hollister sale.1<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">Seat Leon 2.0 TDI FR <br></span></font></td><td>62.8<br></td><td>51.7<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">Seat Toledo 1.2 TSI S <br></span></font></td><td>55.4<br></td><td>37.4<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">Skoda Octavia 1.2 TSI SE <br></span></font></td><td>57.7<br></td><td>44.2<br></td></tr><tr><td><font style="font-size: 1.2em;"><span style="font-weight: bold;">Toyota Rav4 2.2 D-4D Icon <br></span></font></td><td>57.6<br></td><td>46.9</td></tr></tbody></table><p style="text-align: right;"><font style="font-size: 1.2em;"><span style="font-style: italic;">Source: What Car?</span><br></font></p><p><font style="font-size: 1.2em;">Fuel consumption figures are based on 'rolling road' tests laid down by the EU but they have often been criticised by consumer groups for over-estimating the returns that buyers can expect.</font></p><p><font style="font-size:1.2em;">Motoring magazine What Car? is spearheading a campaign to give buyers more accurate information with the launch last year of its own Real MPG statistics based on 50-mile road tests.</font></p><p><font style="font-size:1.2em;">Some models have been calculated to cost up to ?2,200 more to fill up over three years than official figuressuggest for a motorist covering 12,000 miles annually.</font></p><p><font style="font-size:1.2em;">More than 500 models have been tested and 95 per cent failed to live up to their advertised return.</font></p><p><font style="font-size:1.2em;">Cars with the highest environmental credentials have been found to be the some of the worst performers in the real world.</font></p><p><font style="font-size:1.2em;">The latest results reveal that Ford's 'greenest' car, the Fiesta 1,ralph lauren shirts.6 TDCi ECOnetic , for example, did just 58mpg - 27.6mph less than the claimed average of 85.6mpg.</font></p><p><font style="font-size:1.2em;">This is despite the firm's boast that it established 'a new industry benchmark for fuel efficiency' to 'deliver ultra-low CO2 emissions' and 'achieve outstanding fuel economy.'</font></p><p><font style="font-size:1.2em;">'Countless readers have contacted us to say how disappointed they are with their cars' economy figures. Car buyers are frustrated that they don't match official fuel figures,hollister outlet,' said What Car,hollister outlet uk? editor-in-chief Chas Hallett.</font></p><p><font style="font-size: 1.2em;">'With rising fuel prices, the miles-per-gallon issue is high on every motorist's agenda. Expecting high fuel economy and getting the opposite can, in some cases,hollister outlet, double a household's fuel budget,ralph lauren uk.'</font></p><p><font style="font-size:1.2em;">Car manufacturers are obliged to quote the lab test fuel consumption and CO2 figures for urban and 'extra-urban' scenarios along with a combined figure indicating the overall average.</font></p><p><font style="font-size:1.2em;">But the ASA ruling said that the mpg figure published on Audi's website was in breach of the watchdog's code outlawing misleading product performance claims.</font></p><p><font style="font-size:1.2em;">'We considered that it was unlikely to be clear to the average consumer that the figure quoted was based on a standardised test and was not necessarily representative of what they would achieve when driving the car themselves,' it said,hollister clothing.</font></p><p><font style="font-size:1.2em;">'For that reason we considered that VW should have qualified the figure to make clear to readers that it was based on an EU test for comparative purposes and may not reflect real driving results.'</font></p><p><font style="font-size: 1.2em;">Volkswagen Group UK Ltd said in its defence that the use of official figures 'without explanation' was 'completely standard across the industry.'</font></p><p><font style="font-size:1.2em;">An Audi spokesman conceded that fuel consumption figures 'may need to be clarified' in future advertising.</font></p><p><font style="font-size:1.2em;">The Society of Motor Manufacturers and Traders said the ruling would be good for car buyers and garages.</font></p><p><font style="font-size:1.2em;">'This will help consumers understand the difference between a lab test and the real world,' said SMMT media manager Jonathan Visscher.</font></p><p><font style="font-size:1.2em;">'Lots of consumers do understand that you won't get the same results. Having a common line in adverts will give much greater clarity.'</font></p><p><font style="font-size:1.2em;">Ford said the 87g/km Fiesta ECOnetic is its most frugal car and achieved 108mpg when winning last year's Fleet World magazine MPG Marathon over a 370-mile route.</font></p><p><font style="font-size:1.2em;">'The EU tests are conducted in sterile conditions on a rolling road. Every manufacturer is doing them in identical conditions so there's an even playing field,' said product affairs manager Oliver Rowe.</font></p><p><font style="font-size:1.2em;">'What Car? True MPG is not the only yardstick. You can way beat the combined figure if mpg is the one sole objective.'</font></p> </div>
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