Personal Finance News

Brits more likely to insure their phones than their health

23 May 2018 Brits are woefully under-protected should serious illness strike, according to new research from Scottish Widows. Despite more than a fifth (21%) of people admitting their household wouldn’t survive financially if they lost their income due to long-term illness, fewer than one in 10 have a critical illness policy. People are, in fact, […]

Term-time holiday costs rise £700 in 2 years

21 May 2018 An investigation comparing two years of summer holiday prices has revealed that families taking kids out of school to avoid summer holiday price hikes are also being penalised with prices inflating as much as 32% for term-time holidays, travel currency expert FairFX has revealed.​ As part of FairFX’s long-running campaign investigating the school holiday […]

British drivers set to save £1.8bn thanks to first MOT repair calculator

18 May 2018 UK motorists could save £1.8bn thanks to the first ever MOT test repair cost calculator for drivers ahead of the new MOT changes, which come into effect on 20th May. To help motorists estimate MOT repair test costs, has created the first online calculator where drivers enter in their postcode and find out how […]

Safeguard your garden from thieves and vandals this spring

11 May 2018 M&S Bank research reveals that a third of people with a garden shed admit to leaving it unlocked, with nearly one in five (17 per cent) saying they never secure it, despite the contents of a typical shed being valued at £550 on average. More than 15 per cent of respondents revealed that […]

70% of UK consumers now use an app to manage their finances

10 May 2018 Research by Yolt, the money app backed by ING, claims that 70% of UK consumers now use a financial app to manage their finances – a figure which rises to 89% of millennials. A marked increase from 2016 research which, showed nearly 40% of adults used apps to manage their money. The Yolt research […]

One in five UK adults have lost track of a pension

09 May 2018 New research by wealth management group Tilney reveals the extent to which many peoples’ retirement preparations are in disarray, with nearly one in five UK adults admitting they have lost track of at least one pension pot. This is a problem exacerbated by changes in the employment market with few people now […]