Personal Finance News

Brits put their credit at risk

13 Dec 2017  Thousands of UK adults have no idea that they are credit checked for financial products, from utility bills, mortgage applications and credit cards, according to a new study from Amigo Loans. The research found that more than 51% of UK adults have never checked their credit score, meaning that thousands could be […]

Nearly half put their Christmas shopping at risk in the car

12 Dec 2017  With shoppers set to spend nearly £700 in total on Christmas this year – £100 more than last year – M&S Bank is encouraging motorists to check their car insurance before heading out Christmas shopping, ensuring the gifts they’ve purchased aren’t at risk from opportunistic thieves this festive season. Research from M&S […]

Variable rate best options for starting the savings habit

11 Dec 2017  All of Yorkshire Building Society’s variable rate savings accounts receive a 0.25% interest boost from Thursday (14 December) and there’s no time like the present to start the savings habit. Variable rate accounts are now a much more attractive option for those looking to build a nest egg Recent research from Equifax […]

More than 8 million people will use an overdraft to cover Christmas costs

11 Dec 2017 With the Christmas period fast approaching, people across the country are already preparing to make changes to improve their finances in 2018. In a recent survey to help promote a better understanding of Basic Bank Accounts, Virgin Money found that one in six people expect the cost of Christmas to mean they are […]

Commuters carry over £500m worth of valuables on TFL network but lose 330,000 of them in a year

11 Dec 2017  Commuters are carrying valuables worth more than £516 million every year, new research from Policy Expert has revealed. 8.6 million people travel across the TFL network, each carrying valuables worth more than £600, with mobile phones, jewellery and wearable gadgets all making the list of the most common items. In addition to […]

Top 5 tips to consider before cashing in your pension

06 Dec 2017 Introduced in April 2015 the pension changes brought freedom and choice on how to take income in retirement. It means that most individuals, age 55 or over, can now withdraw as much or little income, as and when they like from their defined contribution (DC) pension scheme. It may be tempting to […]