Personal Finance News

One in seven to retire without a pension this year

At least one in every seven (14 per cent) people retiring this year has made no provision for their retirement and will be either totally or heavily reliant on the State Pension to provide a regular income when they retire, according to newly released research. The findings are parts of a unique annual study carried […]

UK’s slowest cities for broadband named and shamed

Hull, next year’s City of Culture has come bottom of a league table revealing average broadband speeds in 42 major UK cities and towns, according to price comparison service uSwitch.com. The data, which shows actual speeds rather than available top speeds – and therefore provides an indication of fibre broadband take up across the UK […]

DIY disasters could cost you dearly this bank holiday

Ahead of the upcoming bank holiday weekend, please see below comment and stats from home insurer Policy Expert around the amount of DIY Brits will be attempting. · 67% of Brits will be doing DIY this bank holiday · 57% are confident in their abilities, but 20% have had a costly disaster in the past […]

A quarter of mobile users wrongly believe it’s free to roam in the EU

Using a mobile phone in EU countries will cost Brits less from the end of this month, as the European Commission (EC) reduces mobile roaming charges further by introducing lower caps on charges for calls, texts and data. However, price comparison and switching service u-switch says people still need to keep a close eye on the […]

Travellers warned to do their homework before exploring new destinations

Comparison website GoCompare is urging travellers heading to unfamiliar destinations to plan ahead and make sure they know the laws of and have the required travel documents and inoculations for the country they are visiting. Intrepid travellers are also warned not to assume that all hotels, retailers and ATMs in the country they are visiting […]

A simple way to slash your overdraft and personal loan interest costs

New research from Moneycomms shows that customers with the big banks could make massive savings on their loan and overdraft costs – simply by making use of the money transfer facility offered by a handful of credit card providers. The money transfer facility is currently offered to new customers by MBNA, Virgin Money and Tesco […]