Personal Finance News

More than one in seven set to retire in 2015 with no pension

More than one in seven people planning to retire this year have no pension savings, and will either be totally or heavily dependent on the State Pension as their only source of regular retirement income, according to research by Prudential. In its study tracking the future plans of people who plan to retire this year, the insurer […]

Public backs lower drink drive limits for young drivers

New research from Direct Line Car Insurance reveals 50 per cent of UK adults are in favour of a ‘tiered’ drink driving system, which imposes lower limits for young and novice drivers. The UK’s ‘universal’ approach to drink driving limits contrasts markedly with many other leading European nations including Germany, Spain, Italy and the Netherlands, […]

Four out of ten people have extended their home in the last two years

Extending living space has become increasingly attractive to Britain’s homeowners over the past couple of years.  New findings from Sainsbury’s Home Insurance indicates extensions to the rear and side of properties have been the most popular kind of residential extension over the past 24 months, with almost a third (31%) people who have extended their […]

Brits oblivious to euro crisis

With over half of the UK population planning one or more European holidays this year, new research from pre-paid currency card company, Caxton FX, reveals that Brits are clueless when it comes to their knowledge of the current state of the Euro. Over half (52 per cent) did not feel that instability within Europe would […]

Pension reforms one month on – more online help for consumers

At the beginning of April the media went into overdrive speculating what would happen when people were given greater access to their pension cash, but it seems that the scare stories of people splurging their pension pot on fast cars and expensive holidays were well wide of the mark. Having spoken to some of the […]

Bad credit freezes millions of Brits from everyday life

About six million Britons are being excluded from everyday life because of their credit histories, according to research* conducted on behalf of the Debt Advisory Centre. People with poor credit scores are struggling to secure a home, open a bank account, get car insurance or a mobile phone contract, the research revealed. Some 2.7 million people […]