Personal Finance News

Over 50s worry about accidents and motoring law when driving abroad

With the roads set to get busy as people once again head abroad for the bank holidays research by Saga Car Insurance shows that a third (28%) of over 50s worry about having an accident when driving abroad and around half are unsure of motoring laws in popular European destinations. The survey of almost 10,000 has […]

First-time buyers still missing out on home deals despite having a deposit of more than 10%

More than one in three first-time buyers have missed out on potential home deals because their deposit was too small and around half had more than 10% of the purchase price saved, new research for the Nottingham Building Society (The Nottingham) shows. Its study found 35% of would-be first-time buyers saw house deals fall through […]

Holidaymakers losing out on valuable cancellation cover by arranging their travel insurance at the last minute

Research from Gocompare.com travel insurance has found that millions of holidaymakers are taking an unnecessary gamble with their holiday costs by ignoring valuable cancellation cover. According to the comparison site, more than half (58%) of the UK holiday makers who purchased their single trip travel insurance through Gocompare.com last year arranged their cover within a […]

Charter Savings Bank launches market leading savings rates

Charter Savings Bank continues to extend its support for savers with the launch of market-leading bond rates. It is raising rates for its 1 Year and 18 Month Bonds by up to 0.09%, further enhancing options for savers across its range, and making them as much as 0.19% higher than at the start of the […]

Energy bills could rise by up to £414 as fixed deals end

Households on a range of fixed energy deals coming to an end this month risk price hikes of up to £414 – a staggering 54% a year – according to uSwitch.com, the price comparison and switching service. Seven suppliers have 16 popular fixed deals expiring on 30 April, after which their customers will be rolled […]

Women over 50 are not making the most of their financial future

A new study has revealed the growing tendency of older people, and in particular women, to frown at the thought of entrusting their money to financial organisations.* The study, by Saga Investment Services reveals that the problem rests with the notion amongst the over 50s that financial companies deliberately complicate issues, with a quarter confessing […]