Personal Finance News

Switch to contactless cards is hurting charities

18 Oct 2017  The switch to contactless cards is costing charities with nearly two out of five adults admitting they give less to street collectors as they do not carry as much cash, new research from Consumer Intelligence shows. Its nationwide study found 37% who regularly donate money to charity collectors say they have cut back […]

6.4 million consumers have been targeted by fraudsters

17 Oct 2017   New research commissioned by pension provider Phoenix shows consumers release personal data that may leave them vulnerable to fraudsters.  As a result of providing this personal data, the research found that 12% of consumers – up to 6.4 million people – have been targeted by fraudsters. Looking at how fraudsters obtain this […]

Good news for savers as Coventry Building Society increases the rate on its five year Fixed Rate ISA

09 Oct 2017  There is further evidence that savers are starting to be offered better deals as the chance of a Bank of England base rate rise becomes more likely. The latest snippet of positive news comes from Coventry Building Society which is giving both new and existing savers a boost by increasing the interest […]

Pensioners earn £3,500 a month from their homes

09 Oct 2017   Retired homeowners have earned £3,500 a month from their houses in the three months to the end of August as their total property wealth hit a new record high, analysis* from leading over-55s financial specialist Key Retirement shows. Total property wealth owned by over-65s who have paid off their mortgages grew to […]

More than 31 million adults in the UK don’t have a will

03 Oct 2017 Over half (60%) of UK adults are currently without a will, according to new research out today from Unbiased.co.uk. The number of people without a will in the UK is at an all-time high, passing the previous peak in 20112. It means that over 31 million now run the risk of dying intestate […]

Tesco unveils Tesco Pay+

01 Oct 2017 Tesco has announced the launch of Tesco Pay+. The mobile payments app makes the shopping trip more convenient and more rewarding for customers looking to pay using their smartphone. Launched in 2015, the digital wallet service has been progressively rolled out across Tesco’s UK stores, with hundreds of thousands of customers having downloaded and using the app on […]