Building Society claims that savers are confused by new jargon

Research carried out by Skipton Building Society has revealed that many savers are missing out due to not understanding the rules and financial jargon that are associated with the new PSA and existing types of savings accounts. Of the 2,000 people surveyed, almost half (47%) said they are confused by the rules associated with ISA […]

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UK public in need of financial advice

Research released today by HSBC indicates the UK public may be missing out on financial reward by not seeking professional advice. Of the investments made to-date in 2016, two thirds were arranged without any financial consultation (68%). Over half of respondents planning to make an investment during the remainder of the year are unlikely to […]

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Make the most of your new Personal Savings Allowance

The Personal Savings Allowance (PSA) comes into force from the start of the 2016/17 tax year and will reduce the amount of tax paid on savings interest for most people. It is a radical new government scheme designed to encourage people to save more, it is conscious that it needs to incentivise savers at a […]

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Pension confusion is stifling the long term savings culture

Saving for retirement to ensure a decent standard of living in later life should be one of the most important financial decisions we adopt from a relatively early age, but people are being put off because pensions have become too confusing. While rock bottom interest rates hasn’t helped our attitude towards savings, the constant meddling […]

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