Author Archive: Andrew Hagger

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Grandparents support family to a tune of £21 billion every year

19 Oct 2018 New research from Charter Savings Bank reveals that 40% (over 5.8 million) of grandparents give their families cash handouts every year worth an average of £1,475 each, as well as the equivalent of one month’s free childcare. Children and stepchildren are the main beneficiaries, receiving £743 a year, while grandchildren collect around £450. […]

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Pensioners set to receive above-inflation pension increase

17 Oct 2018 Today’s publication of the inflation rate for September means that the government now has all the information that it needs to set pension and benefit rates for April 2019.  Under the terms of the pensions ‘triple lock’ policy, the pension has to be increased by the highest of: –          The growth in earnings, […]

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1 in 3 Britons are unaware of how to trace a lost financial product

16 Oct 2018 While losing money is common, with those prone to misplacing things often finding spare change in pockets (66%), bags (37%) and drawers/cupboards (34%), new research from NS&I reveals that 14% of Britons (7 million people) think they may have lost track of a financial product, highlighting the staggering amount of money left […]

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Customers lose up to 13% exchanging unused holiday cash

16 Oct 2018 Holidaymakers are losing up to 13% exchanging unused foreign currency after trips abroad due to the rates on offer from foreign exchange providers, financial data analytics experts Consumer Intelligence warn. One of the biggest gaps between buying and selling rates is offered by the Post Office – customers buying £100.99 of US dollars […]

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Android users claimed to be clumsiest smartphone owners

11 Oct 2018 Android owners are more likely to clumsily crack, crush and smash their devices than iPhone users are, according to new data which has been revealed by gadget insurance provider Protect Your Bubble. More than three quarters of Android and non-IOS users who submitted a claim to the insurance provider cited ‘accidental damage’ […]

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Tandem Bank launches new credit card to help borrowers build their credit record

11 Oct 2018 Tandem Bank, the UK’s leading digital bank, announce the launch of a second credit product, the Journey Card, available through application via the Tandem website. Tandem Bank obtained its banking licence in January 2018 and launched shortly after with their Cashback Credit Card and three market-leading Fixed Saver accounts, along with an advanced […]

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NatWest Launches new £125 current account switcher offer

03 Oct 2018 NatWest is offering a new offer, £125 to new and existing customers switching their main bank account. The limited time offer runs from 3 October 2018 until 3 December 2018. Customers switching to a NatWest Reward current account will also benefit from 2% Rewards on their household bills with an average of […]

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What Goes Into A Credit Score – Explained

03 Oct 2018 New research by credit experts TotallyMoney reveals exactly what goes into credit scores and how they’re calculated, allowing customers to understand better the reasons for any changes to them.  TotallyMoney generates credit scores and reports using data provided by credit reference agency Callcredit. However, what goes into your credit score has largely been […]

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Co-op extends price war by guaranteeing to beat competitors on funeral plans

01 Oct 2018 After upping the ante on the funeral price war earlier this month, the UK’s leading funeral and probate provider Co-op Funerals and Life planning has now announced another wave of measures to further support thousands of bereaved families financially. Co-op is leading  the way in tackling funeral costs, including through its guarantee […]

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Car insurance premiums drop 9.1% in a year

27 Sep 2018 Car insurance price cuts are speeding up with drivers seeing premiums drop by 9.1% in the past 12 months, new analysis from insurance research experts Consumer Intelligence (CI) shows. Its data shows average car insurance bills have fallen to £766 with black box technology – so-called telematics – which rewards safer driving adding […]

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