Personal Finance News

24 Mar

One in five older workers forced to delay retirement due to COVID-19 crisis

Nearly one in five (19%) employees aged between 65-74 have delayed their retirement as a result of the pandemic according to new research from Close Brothers. The figure among those aged 55-64 is also hugely worrying with 14% having had to make the same decision. The report, ‘Expecting the unexpected: a spotlight on preparing for […]

17 Mar

Millions believe they have to pay for a Global Health Insurance Card

New research from Direct Line Travel Insurance reveals that 13.7 million people believe they have to pay for a Global Health Insurance Card (GHIC) – the new replacement for the European Health Insurance Card (EHIC) – despite it being free. With unofficial websites charging around £29 per application, this could mean Brits risk losing up […]

10 Mar

Giving up smoking could save you £16,000 in insurance premiums

People who quit smoking could save up to £16,000 on their insurance premiums, Royal London has found. Non-smokers could be eligible for lower rate premiums if they have not smoked tobacco or used any nicotine replacement products including e-cigarettes for 12 months. No Smoking Day falls on Wednesday 10 March this year. Here are examples […]

9 Mar

Do your homework before choosing a Foreign Exchange (forex) Broker

What to look for in a forex broker If you’re one of the growing number of new forex trader, you’ll need to carry out your business through an online brokerage platform in this digital age. However, choosing a forex broker can be far from straightforward, thanks both to the competitive nature of the market and […]

9 Mar

Business Savings – Four of the Best Notice Savings Accounts for Businesses

If you have some surplus funds in your business current account at the moment but don’t want to lock your cash away for 12 months or more in a fixed rate bond, then a business notice savings account may be the answer. It’s not as flexible as being able to get instant access to your […]

4 Mar

New – Mothers day offers for Amex customers

American Express has teamed up with skincare brand Kiehl’s, online florist Appleyard Flowers, and hand iced biscuit maker Biscuiteers, to reward eligible Cardmembers on their spending this Mother’s Day. Available now, Cardmembers can receive cashback when purchasing that special something for their mother. Whether near to, or far from loved ones this year, take advantage […]

23 Feb

Investec research reveals that only 26 of the top 50 instant access savings accounts are ‘clean’ and don’t have penalties or restrictions

New analysis of the top 50 instant access savings accounts for balances of £5,000, commissioned by Investec, reveals that only 26 of the top 50 instant access savings accounts are ‘clean’ and don’t have penalties, restrictions for withdrawing money, or rely on short-term bonuses to inflate returns.  The corresponding figures for the top 20 and […]

18 Feb

Lockdown savers planning £36bn injection into UK economy when restrictions ease

Britons who managed to save money during the pandemic are planning a £36bn spending spree when restrictions ease, according to new research1. The study, by ethical savings provider Gatehouse Bank, found more than two-thirds (68 per cent) of people have been able to put money away during the pandemic due to reduced expenditure such as commuting and other […]

11 Feb

Brits spend £1.9 billion on lockdown household celebrations

With the first lockdown Valentine’s Day fast approaching, it’s no secret that COVID-19 restrictions have put a halt to many of our plans over the last year. However, new research1 from American Express reveals that over half of Brits (54%) haven’t let lockdown stop the fun, actively celebrating at least two special occasions with household […]