Less than half of adults aware of the Personal Savings Allowance

A year on from the launch of the Personal Savings Allowance (PSA) only one in six adults have started to save or increased the amount they save, new research* for the Nottingham Building Society (The Nottingham) shows. Its study found that only 17% of adults have taken advantage of the new rules with around two-fifths […]

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Tesco Bank makes changes to current account criteria

Savers have been so desperate to find a decent return on their nest egg that many have, in recent years, made use of generous ‘in credit’ rates available on bank current accounts. When Tesco Bank announced in February this year that it was guaranteeing the 3% interest rate on the first £3,000 on its bank account […]

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Gocompare warns that new rules on displaying last year’s premium may not go far enough

Gocompare is warning that new rules designed to make insurance renewal notices more transparent and prompt customers to shop around may not go far enough, and as such may not have the desired effect of a significant increase in the number of consumers who ‘switch and ditch’ expensive policies. From 1 April 2017, insurers will […]

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Easter Sale: £5 off 16-25 and Family & Friends Railcards

National Rail has announced an ‘egg-citing’ Easter sale – offering £5 off its 16-25 and Family & Friends one-year Railcards. The sale, which will run until Monday 24 April, means 16-25 and Family & Friends Railcards will cost just £25 with the code EASTER5, for a year’s unlimited usage. Railcard owners save an average of […]

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2.4 million pets left vulnerable by the cost of unplanned vet treatment

Tesco Bank has today announced their support for National Pet Month, a nationwide campaign to celebrate pet ownership; To help customers protect their cats and dogs, Tesco Bank is offering all Tesco Clubcard holders 50% off Tesco Pet Insurance Accident and Injury cover in the first year when purchased by 2nd May 2017 New research […]

Co-op Insurance has rewarded young drivers £11.8m since it launched in 2011

Since it launched in 2011, Co-op Insurance has given back over £11.8m to its Young Driver policyholders for driving well over the average policy lifetime** Young driver policyholders, aged 17-25, have clocked up over 820 million miles driving since the insurer launched the first mainstream telematics policy back in March 2011 – amounting to 48,000,000 […]

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Brits sitting on £420m worth of soon-to-be useless money

As the new 12-sided £1 coins come into circulation next week, Gocompare.com Money has found that Britain has a collective £420m worth of soon-to-be useless currency in coin jars and glove boxes. New research commissioned by the comparison site reveals that nearly half (49%) of Brits say they have £1 coins lying around in the […]

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24% of singles believe they will never be financially secure enough to retire

With the constantly rising costs of living, it is clear that many Brits are concerned about how they will ever be financially secure enough to retire. Peer-to-peer lending platform Lending Works surveyed over 1,500 non-retired adults in the UK , whose results you can see on their infographic, and made some concerning discoveries.  There is clearly more of […]

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Millions of UK adults have no savings

New analysis from Santander UK reveals that 10.3 million Brits (20 per cent) have no savings, leaving them exposed to unexpected expenditure. Although the average Brit saves £150 per month, a collective £81.8 billion a year, almost a fifth (18 per cent) save £50 or less. The study, which investigates the savings habits of the nation, reveals […]

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40% of pet owners rely on credit to cover unexpected vet bills

Research shows that 5.2 million UK pet owners did no research before buying their pet, leading many to underestimate the true cost of ownership. Satsuma’s survey, which covered 2000 respondents, found 40% were relying on borrowing or credit to cover unexpected expenses such as Vet bills. Keeping an animal can be an expensive exercise, with […]

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