90% of savers do not know what the new personal savings allowance is

With just a few weeks to go until the personal savings allowance (PSA) comes into effect, new research from AA Financial Services reveals that 90% of savers don’t know what the allowance is and are struggling to determine where to put their savings after April. Once the PSA was explained to survey respondents, almost half (49%) […]

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People still cautious about their finances despite low inflation

New research from Sainsbury’s Bank reveals that when it comes to their finances, the majority of people don’t feel better off than last year, and their main financial worry is the cost of living going up. Key findings from the research include: 47% of people claim they feel no better about their finances this year […]

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Top tips for protecting your home from the elements

  Top tips for protecting your home from winter weather: Check your boiler and heating system – If you haven’t done so already this year, get your boiler checked and/or serviced by a Gas Safe registered plumber. Roof tiles– Check for any cracked, missing or loose tiles and replace them. If a roof is in disrepair the weight […]

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Four in ten over-60s still “unprepared” for retirement

An alarming number of the UK’s working over-60s population are unprepared for their retirement, according to findings from a new white paper published by wealth management firm Sanlam. The Which Way Forward? report, released a week ahead of the Government’s spring budget, suggests that an increasing ageing population, the demise of generous final salary schemes […]

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Brits now back in the black after Christmas spending

UK consumers are set to be back in the black this week as the balance of their current accounts begin to return to pre-Christmas levels. According to data from TSB, March is the month when the Bank expects shoppers start to get back on top of their Christmas spending, having paid off their Christmas credit card bills […]

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Co-operative Young Driver Insurance saves policyholders over £7.4m in first year of driving

Since it launched in 2011, the Co-operative Insurance has saved its Young Driver policyholders over £7.4m in their first year of driving*. Latest data from the Co-operative Insurance has found that on average its Young Driver policyholders receive £120 back in their pockets in the first year of taking out their policy. The Young Driver […]

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Over-40s caught by mortgage age restrictions

Mortgage and re-mortgage customers in their 40s are being caught by age restrictions, new research for the Nottingham Building Society warns. Its study among mortgage brokers shows nearly two out of five have seen a rise in customers over 40 struggling to be approved for mortgages or remortgages. And the research shows the problems will […]

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Families concerned about rising cost of living

New research to support the launch of Sainsbury’s Bank’s  ‘Family Finance Report’ this week shows that, despite the emergence of green economic shoots and low inflation, the majority of people in the UK are not overly optimistic about their finances when compared to last year. Despite wages increasing by around 2% in the past 12 […]

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Is your credit card a one trick pony?

Two months into the New Year and it feels like deja vu with the credit card companies’ hell bent on pushing interest free cards. One of the downsides of this strategy is that that some of the more versatile credit cards offering a range of flexible features are often overlooked. If you’re considering a new […]

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Average home insurance premium climbs 3.1% in last three months

Home insurance premiums have climbed sharply in the past three months as tax rises take effect, new analysis from insurance market research experts Consumer Intelligence shows. Average premiums have risen 3.1% to £119 in the past three months following the introduction of Insurance Premium Tax increases in November. Consumer Intelligence’s analysis – which is used by […]

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