UK consumers frustrated by poor broadband speeds

Research from comparison site Uswitch.com shows that broadband speeds across the UK are at their fastest at 5am, but slow by more than a fifth by the time the majority of people are using their PC, laptop or tablet at 9pm. The range between best and worst speed varies in different parts of the UK […]

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One in four over 55’s say they can’t afford to give up working

According to recent research from Key Retirement Solutions, over a quarter of UK workers aged 55 or over feel they will never be in a position to give up working completely for fear of not having sufficient money to live on. In a survey of more than 3,000 UK adults, one in four of those […]

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Scottish Friendly calls for extra pension warnings

Scottish Friendly has called for the issue of formal ‘think again’ warnings to be issued to customers wishing to cash in all or part of their pension when the new pension freedoms take effect next month. The savings and ISA provider says that guidance alone from bodies such as Pension Wise and Citizens Advice is […]

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Mortgage repayment an issue for 1 million pensioners

Up to one million people nearing retirement age still owe money on their mortgage, according to a new report. The latest research from LV= looking at the finances of retirees reveals that less than one in four over-50s were planning to seek professional financial advice before they retire. These numbers are worrying ahead of the […]

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Unwelcome price rise for O2 and EE mobile phone customers

Mobile phone giants O2 and EE are hitting customers in the pocket with a 1.1% price increase. The hike in prices comes just over a year since the regulator OFCOM ordered mobile phone providers to allow customers to exit their mobile phone contract without paying any penalty if the cost of monthly their monthly tariff […]

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UK adults admit to ‘wasting’ almost £3000 per year

Three-quarters of UK adults – approximately 38 million people – worry that they aren’t saving enough money – yet many admit to wasting significant sums each month according to research by Standard Life. The average UK adult ‘wastes’ £52 per week, money which they feel could have been ‘saved or better spent’ – totalling £2,704 […]

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More borrowers remortgaging as rates continue to fall

Almost two-thirds of remortgage customers in January switched deals to take advantage of the new lower mortgage rates that are currently on offer, according to research from LMS. The company surveyed customers opting to remortgage at the start of the year and found that almost one in five (19%) homeowners increased the size of their […]

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Peer to Peer average rate tops 5% over the last year

This week a new index was launched that tracks historic returns of major peer-to-peer providers Zopa, RateSetter and Funding Circle. The latest data reveals that peer-to-peer investors have enjoyed an average rate of 5.09% over the last 12 months and an impressive consistent level of return ranging between 4.5% and 6.2% over the previous nine […]

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Half of investors do not know ISA limits

A new survey from The Share Centre found that for those who do not know the ISA limits, nearly a third (30%) under estimate the ISA allowance and one in seven (16%) wrongly over-estimate the limits. Despite this confusion, appetite for tax free investment is high, with over a third (34%) saying they plan to […]

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RBS and NatWest customers to get mobile banking at their fingertips

From 19th February RBS and NatWest customers will be the first of any UK‐based bank to be able to log in to their mobile banking app using only their finger print. Using Apple’s Touch ID fingerprint sensor, RBS and NatWest customers who have an iPhone 5S, iPhone6 and iPhone 6 plus will be able to […]

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