The average student now owns almost £4,000 worth of possessions

University students own an average of £3,658 worth of gadgets and other possessions – with 45% of students now owning a tablet, up from 40% last year and 4% in 2011. This is according to new research by Endsleigh, which celebrates its 50th anniversary of insuring students and young professionals this year. Endsleigh’s 2015 Student […]

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Nationwide Building Society doubles account switching incentive for July

The battle between the banks and building societies to bring in more current account customers intensified week when Nationwide Building Society launched an improved £100 Recommend a Friend switching offer. Up until now the offer has been £50 payable to both the Nationwide customer referring a friend as well as £50 for the friend when […]

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Pick the right plastic to carry in your wallet

There are hundreds of credit cards to choose from, each with different attributes, rates and benefits, and this can be confusing for consumers. It’s important to ensure you’re getting the most from your plastic by carrying the right cards, so here are a few pointers on what to look for. If you’re struggling to clear […]

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Brits abroad are still confused over European currencies

As many people are set to head off to Europe for their summer holidays, a new research from travel insurance specialistHolidaysafe.co.uk has shown that many will be packing incorrectly, with one in 10 respondents admitting that they had gone on holiday with the wrong currency. The introduction of the Euro in 1999 made travel in Europe easier […]

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10,000 customers purchase gold from The Royal Mint website starting at just £20

New research from The Royal Mint’s bullion trading website, www.royalmintbullion.com, has revealed that since its launch in September 2014 it has attracted more than 10,000 new customers, many of whom are experiencing for the first time the pleasure of owning precious metals. The Royal Mint’s bullion website was launched with the intention of making buying […]

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One in five pensioners fear spending their savings too fast

More than one in five pensioners are concerned they will run out of money in retirement as they spend their savings to maintain a comfortable lifestyle, according to new research from MetLife. The Cost of Retirement index, which looks at the finances of the UK’s 10 million-plus retired people, reveals the average pensioner household income […]

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Three in five parents pay for children’s motoring

Almost three in five British parents with children aged 17-25 contribute financially to their child’s motoring costs, according to research revealed today by automotive servicing company Kwik Fit.  The average contribution towards these motoring costs is £381 per year, resulting in a total annual cost to the nation’s parents of £2bn. One in five parents […]

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Pensioner property worth a combined £874 billion

Retired homeowners have seen their property wealth grow by more than £12.5 billion in the past three months as house prices continue to climb earning the average pensioner nearly £900 a month, a new report from  over-55s financial specialist Key Retirement shows. Pensioners who own their homes outright have gained an average of £2,680 each from […]

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Tourists waste almost £300 million in hidden card charges abroad

New research from Caxton FX, reveals that consumers are still getting caught out by Dynamic Currency Conversion (DCC), costing British holidaymakers up to an estimated £292 million in debit/credit card charges abroad. DCC occurs whenever someone who is travelling abroad opts to pay for goods, or withdraw cash from an ATM in pounds, rather than the […]

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Don’t forget the cheaper payday loan alternatives

Payday loan providers are finding life tough amid tighter regulation and a cap on charges with major player Wonga recently reporting a £37.3 million loss and warning of an even bleaker picture for the year ahead. Consumers shouldn’t fear the demise of the payday loans industry as there are far cheaper ways to borrow money, […]

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