Five million over 50s poised to switch banks if their local branch closes

With reports suggesting that almost 500 high street banks are set to close in 2017, research by Saga has revealed that 5.5 million (25%) over 50s will be forced to switch their account if their local branch disappears. In the survey of almost 10,000 over 50s, half (50%) said that banks should not be allowed to […]

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Pet owners worry about risk of not being insured

More than half of pet owners believe not having insurance is too risky given the potential costs for treatment they could face, new research from insurance market experts Consumer Intelligence shows. Its nationwide study found 53% say not insuring their pet is too big a worry despite concerns about the different policies available and the terms […]

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Over 50s worry about accidents and motoring law when driving abroad

With the roads set to get busy as people once again head abroad for the bank holidays research by Saga Car Insurance shows that a third (28%) of over 50s worry about having an accident when driving abroad and around half are unsure of motoring laws in popular European destinations. The survey of almost 10,000 has […]

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First-time buyers still missing out on home deals despite having a deposit of more than 10%

More than one in three first-time buyers have missed out on potential home deals because their deposit was too small and around half had more than 10% of the purchase price saved, new research for the Nottingham Building Society (The Nottingham) shows. Its study found 35% of would-be first-time buyers saw house deals fall through […]

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Holidaymakers losing out on valuable cancellation cover by arranging their travel insurance at the last minute

Research from Gocompare.com travel insurance has found that millions of holidaymakers are taking an unnecessary gamble with their holiday costs by ignoring valuable cancellation cover. According to the comparison site, more than half (58%) of the UK holiday makers who purchased their single trip travel insurance through Gocompare.com last year arranged their cover within a […]

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Charter Savings Bank launches market leading savings rates

Charter Savings Bank continues to extend its support for savers with the launch of market-leading bond rates. It is raising rates for its 1 Year and 18 Month Bonds by up to 0.09%, further enhancing options for savers across its range, and making them as much as 0.19% higher than at the start of the […]

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Energy bills could rise by up to £414 as fixed deals end

Households on a range of fixed energy deals coming to an end this month risk price hikes of up to £414 – a staggering 54% a year – according to uSwitch.com, the price comparison and switching service. Seven suppliers have 16 popular fixed deals expiring on 30 April, after which their customers will be rolled […]

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Women over 50 are not making the most of their financial future

A new study has revealed the growing tendency of older people, and in particular women, to frown at the thought of entrusting their money to financial organisations.* The study, by Saga Investment Services reveals that the problem rests with the notion amongst the over 50s that financial companies deliberately complicate issues, with a quarter confessing […]

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Sainsbury’s Bank expands into mortgages

Sainsbury’s Bank is launching mortgages especially designed and developed for the Sainsbury’s customer. The bank will offer residential home purchase mortgages and remortgages for first time buyers, lending into retirement for certain customers and for the self-employed, across the whole of the UK. The range of fixed and variable rate products offers flexible features that allow overpayments, underpayments, […]

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Is it time to ditch your bank and switch to a better current account?

Does it annoy you that your bank doesn’t pay you interest when you’re in the black, or that it charges you the earth if you go slightly overdrawn? – If the answer’s yes then maybe it’s time to up sticks and sign up for a more suitable bank account. With the official Current Account Switch […]

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