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Research claims Brits in their 30s are the savviest savers

Andrew Hagger | November 15, 2018

15 Nov 2018 New research from Charter Savings Bank reveals that those in their 30s are the savviest savers, setting aside 58% of their disposable monthly income each month – 16 percentage points more than the national average of 42%. The average monthly disposable income for a 30-something is £486 (after paying bills), and the amount […]

8.4 million renters don’t have any contents insurance

Andrew Hagger | November 15, 2018

15 Nov 2018 Across the UK there are currently 14.8 million renters and new research from Sainsbury’s Bank Home Insurance indicates that over half, 8.4 million of them are leaving themselves unprotected by not having home contents insurance in place. Of those renters who do have contents insurance, less than one in five (16%) take the time to […]

Energy companies owe customers £1.17 billion in overpaid bills

Andrew Hagger | November 13, 2018

12 Nov 2018 Millions of gas and electricity customers who have overpaid their bills are owed on average £84.80 by their supplier, according to new research by weflip, the automatic energy switching service. The research reveals that 51% of UK households have overpaid their energy by on average, £84.80, while 12% of customers have made […]

Kids to receive £45 in cash gifts this Christmas, and they’ll be saving 30% of it

Andrew Hagger | November 7, 2018

07 Nov 2018   A comprehensive new study by RoosterMoney, the pocket money tracking app, has revealed that kids have been saving 30% of their pocket money so far this year. An encouraging sign compared to the Money Charity’s latest stats showing that the average household is now only saving 4.4% of post-tax income, down from […]

One in ten say they moved home after a burglary

Andrew Hagger | November 7, 2018

06 Nov 2018  More than one in 10 Brits moved home after being burgled, according to a study by home insurer Policy Expert Over 2.7 million homes in the UK have been robbed in past year Revealing the psychological impact of burglary, a third (32%) had difficulty sleeping after the crime took place and almost […]

80% of JISA investors keep kids and young adults ‘in the dark’ over savings

Andrew Hagger | November 1, 2018

01 Nov 2018 More than 80% of parents and relatives have been investing in JISAs for children or young relatives since they were less than five years of age. However, nearly all plan to wait until their recipients are 16 or over before telling them they have money invested, a new survey by Willis Owen reveals. […]

Workers urged to bank income tax savings announced in the budget

Andrew Hagger | October 31, 2018

31 Oct 2018 Yorkshire Building Society is urging UK tax payers to increase their financial resilience by cashing in on the Chancellor’s Budget income tax giveaways and saving the money they would have had to pay to the Inland Revenue. Chancellor Philip Hammond announced on Monday that the Personal Allowance will rise to £12,500 from […]

TotallyMoney Hits One Million Free Credit Report Customers in last year

Andrew Hagger | October 31, 2018

31 Oct 2018 Credit experts and FinTech scale-up TotallyMoney have asserted their position as key players in the credit report industry by acquiring over one million Free Credit Report customers since its launch last year. The rapid growth has been largely attributed to an array of features that have made a debut appearance in the credit report […]

Daylight saving leaves millions of homeowners in the dark about opportunistic thieves

Andrew Hagger | October 26, 2018

26 Oct 2018 As the clocks go back, the winter nights draw in, home insurer Policy Expert urges homeowners to be vigilant and take precautions to protect their homes. The warning comes as new research of almost 4,000 people found that 28% of workers get home past 6pm. There are approximately 32.4 million workers in […]

Winter holidaymakers warm up to prepaid cards

Andrew Hagger | October 23, 2018

23 Oct 2018 Holidaymakers are warming up to prepaid cards for overseas spending as the switch from cash continues, new research from financial data analytics experts Consumer Intelligence shows. More than 27% of people heading abroad for winter holidays this year plan to use prepaid cards for some of their spending compared with 23% who […]