Personal Finance News06 Jun 2018 With much written about the lack of loyalty younger adults show towards brands, new research has revealed quite the opposite when it comes to sentiment towards financial services companies. The findings from the Nottingham Building Society, which is celebrating a year of rewarding loyal members, reveal those aged 55 and over seeing the […]
31 May 2018 New figures from personal loan provider, Hitachi Personal Finance, have revealed a significant increase in the number of loan applications in motoring, home improvements and leisure over the previous three years. The lending data shows an increase of 94% in motoring loan applications and 4% in home improvements. Average loan amounts have also […]
30 May 2018 A fifth of people with pensions in the UK (20%) have no idea who will inherit their pension pot when they die, according to research released by Scottish Widows. Surprisingly, 17% of divorcees don’t know who stands to inherit their pension, even though this could be their ex-partner. This figure rises to […]
29 May 2018 Aviva, the UK’s largest insurer, has reported a 5.4% increase in the value of detected fraud in 2017, worth £90m (2016: £85m) – or £246,000 of fraud every day. This increase has been driven by a 6.3% growth in the number of fraudulent claims Aviva detected. This is the second consecutive year […]
23 May 2018 Brits are woefully under-protected should serious illness strike, according to new research from Scottish Widows. Despite more than a fifth (21%) of people admitting their household wouldn’t survive financially if they lost their income due to long-term illness, fewer than one in 10 have a critical illness policy. People are, in fact, […]
21 May 2018 An investigation comparing two years of summer holiday prices has revealed that families taking kids out of school to avoid summer holiday price hikes are also being penalised with prices inflating as much as 32% for term-time holidays, travel currency expert FairFX has revealed. As part of FairFX’s long-running campaign investigating the school holiday […]
18 May 2018 UK motorists could save £1.8bn thanks to the first ever MOT test repair cost calculator for drivers ahead of the new MOT changes, which come into effect on 20th May. To help motorists estimate MOT repair test costs, WhoCanFixMyCar.com has created the first online calculator where drivers enter in their postcode and find out how […]
11 May 2018 M&S Bank research reveals that a third of people with a garden shed admit to leaving it unlocked, with nearly one in five (17 per cent) saying they never secure it, despite the contents of a typical shed being valued at £550 on average. More than 15 per cent of respondents revealed that […]
10 May 2018 Research by Yolt, the money app backed by ING, claims that 70% of UK consumers now use a financial app to manage their finances – a figure which rises to 89% of millennials. A marked increase from 2016 research which, showed nearly 40% of adults used apps to manage their money. The Yolt research […]