Personal Finance NewsWith excitement revving up for the release of ‘17’ number plates on 1 March, buying a car is a significant purchase. A new study from American Express® has found that 19% of adults will spend an average of £11,094 buying a brand new or second hand car this year, equating to a bumper £108 billion across […]
The biggest home running cost for most people is gas and electricity, just as the biggest car running cost can be fuel, according to AA Home Services. Today the AA launches a radical new boiler cover and energy switching service, which guarantees to save members £200 on their gas and electricity costs and non-members £150. […]
Aspirations for dream homes and cars are not just for the young, many of us live this dream after we turn 50 by carrying out major spending on homes, cars and holidays*. Part of this could well be driven by retirement as almost half of people say they notice more repairs that need to be […]
Britons haven’t lost their appetite for saving – despite the current low interest rate environment and economic uncertainty over issues such as Brexit. A survey conducted by one of the UK’s leading building societies, the West Brom, shows that 72 per cent of the nation still class themselves as regular savers. Out of more than […]
The Government’s new Lifetime ISA is set to be a hit with parents and grandparents who are keen to get younger generations into the saving habit, according to new research by The Share Centre. The Lifetime ISA, which will be available from 6 April 2017, is a new type of saving account aimed at 18- […]
Thousands of homeowners could unknowingly be living in a high flood risk area, significantly increasing their chances of unexpected and costly damage, new analysis from home insurer Policy Expert has revealed. Of the 5,443 people surveyed, almost half (44%) did not know whether they lived in a flood risk area. This is despite the fact […]
Making small sacrifices, such as cutting out your daily cappuccino, could transform your finances, according to figures calculated by Fidelity International. By simply ditching your daily shop-bought coffee at £2.50 a day, five days a week, you can easily find £50 a month to invest in an ISA. And growing even that apparently small sum […]
Two thirds (64%) of 18-25 year olds in the UK now use a mobile wallet, according to research released today by social money transfer app Moneymailme. The research reveals that 48% of 18-25 year olds believe that physical money will be obsolete within 20 years, while more than a third (38%) say that we will […]
The over 50s believe that pensions are the best way to save for a comfortable income in retirement, and have more confidence in pensions to provide security and good returns over other products, according to research from Retirement Advantage and YouGov. Well over half (61%) of over 50s surveyed (who have a pension) say they […]