Personal Finance News06 Dec 2017 Introduced in April 2015 the pension changes brought freedom and choice on how to take income in retirement. It means that most individuals, age 55 or over, can now withdraw as much or little income, as and when they like from their defined contribution (DC) pension scheme. It may be tempting to […]
06 Dec 2017 Only 78% of British car buyers say they typically do any research at all before purchasing a car according to a study by car finance provider Black Horse. This is less than buyers researching a holiday (84%) and only slightly more than those who research smaller purchases such as a mobile phone […]
05 Dec 2017 A quarter (24%) of UK SMEs believe that banks have failed to change the way they behave since the global financial crisis in 2008. The survey of UK SMEs from CivilisedBank, the new UK business bank with a Local Banker network, also reveals that over half (55%) of those surveyed believe that […]
29 Nov 2017 With Brexit anxiety, interest rates on the up and house prices expected to stall, the current property market is a minefield for anyone looking to buy in the UK. Despite this uncertain time, the desire for Brits to get on the property ladder is still strong, especially among those in their 20s. A SpareRoom.co.uk survey […]
28 Nov 2017 Homeowners who have been a victim of a break in are two and a half times as likely, as someone who hasn’t, to be targeted again, according to Co-op Insurance’s latest claims data. Furthermore, for those homeowners who are unfortunately targeted a second time, Co-op’s claims data reveals this is approximately 16 […]
28 Nov 2017 More than one in five are saving or investing less because they cannot access advice on how to handle their money, new research for the Nottingham Building Society (The Nottingham) shows. Its study found 21% of adults believe they are not saving as much as they could and would be able to put […]
23 Nov 2017 Home insurance premiums are soaring as rising inflation increases the cost of claims while fraud escalates, new analysis from insurance market experts Consumer Intelligence shows. Average home insurance costs rose 8.5% – nearly three times the 3% rate of inflation for the economy as a whole – in the year to October to £131. Inflation […]
20 Nov 2017 Co-op Insurance is urging motorists to be alert on the roads this Black Friday as its claims data reveals that motor incidents increased by almost a fifth (18%) on this day last year, in comparison to 2015 data. Whilst ‘Black Friday’, due to fall on 24th November this year offers bargains galore to consumers, […]
20 Nov 2017 The average Brit has six jobs in their lifetime, according to new research by Investec Click & Invest released today. However, those aged between 18 and 34 plan to only stay in their current job for an average of three years and four months, which equates to an average of 12.5 jobs […]