Personal Finance NewsNew research from Retirement Advantage, the retirement specialist, suggests the UK’s property market may receive a welcome boost from retirees moving house in a bid to bolster their income in retirement. The firm’s survey of over 50s reveals that a quarter (26%) plan to move house when they retire. Of these, almost two thirds (62%) […]
New research on behalf of Compare Cover, the life insurance comparison website, has revealed that almost a quarter of UK adults would be more likely to buy life insurance if it was called ‘Family Protection Insurance’ instead. It seems family really does come first for many Brits after 24 percent of those questioned said […]
Parents are keen to keep control over how any money they leave after they die is spent by their children, new research from Prudential shows. Rising property prices and pension wealth mean that many of the baby boomer generation plan to pass on significant assets to their heirs – and three-quarters (77 per cent) of […]
The number of adults aged 25-34 living with their parents could be set to grow, as property prices continue to rise, according to a new study from Aviva insurance. Analysis carried out by the insurer shows that the number of adults in this age group, living with parents, has risen by 37% over a 10 […]
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 […]
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 […]
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 […]
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 […]
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 […]