Personal Finance News

23 Oct

Independent Age launches Christmas Calculator

23 Oct 2017  Independent Age, the older people’s charity, has just launched its first ever online Christmas Calculator to help older people and their families budget for Christmas. For older people on a fixed income, the festive season can be a difficult time of year. Many people want to be able to buy gifts for their […]

23 Oct

M&S to enter the mortgage market

23 Oct 2017 M&S Bank has just announced that it plans to offer mortgages to personal customers from early 2018. Sue Fox, CEO of M&S Bank, said: “Since launching as a bank just five years ago, the M&S current accounts have proven incredibly popular with customers who want a transparent bank account, with no overdraft […]

18 Oct

Switch to contactless cards is hurting charities

18 Oct 2017  The switch to contactless cards is costing charities with nearly two out of five adults admitting they give less to street collectors as they do not carry as much cash, new research from Consumer Intelligence shows. Its nationwide study found 37% who regularly donate money to charity collectors say they have cut back […]

18 Oct

6.4 million consumers have been targeted by fraudsters

17 Oct 2017   New research commissioned by pension provider Phoenix shows consumers release personal data that may leave them vulnerable to fraudsters.  As a result of providing this personal data, the research found that 12% of consumers – up to 6.4 million people – have been targeted by fraudsters. Looking at how fraudsters obtain this […]

9 Oct

Good news for savers as Coventry Building Society increases the rate on its five year Fixed Rate ISA

09 Oct 2017  There is further evidence that savers are starting to be offered better deals as the chance of a Bank of England base rate rise becomes more likely. The latest snippet of positive news comes from Coventry Building Society which is giving both new and existing savers a boost by increasing the interest […]

9 Oct

Pensioners earn £3,500 a month from their homes

09 Oct 2017   Retired homeowners have earned £3,500 a month from their houses in the three months to the end of August as their total property wealth hit a new record high, analysis* from leading over-55s financial specialist Key Retirement shows. Total property wealth owned by over-65s who have paid off their mortgages grew to […]

3 Oct

More than 31 million adults in the UK don’t have a will

03 Oct 2017 Over half (60%) of UK adults are currently without a will, according to new research out today from Unbiased.co.uk. The number of people without a will in the UK is at an all-time high, passing the previous peak in 20112. It means that over 31 million now run the risk of dying intestate […]

1 Oct

Tesco unveils Tesco Pay+

01 Oct 2017 Tesco has announced the launch of Tesco Pay+. The mobile payments app makes the shopping trip more convenient and more rewarding for customers looking to pay using their smartphone. Launched in 2015, the digital wallet service has been progressively rolled out across Tesco’s UK stores, with hundreds of thousands of customers having downloaded and using the app on […]

1 Oct

Yorkshire Building Society launches best buy five-year fixed rate mortgage

01 Oct 2017 Borrowers looking to fix their home loan for a longer period can benefit from Yorkshire Building Society’s new five-year deal, which is currently the lowest five-year fix available on the market for house purchases. Available from Thursday 28 September, the 1.55% five-year offering, which has a £1,495 fee, is available to both […]