Personal Finance NewsTwo 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 […]
The financial stresses and pressures of self-employment are taking their toll on family life, according to the latest report from Scottish Widows’ think tank, the Centre for the Modern Family. Findings of ‘Self-employment and the Family’ show that one in five relatives of a self-employed worker (20%) report increased stress levels in their household due […]
More than a third (35%) of UK broadband users who’ve experienced a period of internet access when they tried moving providers in the past say the thought of being without internet has put them off doing it again, according to new research by uSwitch. Yet those consumers are missing out on collective savings of £327 […]
Coventry Building Society is giving customers the ability to compare its savings accounts with competitor products on its own website – the only major UK savings provider to do so. Customers can compare similar products across the whole of the market – on areas including the interest rate, the amount they can save and how […]
Research from Equifax, the consumer and business insights expert, reveals that 90% of Brits have not heard of the Open Banking initiative, with 45% of respondents then going on to say that they are not likely to use Open Banking when it becomes available. When asked about sharing personal data through Open Banking, 60% said […]
The latest figures for the Current Account Switch Service published this week show that over 3.5m (3,520,190) successful switches have taken place since the service launched in 2013. During the last 12 months (1 January 2016 to 31 December 2016), a total of 1.01 million switches were completed, with 208,387 switches recorded in the last quarter […]
New research by Onbuy.com/gb has analysed data conducted by AXA Insurance to establish which cities are most at risk of debt in 2017 – with Brighton,Cardiff and Newcastle struggling the most. Onbuy.com/gb looked to assess and evaluate how long cities will take to repay their debts – with Belfast taking the longest at 6.5 weeks […]
By Emma Huntington, Managing Director of Zurich FutureYou Keep on track by getting organised With so many bills to pay each month, it can be stressful keeping up with how much is coming in and out of your account. You can keep up-to-date by creating a spreadsheet. Having a document that lists everything in one […]