Personal Finance NewsNew research from Moneycomms shows that customers with the big banks could make massive savings on their loan and overdraft costs – simply by making use of the money transfer facility offered by a handful of credit card providers. The money transfer facility is currently offered to new customers by MBNA, Virgin Money and Tesco […]
More than six out of 10 over-55s worry about the cost of continuing to live in their home city in retirement but want to avoid the hassle of moving, new research* from over-55s finance specialist Key Retirement shows. Its unique study of the cost of living in the UK’s top 20 cities found 62% of […]
Brits will need to tighten their belts ready for this wedding season, with new research from Policy Expert suggesting guests will be shelling out over £600 for each wedding they attend. The average UK wedding guest will be totting up a total spend of £644 on gifts, food, new clothes, accommodation and stag and hen […]
With the children back at school this week after Easter, people will soon be looking ahead to their 2016 summer holidays. Lots of planning goes into getting the cheapest flight and best value hotel for the money, but when it comes to holiday plastic, many people stick with their everyday credit card and are paying […]
New research from Churchill Car Insurance exposes the ‘Jekyll and Hyde’ personality of UK motorists. More than 57 per cent of drivers admit they behave differently when behind the wheel, acting more aggressively than they would normally. Churchill compared displays of aggression on the road with those in person and found that while 31 per […]
Research carried out by Skipton Building Society has revealed that many savers are missing out due to not understanding the rules and financial jargon that are associated with the new PSA and existing types of savings accounts. Of the 2,000 people surveyed, almost half (47%) said they are confused by the rules associated with ISA […]
Research released today by HSBC indicates the UK public may be missing out on financial reward by not seeking professional advice. Of the investments made to-date in 2016, two thirds were arranged without any financial consultation (68%). Over half of respondents planning to make an investment during the remainder of the year are unlikely to […]
The Personal Savings Allowance (PSA) comes into force from the start of the 2016/17 tax year and will reduce the amount of tax paid on savings interest for most people. It is a radical new government scheme designed to encourage people to save more, it is conscious that it needs to incentivise savers at a […]
Saving for retirement to ensure a decent standard of living in later life should be one of the most important financial decisions we adopt from a relatively early age, but people are being put off because pensions have become too confusing. While rock bottom interest rates hasn’t helped our attitude towards savings, the constant meddling […]