Personal Finance News

5 Oct

Parents devoted to junior cash ISAs have missed out on up to £13.5bn in potential returns over the past decade

Parents saving for their children in junior cash ISAs have missed out on up to £13.5bn in potential returns over the past decade. A new study by Scottish Friendly and the Centre for Economics and Business Research reveals parents who saved into a cash version of the popular tax-free savings account have lost out on […]

24 Sep

Family or fortune? 23 million Brits check in on their bank accounts more often than their family

Recent research from RCI Bank, the digital savings bank, has found that over two fifths (44%) of UK adults are more likely to check on their bank account than they are their family and friends. A quarter (25%) monitor their bank balance at least once a day, whilst only 17% say they check in with family […]

24 Sep

Four Investing Mistakes the Ultra-Wealthy Don’t Make

Buying stocks and making investments is becoming more popular in the UK, particularly as many people found themselves with extra time on their hands during the pandemic. Investing can be a great way to supplement your income or prepare for retirement. However, not all investments pay off and a poor choice could cost you a […]

15 Sep

Two in five people retiring this year fear they won’t have enough money to last through retirement

Two in five (37%) people retiring this year are worried they won’t have enough money to last through retirement, according to research by abrdn. Overall, just two in five (39%) of those planning to retire this year feel very confident that they are financially ready. Within this, women feel less financially ready to retire than […]

8 Sep

More than 11.6 million have had inheritances but they’ve had to wait till 47

More than 11.6 million people in the UK have received an inheritance in the past 10 years with the average age at which people receive this windfall sitting at 47 years old, new research* from the UK’s leading equity release adviser Key shows. More than one in five (22%) adults have received money as an inheritance rising […]

2 Sep

American Express Offers £200 back when spending at fine dining restaurants with The Platinum Card

American Express has launched an enticing new Offer for food-lovers, giving Platinum Cardmembers up to £200 in statement credits when spending at top restaurants, in the UK or internationally, before 31 December, 2021. Cardmembers simply need to save the newly-launched Offer to their Card via the Amex App or online at www.americanexpress.com/en-gb/ and choose from the globally […]

26 Aug

More than 20 million Brits will take on DIY jobs this weekend

Almost two in five Brits (38%) plan to dust off tool kits and pick up paintbrushes as they take on DIY jobs this weekend, according to new research by Shawbrook Bank Personal Loans. Despite the predicted bank holiday sunshine, more than 20 million UK adults will be staying indoors to tick off niggling DIY tasks […]

25 Aug

UK’s self-employed fear mortgage misery

Self-employed people are pessimistic about their chances of securing a mortgage while four in ten say they have been forced to turn their backs on being their own boss to improve their chances according to the latest research by The Mortgage Lender. The research among 1,000 UK-based self-employed people, who either own their home or […]

24 Aug

Aviva Fraud Report – half of internet users don’t trust online ads

Aviva is calling for greater consumer protection from online financial fraud by urging government to include financial scams promoted by paid-for adverts in the scope of the Online Safety Bill. The Aviva Fraud Report – which launched today and investigates fraud and financial scams relating to pensions, savings, investments, and insurance – has found consumers […]