Personal Finance News15 Oct 2019 Almost a third (29%) of UK adults spend an average of £120 a year paying for unwanted policies, subscriptions, and memberships that they haven’t cancelled, according to new research by online bank Marcus by Goldman Sachs. Online subscription services (32%) are the most frequently forgotten subscriptions and policies to cancel, followed by gym […]
14 Oct 2019 Seventy per cent of homeowners admit to ignoring property problems, because they’d rather spend their time and money on other things, according to new research from Aviva. The recent study of 2,000 homeowners shows property maintenance is way down many people’s priority lists. Aviva found: More than a quarter of homeowners (27%) […]
07 Oct 2019 With half term fast approaching, Caxton, the international payments and foreign exchange specialist, is urging customers to buy their currency early and avoid the Halloween horror exchange rates at the airport. Exchange rates can prove confusing, but some people don’t appreciate exactly how much impact their last-minute currency purchase can have on […]
30 Sep 2019 Just 23% of UK employees have made a current will, according to the Financial Wellbeing Index from Close Brothers. This means that up to 25 million UK workers may not have taken this crucial step to protect their financial health and to provide for their loved ones. This number rises to almost half […]
25 Sep 2019 Stamp Duty, home improvements or immediately starting to pay down their new mortgage are all ways homebuyers would spend cashback from lenders, Leeds Building Society has discovered. The Society carried out national research* into mortgage cashback deals to find out whether borrowers valued this option and how they would spend this cash, […]
20 Sep 2019 New European legislation brings in Strong Customer Authentication (SCA) to limit the amount of contactless payments someone can make, in an effort to reduce instances of fraud. Strong Customer Authentication (SCA) came into force on 14 September 2019 to help prevent fraud £108m is potentially lost from fraud in the UK, as […]
16 Sep 2019 Christmas may be 100 days away but 39% of people have yet to start saving for the festive period, according to research conducted by Leeds Building Society. As part of its ongoing efforts to understand the savings habits and attitudes of UK adults, the Society ran a national YouGov survey to find […]
12 Sept 2019 NatWest is offering £150 to new and existing customers switching their main bank account. The limited time offer runs until 6 December 2019. NatWest’s Select account has no monthly fee and also has the benefit of GetCash which enables customers to withdraw money from a cash machine without their bank card using […]
11 Sep 2019 Making sense of the many complicated inheritance tax rules can be tricky and an added challenge at an already testing emotional time. The Office of Tax Simplification has proposed a radical shake-up, recommending that the seven-year gifting rule should be cut down to five years along with simplification of the link between IHT and […]