Personal Finance News28 Feb 2018 BRITS BRACE THEMSELVES FOR COSTLY SNOW STORM DAMAGE One in ten UK adults have had to make a claim on their insurance policy due to storm damage, a survey of more than 4,000 adults has found This is includes damage to roofs, fences and outbuildings, as well as burst or damaged […]
28 Feb 2018 The latest Government review into pensions auto-enrolment shows 9 million employees are now enrolled into a workplace scheme and employer contributions have been on the rise reaching a record 61% in 2016-to-2017. However, new data from online pension planning tool, Pension Monster, suggests women are still lagging behind when it comes to […]
28 Feb 2018 Research by Moneynet Awards winner Yolt, the money app backed by ING, reveals that 22% – nearly 1 in 4 – of the public now know what Open Banking is. This represents a significant increase from the identical question being asked in Which? research in October 2017, when the same question revealed that 92% of the public […]
23 Feb 2018 The ABI’s ‘Britain Uncovered’ study has revealed that over a quarter of households – 7.5 million – have no contents insurance, leaving possessions worth over £266 billion unprotected and at risk. Commenting on the findings, a spokesman for GoCompare said: “Unlike buildings insurance, which is compulsory with a mortgage, contents cover is […]
21 Feb 2018 The number of UK 18-year-olds who have a profile on Instagram is more than double those who are ready to vote for the first time, new statistics have revealed. The number of people turning 18 who are registered to vote has fallen by 6.09% year-on-year. Just 374,515 youngsters joined the list for […]
20 Feb 2018 New research from Charter Savings Bank shows Cash ISA savers are missing out on transferring their accounts to gain more competitive rates and increased flexibility because they value convenience over better returns and fear the transfer will be too complicated. The research indicates that half of Cash ISA savers aged 55-plus have never […]
16 Feb 2018 Nearly one in four primary school children have used their parents’ card to make purchases and one in five know their parents’ credit or debit card PINs, research from Prudential shows. The study coincides with the introduction of a new free online educational resource, Cha-Ching (www.cha-chingeducation.co.uk), which is designed to improve the financial […]
14 Feb 2018 One in seven young Britons (14 per cent) say they would buy a home with a stranger in a bid to get on the property ladder, according to nationwide research. A new study of 2,000 Brits (aged 18 – 40) by HSBC has revealed the true extent to which buying a property […]
13 Feb 2018 Retired homeowners have gained more than £7,900 each in property wealth in the past year despite uncertainty in the housing market, analysis* from leading over-55s financial specialist Key Retirement shows. Total property wealth owned by over-65s who have paid off their mortgages is near a record high of more than £1.101 trillion […]