Personal Finance News

3 Apr

UK ‘staycationers’ three times more likely to risk going without insurance

03 Apr 2018  Stay at home holidaymakers are three times more likely to risk going away without insurance than those travelling to Europe, according to a new study released today (date) by Co-op Insurance. Co-op’s new study highlights the current risks that people are taking, as nearly 6 in 10 adults who holiday within the UK […]

28 Mar

Over two million Brits risk a £1,000 MOT fine

28 Mar 2018 In the last five years, millions of drivers have risked a £1,000 fine because they have forgotten to renew their MOT certificates, according to new research from AA Cars, the AA’s used car website. In the first instance those driving without an MOT risk a £100 fixed penalty notice – and then £1000 […]

28 Mar

One in Eight Retiring with No Pension

28 Mar 2018  Nearly one in eight people retiring this year have made no provision for their retirement, including 10 per cent who will either be totally or somewhat reliant on the State Pension, according to new research from Prudential. This leaves them starting their retirement with an income of around £1,452 a year below […]

26 Mar

Pension freedoms – cash is king with 29% withdrawn to simply place in savings accounts…

26 Mar 2018 New research1 from Retirement Advantage sheds light on how consumers have reacted to the pension freedoms, and reveals one in five (19%) people have withdrawn cash from a sense of concern over the regulations changing. 43% of those polled who had used the freedoms to take some cash felt it was nice to […]

23 Mar

Change the clocks and get to the shops: Brits set to hit the high street during British Summer Time

23 Mar 2018 Our high streets are set to see an increase in footfall next week as shoppers take advantage of the lighter nights, according to predictions based on historic transaction data from credit card provider, MBNA. Despite the convenience of online shopping, transaction data shows a trend towards increased high street shopping as we […]

20 Mar

One in five ‘save less because they can’t get financial advice’

20 Mar 2018 More than one in five are saving or investing less because they cannot access advice on how to handle their money, research for the Nottingham Building Society shows. Its study found 21% of adults believe they are not saving as much as they could and would be able to put away an […]

19 Mar

23% increase in opportunistic break-ins as clocks go forward

19 Mar 2018 As Brits prepare to lose an hour of sleep this weekend, Co-op Insurance is urging homeowners to stay alert, in light of its new claims data released today. Data analysed by the Co-op looking at break-ins over the last four years found that burglaries categorised as opportunistic increase by a quarter when […]

15 Mar

Save Water Save Money launches new energy switching tool

15 Mar 2018 Save Water Save Money (SWSM), the global business which specialises in helping people save water, has launched a new energy switching tool, enabling consumers become more sustainable while cutting down their bills across the board. The free tool compares current usage to price plans offered by all gas and electricity providers, giving […]

14 Mar

Multiple Cash ISAs Don’t Add Up For Savers

14 Mar 2018 New research from Charter Savings Bank reveals multiple Cash ISAs are not adding up for savers, who are risking leaving their money to stagnate in low interest rate paying accounts. Its study found one in five of savers aged 55 plus have five or more Cash ISA accounts, but less than half […]