- Tuesday, January 24, 2012, 13:04
- Featured, Savings and Investments
If you have decided that 2012 is the year you're finally going to kick your finances into shape, then getting into the savings habit will be a big part of the process. Don't think that sorting out your money needs to be too daunting a task though,
Sian's got some great tips on ...
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More than half of British families are putting themselves at risk by failing to make adequate arrangements for their financial future, according to a new survey.
The Future of Retirement: Why Family Matters Report from HSBC found that 48% of UK parents currently have no life insurance, while 59% of childless adults are in the same ...
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More than four out of 10 middle-income earners consider themselves to be “poor”, according to a survey by MyVoucherCodes.co.uk.
Some 44% of workers earning between £25,000 and £50,000 questioned for the study said they did not feel comfortably off, while 61% of people in the lower income bracket, those earning between £0 and £24,000, said they ...
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The amount of money Britons leave to their relatives will increase fivefold by 2047 before falling back sharply in the following 15 years, according to a new study.
HSBC’s Age of Inheritance report found the amount of inheritance left to loved ones will rise from £194 billion in the current decade to £1.1 trillion ...
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The government is planning to bring forward an increase in the state pension age which could see workers currently in their forties having to work at least an extra year before retiring.
Ministers already planning to raise the retirement age to 66 for men and women by 2020, have hinted that they would like ...
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- Thursday, September 1, 2011, 11:55
- Economy, Savings and Investments
UK house prices fell by 0.6% in August, more than reversing the 0.3% gain made in July, according to the latest monthly survey from Nationwide.
The fall, the fastest since October last year, means the price of the average UK home fell by £2,817 to £165,914 last month, 0.4% lower than this time last year.
Economists polled ...
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- Wednesday, July 27, 2011, 9:33
- Savings and Investments
Children are getting a raw deal from banks and building societies, according to new study from Which?.
The consumer group found that half of children’s easy access accounts currently on the market pay a somewhat modest return of 1% AER or less.
The First Trust Bank’s Junior Saver account offered a risible return of just ...
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- Monday, July 11, 2011, 12:47
- Savings and Investments
Paltry interest rates from high street lenders persuaded savers to invest and extra £1.5 billion in Premium Bonds last year, according to National Savings & Investments (NS&I).
Although the amount put into NS&I fixed-rate bonds fell dramatically by £2.6 billion between April 2010 and the end of March this year, savers faced with low ...
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- Monday, May 9, 2011, 15:03
- Savings and Investments
Millions of consumers are set to receive compensation after being mis-sold payment protection insurance (PPI).
The British Bankers' Association (BBA), which represents UK banks, said it will not fight April’s high court judgement backing new regulations proposed by the Financial Services Authority which some analysts have predicted could cost the sector up to £9 ...
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- Monday, January 31, 2011, 14:32
- Savings and Investments
The average UK household will be £200 a year worse-off when the next phase of the government’s radical tax and benefit changes take effect in April.
Working families with children will be hardest hit, with some basic rate tax payers losing up to 73p in every extra pound earned. The money will be lost ...
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- Monday, November 15, 2010, 15:18
- Featured, Savings and Investments
Britain’s largest banks are reportedly in talks to slash the bonuses paid to top staff in the New Year.
The money made available to top performers in their bonuses could be slashed from £7billion to £4billion the BBC has learned.
Although a senior banker told the broadcaster that there was no guarantee of a “workable agreement”, it ...
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- Tuesday, November 9, 2010, 15:48
- Savings and Investments
The government is seeking a change in the law allowing it to access the bank details of virtually every person in the country in a bid to tackle the spiralling cost of benefit fraud and error.
The proposed changes would require banks and other private companies to hand over the details of ...
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- Tuesday, November 9, 2010, 15:44
- Featured, Savings and Investments
More than 20,000 pensioners have been forced to sell their homes over the past year to meet the costs of expensive residential care.
Almost 60 elderly people are selling their properties each day to fund their stay in care homes; a figure experts warn is likely to rise when spending cuts reduce the amount of support ...
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- Tuesday, October 12, 2010, 14:13
- Featured, Savings and Investments
According to new research from Child Trust Fund provider, Family Investments, the monthly cost of being a student has risen 28% since 2004. Full time students now face total living costs of £718 up from £561 in 2004.
If the cost of living continues to rise at current rates, those students starting a degree this year ...
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According to a new report from Which?, low credit interest,
high overdraft charges and big fees on spending abroad means that while we may not pay a monthly sum for our current accounts,
banking is not free.
For example, the consumer champion's research reveals that consumers could be spending as ...
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HSBC has announced that it is increasing the number of branches it opens on a Saturday by more than half, and also increasing the number of branches that offer late night opening.
HSBC currently has around 330 branches which open on a Saturday. Over the coming months this is set to increase ...
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£42.9 million is hidden down the back of Britain's sofas, according to new research from
Halifax.
The survey reveals that Brits are not looking after the pennies when it comes to making the most of loose change. Two thirds of Brits (65%) regularly find loose change in a variety of places which could be put ...
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- Monday, June 21, 2010, 12:00
- Savings and Investments
Nearly a fifth (18%) of 20 somethings and nearly a quarter of those aged 18 to 19 aim to save up to £3,000 annually. This is in contrast to just one in seven of those in their 50's who aim to save the same amount, according to research released today from Lloyds TSB ...
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New research by Santander Savings suggests that younger people are developing a habit of
saving money more so than their older counterparts.
Santander’s research shows that young people aged between 18 and 34 bank 16% more than the national average, and 25% more than over 55s every month.
The average person in Britain makes a ...
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- Friday, June 4, 2010, 17:09
- Savings and Investments
According to new research by Tesco Bank, couples are more likely to pay for their wedding nowadays than ask their parents to do so.
Just over half of all UK couples (52%) now pay for the majority of their wedding costs from their
own pocket. Less than a third (27%) of bride's parents these days ...
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