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Savings News

Listing 299 articles over 30 pages

Children 'an Increasing Financial Burden'

Parents have been advised to invest in a child trust fund (CTF) as children are becoming more of a financial burden. Almost three quarters (73 per cent) of 11- and 15-year-olds in the UK expect th...

Pensioners 'missing Out On Billions'

Billions of pounds in pensioner benefits are lying unclaimed, the charity Age Concern has warned. As part of its Your Rights campaign the organisation is urging older people to claim the benefits ...

Savvy Savers Go For Consistency

Only three savings accounts out of ten re-achieved the same top rankings this January that they did two years earlier in Investec Private Bank's Savings Index, showing that banks rarely perform con...

Wealth And Intelligence 'do Not Go Hand In Hand'

Having a high IQ may not increase a person's chances of being rich. A US study has found no correlation between wealth and intelligence, claiming that clever people are just as well off as those w...

Overspending Brits 'need Educating'

Britons have a "serious lack of understanding" about financial matters, an expert has claimed. Financial advice website CreditExpert's manager director, Jim Hodgkins, made the comment in...

£3.5 Billion In The Piggy Bank

Collectively, Britons have approximately £3.5 billion hidden under the mattress or stashed in a piggy bank, rather than tied up in investments, new research reveals. According to Virgin Money...

Half Of Britons 'without Financial Plans'

About 55 per cent of Britons have no financial plans for the future and a further 32 per cent have no concrete plans for their finances, according to National Savings and Investments' (NS&I) qu...

Brits Gamble With Future Finance

The majority of British people have no financial plans for the future, with only one in ten having a detailed plan for financing their lives in years to come, a new study has shown. According to N...

Transparency Call For Financial Advice Market

Improved transparency is needed in the financial advice market, a consumer group has said today. The consumer group Which? claims that consumers are often sold products which may not necessarily b...

Cost Of Retiring Underestimated

Young people are underestimating the cost of retirement by nearly a quarter of a million pounds, a study has shown. A survey by Selftrade showed that one in four people had no idea of the cost of ...

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