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Wednesday 25th July 2007
ISA reforms announced The Economic Secretary to the Treasury, Kitty Ussher has today announced new reforms for Individual Savings Account (ISAs). The new measures are hoped to make ISAs more appealing by increasing the...
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Friday 20th July 2007
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 ... |
Wednesday 27th June 2007
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... |
Wednesday 27th June 2007
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... |
Friday 15th June 2007
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... |
Thursday 31st May 2007
£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... |
Monday 14th May 2007
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... |
Wednesday 25th April 2007
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... |
Monday 16th April 2007
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... |
Wednesday 11th April 2007
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 ... |
Tuesday 10th April 2007
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... |
Thursday 5th April 2007
Millions 'spend frivolously' Millions of Britons are only saving money to meet their immediate financial needs, with many admitting to spending 'frivolously', according to a new report. More than 7.5 million people only save ... |
Wednesday 4th April 2007
Teenage financial know-how 'on the rise' Knowledge of financial products among teenagers has been drastically improved by government education initiatives, Britain's largest quango has said. According to the Learning and Skills Council (... |
Monday 2nd April 2007
Brits have no incentive to save A recent report from the Office of National Statistics shows that people in the UK are starting to save less. According to the ONS study, the proportion of income saved by Brits fell from 5.3 per ... |
Thursday 29th March 2007
Britons 'unprepared' for financial emergencies The majority of Britons are failing to set aside enough money to cover sudden financial emergencies, new research has indicated. A poll commissioned by Birmingham Midshires found that a mammoth 95... |
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Savings
Speculation has been mounting that further interest rate cuts will be announced by the Bank of England, after minutes from its previous meeting on cuts were released. They reveal that the Bank's n... 
