Rising inflation leads to more savings accounts underperforming

30 Sep 2019

Savers should reconsider the rates on their savings accounts after a rise in inflation means that many are now underperforming. The latest data suggests that the number of savings accounts beating inflation has tumbled from 110 to just 58. This

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Accepting good debt and managing bad debt

30 Sep 2019

Debt is something many of us feel uneasy with and unable to talk about with friends, family or colleagues. However with unsecured UK household debt reaching its highest levels in 2018, at a total of £428bn, this equates to £15,385

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Centre for Social Justice proposes higher state pension age

30 Sep 2019

Think Tank the Centre for Social Justice (CSJ) has called on the Government to raise the state pension age to 75 to provide a £182 billion boost to the economy. Its report, Ageing confidently – Supporting an ageing workforce, recommends

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Easy access accounts grow in popularity

23 Aug 2019

According to new research from UK Finance, more people are saving their money in easy access savings accounts. The industry body found that deposits held in instant access accounts in June 2019 were 2.5 per cent higher than the same

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Government calls on finance sector to offer green mortgages

23 Aug 2019

In a bid to make UK homes more efficient, the Government is offering funding to the financial sector to help with the development of green mortgages. The new mortgage product is part of the Green Finance Strategy and would give

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The clock is ticking on Help-to-Buy ISA

23 Aug 2019

From 30 November 2019 savers will no longer be able to make new applications for the Help-to-Buy ISA. The short-lived ISA has helped many people on to the property ladder but after this date, no new applications can be made,

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Why We Need Private Dental Insurance

25 Jul 2019

The best way to keep dental costs down is to take good care of your teeth but, according to the Oral Health Foundation, one in three people have NEVER flossed their teeth and one in four do not brush twice

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Almost two million children have ‘forgotten’ savings accounts

24 Jul 2019

Young adults who qualified for Child Trust Funds (CTFs) when they were born could be sitting on savings accounts that have been accumulating interest for 17 years. Official figures have revealed that almost two million children are unaware of this

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High street banks see savings rate beaten by challenger banks

24 Jul 2019

The Moneyfacts UK Savings Trend Report has found that savers putting money into a fixed-rate bond will see better returns on their investment from a challenger bank than from a traditional high street bank. The study found that on average

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Economists warn of a 10-year shortfall in savers’ pensions

24 Jul 2019

Economists at the World Economic Forum (WEF) have issued a warning to British pension holders that they could run out of money a decade before they die. The latest report from the WEF suggests that many people will have to

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