Adult children are draining their parents’ savings and investments at an increasing rate of knots, as Scottish Widows reveals the position has got even worse over the past year.
Over half of parents have given or loaned their children or grandchildren thousands of pounds compared to a figure of 39% last year – an increase of […]

Co-habiting couples could be wasting money on their car insurance premiums by failing to take out joint policies, research from TescoCompare.com warns.
TescoCompare.com highlights that co-habiting couples could be saving an average of over £100 by adding their partner as an additional driver to their existing car insurance policies.
Despite the savings to be had, TescoCompare.com’s research […]

Sainsbury’s Finance has revealed that 4.3 million people intend to transfer a total of £6.7bn between credit cards before July, which equates to £257.2m per week.
The findings also highlight that there are more than one in three credit card holders who are currently paying interest on their credit card balances.
Donald MacLeod, head of cards at […]

One in two independent financial advisers (IFAs) plan to boost the amount of assets they place with multi-managers during 2008, according to research from Resolution Asset Management.
The survey, undertaken in conjunction with registered members of Simply Biz, reveals that 50% of advisers plan to invest more of their clients’ assets in multi-manager funds during the […]

Consumers are being asked to switch off unused gadgets and stop wasting electricity on the 27th February , the UK’s first national ‘E-Day’.
Research from uSwitch.com shows just how big a deal this is really going to be for digitally dependent Brits who just can’t help over-charging their gadgets.
More than nine million households charge up their […]

The number of credit cards with capped balance transfer fees is dwindling dramatically, according to MoneyExpert.com.
The independent financial comparison website says that a year ago consumers could choose from 18 different credit cards with capped balance transfer fees, whereas now that number has dropped to just seven offered by only five different providers.
And with the […]

Four out of 10 single women in their 30s do unpaid overtime at work, according to an analysis of official statistics by the Trades Union Congress (TUC).
Single women in every age group are more likely to do unpaid overtime than single men in the same age group, confounding the usual assumption that men put in […]

Many Brits will miss out on significant tax free savings this year, according to research from price comparison site moneysupermarket.com.
Only 32% of Brits plan to invest in an ISA this year and only 27% know the allowance for these tax-free investments will be increased from £3,000 to £3,600 per year as of 5 April.
Kevin Mountford, […]