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Budget ‘offers nothing for pensions’
Thursday, March 25th, 2010
There was no good news for pensioners or savers in yesterday's (March 24th) Budget, according to one expert.Independent policy advisor Dr Ros Altmann said apart from extending the higher winter fuel allowance, Alistair Darling revealed little that will benefit the UK's older population.The expert said: "A radical reform of the ... read more
SHIP: Government needs to increase equity release confidence
Thursday, March 25th, 2010
The government should be doing more to ensure that people looking to take out equity release schemes can do so with more confidence.This is the view of SHIP, the equity release trade body, which said it was disappointed that Alistair Darling did not use yesterday's (March 24th) Budget announcement to ... read more
Moneyfacts: Inflation to take its toll on savers
Wednesday, March 24th, 2010
British savers will need to seek out savings accounts offering a higher rate of interest as a result of the current rate of inflation.This is the view of financial advice specialist Moneyfacts following the revelation that the Consumer Price Index, the government's preferred measure of inflation, has fallen to three ... read more
Over 50s facing highest inflation rate
Wednesday, March 24th, 2010
People aged over 50 years are currently facing the highest rate of inflation in the UK, new figures have revealed.A recently-published report from the Alliance Trust Research Centre (ATRC) showed that people aged between 50 and 64 years currently face inflation of 4.5 per cent.According to the study, this is ... read more
Moneyfacts: Inflation to take its toll on savers
Wednesday, March 24th, 2010
British savers will need to seek out savings accounts offering a higher rate of interest as a result of the current rate of inflation.This is the view of financial advice specialist Moneyfacts following the revelation that the Consumer Price Index, the government's preferred measure of inflation, has fallen to three ... read more
Over 50s facing highest inflation rate
Wednesday, March 24th, 2010
People aged over 50 years are currently facing the highest rate of inflation in the UK, new figures have revealed.A recently-published report from the Alliance Trust Research Centre (ATRC) showed that people aged between 50 and 64 years currently face inflation of 4.5 per cent.According to the study, this is ... read more
Brits urged to switch insurance providers
Wednesday, March 24th, 2010
Britons have been urged to look into switching home insurance providers in order to get the best deal.The advice comes from price comparison service moneysupermarket.com, which said "loyalty doesn't pay".According to the organisation, households could be wasting £131 per year by automatically renewing their policies.Julie Owens, head of home insurance ... read more
Utility price cuts are just ‘a drop in the ocean’
Tuesday, March 23rd, 2010
More than 20 per cent of UK households cannot afford to heat their homes despite a raft of recent price cuts, according to new research.Data from a recently-published report from price comparison service moneysupermarket.com revealed that more than three-quarters of energy customers struggle to pay their bills.The organisation claimed the ... read more
Report reveals gender saving divide
Tuesday, March 23rd, 2010
Women are more inclined to save money this year, according to new research.By way of contrast, an increasing amount of men are looking to spend rather than save their income.Data from a recently-published Legal & General study revealed that the amount of women "in the mood" for saving has increased ... read more
Utility price cuts are just ‘a drop in the ocean’
Tuesday, March 23rd, 2010
More than 20 per cent of UK households cannot afford to heat their homes despite a raft of recent price cuts, according to new research.Data from a recently-published report from price comparison service moneysupermarket.com revealed that more than three-quarters of energy customers struggle to pay their bills.The organisation claimed the ... read more
