Moneywise

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  • One in three UK voters swayed by tax policies Moneywise - Mon, Mar 2, 2015 16:44 GMT

    Tax policies will influence the voting decisions of 35% of Britons, with income tax topping the list of concerns. According to a report produced by unbiased.co.uk and Prudential, tax is one of the most ...

  • Don't get ripped off by overseas money transfers Moneywise - Mon, Mar 2, 2015 16:23 GMT

    Running a second home overseas can be an expensive business, with electricity bills for the air-conditioning or patio heater, plus the cost of clearing leaves from a hot tub or keeping the bougainvillea ...

  • How to buy a holiday home Moneywise - Mon, Mar 2, 2015 15:45 GMT

    We all know the feeling – it's the last day of your holidays and you really don't want to go home. You start to think how nice it would be to stay. More and more of us are acting on that feeling and buying ...

  • Prescriptions can lead to drug driving charges Moneywise - Mon, Mar 2, 2015 10:14 GMT

    Drivers taking prescription medication have been warned not to fall foul of new drug driving rules that have come into force from Monday 2 March 2015. It is now an offence to drive under the influence ...

  • House price growth slows to its lowest rate for 17 months Moneywise - Mon, Mar 2, 2015 10:04 GMT

    House prices in the UK fell by 0.1% in February 2015 to £187,964, taking the annual rate of growth to just 5.7% – its lowest for 17 months. The monthly figures, compiled by Nationwide, follow meagre house ...

  • Over half of us now have workplace pensions Moneywise - Thu, Feb 26, 2015 13:56 GMT

    Almost six in 10 workers are now saving for their retirement with occupational pensions according to the latest data from ONS. The figure hit 59% in 2014, up from 50% in 2013. The increase is thought to ...

  • Is this the end for TripAdvisor and Checkatrade? Moneywise - Thu, Feb 26, 2015 11:22 GMT

    The Competitions & Markets Authority is to launch a probe into online review websites to address "potential concerns" with the information presented to consumers. Its concerns centre around the ...

  • 73% of properties sold at less than the asking price Moneywise - Thu, Feb 26, 2015 10:40 GMT

    Some 73% of houses were sold in January for less than the asking price, according to a new report by the National Association of Estate Agents (NAEA). Estate agents who are members of the NAEA found that ...

  • Punishment for nuisance calls companies made easier Moneywise - Wed, Feb 25, 2015 11:00 GMT

    Firms that plague households with nuisance calls and text messages are set to face a crackdown by the government, it will be announced today. Currently the Information Commissioner's Office (ICO) has to ...

  • Pensions industry "not ready" for April rule changes Moneywise - Tue, Feb 24, 2015 17:08 GMT

    Pensions providers have told the government that the pensions industry is not prepared for the challenges it faces in April

  • Stagnant wages hitting pension pots and retirement plans Moneywise - Tue, Feb 24, 2015 16:24 GMT

    People face working two extra years to make up for shortfalls in pension contributions resulting from the failure of wage growth to keep pace with inflation over recent years, according to retirement specialist ...

  • Retirees look to continue work as cost of retirement rises Moneywise - Tue, Feb 24, 2015 16:23 GMT

    The average annual cost of living in retirement has grown to £11,200 as of 2015, up 8% compared to 2014. However, this varies significantly from region to region. In London and the South East someone might ...

  • Don't make your home an easy target for thieves Moneywise - Tue, Feb 24, 2015 13:43 GMT

    A team of two or three burglars can ransack your home and make off with your most-prized possessions within five minutes. Any fewer and it takes too long to case the joint, any more and it's not worth ...

  • Lloyds Bank most complained about business Moneywise - Tue, Feb 24, 2015 10:50 GMT

    Lloyds Bank was the most complained about business in the second half of 2014, according to the Financial Ombudsman Service (FoS). It also said payment protection insurance (PPI) problems made up two thirds ...

  • New savers rates keep on falling Moneywise - Tue, Feb 24, 2015 10:04 GMT

    The Post Office has cut its rate from 1.4% before tax to 1.2% for new savers, while BM Savings rate is als down

  • Single households spend £2k more on bills Moneywise - Mon, Feb 23, 2015 12:30 GMT

    Those who live alone spend almost £2,000 a year more on household bills than couples, research has revealed. More worryingly, a quarter of solo dwellers would run out of savings within two weeks if they ...

  • A weekly shop could save you £1,500 a year Moneywise - Mon, Feb 23, 2015 12:30 GMT

    Some 51% of Britons no longer do a big shop for groceries each week but instead shop as and when they need supplies – but this is a trend that is proving costly. The average cost of a weekly grocery shop ...

  • Cut your grocery shopping bill in half Moneywise - Mon, Feb 23, 2015 12:30 GMT
    supermarket

    On your next visit to the supermarket, bear in mind its real objective is to make you spend more than you need to. Karyn Fleeting shares her moneysaving tips. Here's my first tip for you. Cut out and keep ...

  • Vulnerable customers seeking help from financial providers are met with a "computer says no" approach that exacerbates their problems, new research has found. A report from the Financial Conduct ...

  • More than a million young people have been refused credit more than five times and are turning to payday lenders as a result, new research has found. Price comparison website, uSwitch.com, found that hard-up ...

  • Scam alert: 'Number spoofing' on the rise Moneywise - Thu, Feb 19, 2015 15:29 GMT

    Consumers are being warned of a new telephone scam that see fraudsters trick people into thinking they are talking to their bank. 'Number spoofing' sees criminals clone a telephone number of the organisation ...

  • Restaurant scam targets unsuspecting diners Moneywise - Thu, Feb 19, 2015 15:29 GMT

    Fraudsters are targeting restaurant diners through a new phone scam, according to Financial Fraud Action UK. The scam works by criminals posing as bank staff and phoning restaurants to inform them of a ...

  • FCA announces investigation into investment banking Moneywise - Thu, Feb 19, 2015 15:12 GMT

    The Financial Conduct Authority (FCA) is to launch an investigation into the level of competition in the investment and corporate banking sector, the regulator has announced. The study – the first of its ...

  • Two thirds of people contributing to a workplace pension scheme do not know which funds they are invested in, while close to a fifth have no idea what percentage of their salary they contribute to their ...

  • RBS and Natwest customers to access accounts via fingerprint Moneywise - Thu, Feb 19, 2015 10:22 GMT

    Customers of Royal Bank of Scotland and Natwest will now be able to access their online accounts with a touch of their fingertip. From today, customers using an iPhones 5S, iPhone 6 and iPhone 6 plus will ...

  • Energy customers could save £234 a year by switching Moneywise - Wed, Feb 18, 2015 11:11 GMT

    Customers of the Big Six energy firms could have saved up to £234 a year by switching suppliers, the Competition and Markets Authority (CMA) has said. The watchdog is currently investigating the UK's energy ...

  • Hargreaves Lansdown to launch low-cost drawdown plan Moneywise - Wed, Feb 18, 2015 10:28 GMT

    Hargreaves Lansdown has revealed details of its new low-cost income drawdown plan which will launch when the new pension freedoms are introduced on April 6. The plan features no set up costs or income ...

  • Inflation rate slows to lowest on record Moneywise - Tue, Feb 17, 2015 15:55 GMT

    The speed at which prices have been rising in the UK slowed to the lowest rate on record of just 0.3% in the year to January 2015, providing a boost to the nation's savers. This means that a basket of ...

  • Would you switch to a new bank? Moneywise - Tue, Feb 17, 2015 11:37 GMT

    It was supposed to be the moment Britain's biggest banks had always dreaded. When new rules making it far easier for consumers to switch current account provider came into effect last September, many banking ...

  • Nationwide slashes savings rate by 25% Moneywise - Tue, Feb 17, 2015 11:22 GMT

    Nationwide Building Society is the latest big provider to cut rates for new savers. Its Limited Access Saver Issue 3 pays just 0.9% before tax (0.72% after) and restricts you to five withdrawals a year. ...

  • Don't get too excited by pre-election promises Moneywise - Mon, Feb 16, 2015 15:53 GMT

    With less than 100 days remaining before we go to the polls, Jeff Prestridge advises you to take the political parties' pre-election promises with a pinch of salt. We have less than 100 days remaining ...

  • From next April, the chancellor wants you to be able to do what you like with your pension savings once you reach age 55. Instead of the old draconian restrictions, the new rules mean if you want to spend ...

  • Southern Rail passengers face most delays Moneywise - Mon, Feb 16, 2015 10:26 GMT

    Train commuters in south-east England are the most likely to experience delays on their journey, new research from Which? has revealed. Its annual passenger satisfaction survey paints a grim picture for ...

  • Whiplash fraudsters waste 1m NHS hours a year Moneywise - Fri, Feb 13, 2015 11:16 GMT

    NHS doctors see around 116,000 patients they suspect are exaggerating or feigning whiplash injuries to claim compensation fraudulently every month, a shock report has found. The figure - the equivalent ...

  • Will anyone use the government pension guidance service? Moneywise - Thu, Feb 12, 2015 13:23 GMT

    Less than 2% of people approaching retirement who were referred to The Pensions Advisory Service (TPAS) actually contacted the organisation for guidance, casting doubt on the effectiveness of the government's ...

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