Moneywise

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  • British Gas slammed for failing to pass on energy savings Moneywise - Fri, Jul 31, 2015 17:31 BST

    Consumers have been urged to shop around for the best energy prices as British Gas was criticised for failing to pass on energy savings to households. British Gas's residential division has announced its ...

  • Post Office to stop selling premium bonds from 1 August Moneywise - Fri, Jul 31, 2015 11:43 BST

    The Post Office is to stop selling premium bonds from 1 August after National Savings and Investments (NS&I) pulled the plug on a 46-year face-to-face sales arrangement. From August, anyone wanting to ...

  • More people turning to equity release to fund lives Moneywise - Fri, Jul 31, 2015 11:05 BST

    Over-55s are increasingly turning to the partial sale of their homes through equity release to fund their lives - often as a retirement option. According to statistics released by the Equity Release Council, ...

  • Moneywise reviews the best current accounts Moneywise - Fri, Jul 31, 2015 10:38 BST

    With the introduction of seven day switching it has never been easier to take your current account to a new provider. So if you have been unhappy with your current bank's customer service, interest rates ...

  • 78,000 overpay student loans by £580 Moneywise - Fri, Jul 31, 2015 10:25 BST

    Tens of thousands of former students have overpaid their student loans by £580 on average. In the 2013/14 academic year, 78,800 overpaid their student loans, ending up £45.4 million out of pocket in total, ...

  • Should you trade in your final salary pension? Moneywise - Fri, Jul 31, 2015 10:10 BST

    The new pension freedoms introduced in April allow retirees with defined contribution pensions to spend their pension savings as they wish. However as part of the new freedoms, savers with defined benefit ...

  • Save money into your pension while you can Moneywise - Thu, Jul 30, 2015 14:30 BST

    Hate me or love for what I am about to say but I must admit I have a grudging admiration for George Osborne, Chancellor of the Exchequer. Since 2010, Mr Osborne has steered the country on a difficult course ...

  • South West best for long and healthy retirement Moneywise - Thu, Jul 30, 2015 08:00 BST

    Retirees seeking a long and healthy retirement should head for the South West of England, according to new research from Prudential. The insurer claims that six of the top 20 counties for ‘pensioner wellbeing' ...

  • 10 ways to help your child save money while studying Moneywise - Wed, Jul 29, 2015 18:17 BST

    University can be an expensive time and with three-quarters of universities now charging the maximum £9,000 a year in tuition fees, it has never been more important to help your child manage their finances. ...

  • Get a new car for less Moneywise - Wed, Jul 29, 2015 17:43 BST

    What do you want from your new car? Will you use it mainly for work? Or will it be the family run- around? Do you want something kinder to the environment? Here, we show how to switch your car to perfectly ...

  • Investment Guide: Private Equity Sector Moneywise - Wed, Jul 29, 2015 17:43 BST

    Throughout 2015, Moneywise will be guiding you through the basics of investing in investment companies. This month, we take a look at how the private equity sector has performed and how to pick a company ...

  • Should you invest in property? Moneywise - Wed, Jul 29, 2015 17:26 BST

    Everyone has a view on property. Those in favour insist it is the perfect way to diversify a portfolio that's already packed full of equities and bonds, while the less enthusiastic argue that the risks ...

  • Five stocks to watch in August Moneywise - Wed, Jul 29, 2015 15:03 BST

    CASTINGS Full-year results to 31 March 2015 show that revenue at Castings fell by 4% and adjusted profit fell by 18%. However, if interest-bearing deposits are factored in, the company's net cash (and ...

  • Slash your monthly spending by remortgaging Moneywise - Wed, Jul 29, 2015 14:12 BST

    With mortgage rates falling to all-time lows, there has never been a better time to hunt around for a cheaper deal. If the Bank of England finally starts raising interest rates - and it has recently been ...

  • Theory test fees to fall but beware websites charging extra Moneywise - Wed, Jul 29, 2015 12:10 BST

    Learner drivers will benefit from a price cut for theory tests taken from 1 October. The price for a car or motorcycle theory test will fall to £23 from £25. The costs have fallen by almost 20% since September ...

  • Why you should write a will Moneywise - Tue, Jul 28, 2015 16:44 BST

    Nobody wants to think about their own death, or what would happen if they lost mental capacity and needed someone to make decisions on their behalf, but these are matters you can't afford to ignore. As ...

  • Top 15 investment trusts of the past decade Moneywise - Tue, Jul 28, 2015 14:45 BST

    Investment trusts have always enjoyed a rather volatile relationship with independent financial advisers and their clients but they have proved themselves to be more than capable of delivering solid returns ...

  • Pension fraud rockets as freedoms take hold Moneywise - Tue, Jul 28, 2015 13:07 BST

    Worrying figures from the City of London Police and a financial advice firm specialising in pensions seem to suggest pensions fraudsters are stepping up their efforts in wake of the new pension freedoms. ...

  • Easier mobile switching being pursued by Ofcom Moneywise - Tue, Jul 28, 2015 12:37 BST

    Switching mobile phone provider could soon get easier now the regulator Ofcom is consulting on the issue. Ofcom has proposed "a simple process" that would see the new provider made "entirely ...

  • RCI Bank launches new top-paying bond as rates creep higher Moneywise - Mon, Jul 27, 2015 17:49 BST

    Fixed-rate deals from challenger banks continue to edge upwards, with French-owned RCI Bank launching a new two-year bond at 2.35% before tax (1.88% after). Paragon Bank pays 2.34% (1.87%) and Secure Trust ...

  • How to prepare your child for the working world Moneywise - Mon, Jul 27, 2015 17:39 BST

    In 1980, 10% of young people went to university. Today, more than 40% do and being a graduate isn't the success ticket it used to be. A strong degree is no longer enough to guarantee employment, let alone ...

  • 10 top jobs that weren't around 10 years ago Moneywise - Mon, Jul 27, 2015 17:36 BST

    While many of the traditional professions still exist, a whole host of new highly paid careers are entering the employment market that parents need to be aware of. It could be that early work experience ...

  • Cash Genie customers to be compensated Moneywise - Mon, Jul 27, 2015 15:22 BST

    Cash Genie, txtmecash.co.uk and.paydayiseveryday.co.uk customers are to be compensated for being treated unfairly. Ariste Holding Limited, the company behind Cash Genie and the two other websites, is to ...

  • Three rules for paying off credit cards Moneywise - Mon, Jul 27, 2015 11:49 BST

    Credit cards can be used to pay for virtually anything and, at the end of 2013 61.7 million were in use in the UK, according to the UK Cards Association. Most banks and building societies have their own ...

  • Scottish Power Takes Record For Complaints

    Scottish Power has been named and shamed as the most complained about big energy supplier by Citizens Advice. The charity said complaints flooded in between January and March at a rate 1,154.6 per 100,000 ...

  • Government could merge income tax and national insurance Moneywise - Thu, Jul 23, 2015 12:57 BST

    The government is reviewing the possibility of merging income tax and national insurance (NI) into a single tax to make things simpler for taxpayers. Following July's summer Budget, David Gauke, financial ...

  • Banks banned from using premium-rate helplines Moneywise - Thu, Jul 23, 2015 12:01 BST

    Banks and all other financial services firms have been banned from charging customers premium rates to call their helplines. The rule laid down by the regulator will come into effect as of 26 October and ...

  • Parking fine battle hits Supreme Court Moneywise - Wed, Jul 22, 2015 11:18 BST

    The Supreme Court has started to hear a case that will determine whether the penalties issued by private parking companies are legally enforceable. Barry Beavis has taken his case to the highest court ...

  • How much could you get with an enhanced annuity? Moneywise - Wed, Jul 22, 2015 11:08 BST

    Two-thirds of people could be eligible for an enhanced annuity - thereby boosting the amount of guaranteed income they receive in retirement. If you have a medical condition such as high blood pressure ...

  • Beware the £10k difference in income drawdown costs Moneywise - Tue, Jul 21, 2015 12:57 BST

    People taking income drawdown from their pension funds could be paying up to £10,000 more than they need to if they don't shop around for the best deal. A retirement saver with a large pot of £250,000 ...

  • A handful of banks have raised the rates they pay to savers both on easy-access and fixed-rate deals, with the standout best-buy coming from RCI Bank. BM Savings, part of Halifax, has launched a new version ...

  • Brits bombarded with 468 nuisance calls and texts each year Moneywise - Fri, Jul 17, 2015 13:21 BST

    The great British public are being bombarded with 468 nuisance calls and text messages per person each year. In total, more than 60 million of the annoying calls and texts are sent every day – or 43,000 ...

  • Bank of England chief hints at January rate rise Moneywise - Fri, Jul 17, 2015 11:06 BST

    Mortgage and savings rates could start to rise in early 2016, the Bank of England governor has hinted. As part of his remit to control inflation, Mark Carney said interest rates could start to rise from ...

  • How to take a grown-up gap year Moneywise - Thu, Jul 16, 2015 12:09 BST

    Taking a gap year to travel the world is typically considered the preserve of school-leavers on a tight budget but the trend is far from limited to the young. Older travellers are increasingly seeking ...

  • Supermarkets told to stamp out confusing deals Moneywise - Thu, Jul 16, 2015 11:08 BST

    Dodgy supermarket deals have been confusing and misleading customers, the Competition and Markets Authority (CMA) has found. In cases where retailers have broken consumer law, enforcement action could ...

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