Banking

Current account customers feel the pinch - Your Money - Tue 13 May, 10:00 AM
The current account market has seen plenty of rate changes since the Bank of England cut interest rates by 0.25% in April, but some lenders have used the opportunity to tweak their rates by more than that amount, according to Moneyfacts. Michelle Slade, analyst at Moneyfacts, said: The last month has seen some institutions cut credit [...]

Consumers should follow “five a day” plan for finances - Your Money - Mon 12 May, 11:03 AM
The Government should implement a widespread campaign to raise awareness of financial wellbeing, similar to those it has released for healthy eating and drink driving, according to JP Morgan Asset Management. A survey carried out by the asset manager found that nearly 60% of respondents did not know how much capital would need to be [...]

Debit cards replacing cheques at retailers - Your Money - Mon 12 May, 10:03 AM
Figures released by APACS, the UK payments association, show that the debit card retains its popularity at retailers, with spending rising by 11% last year. This rise serves as a stark contrast from cheque spending, which declined by 7.5% in terms of value and 13% by volume, over the same period. The statistics, which cover all retail [...]

Retirement finances remain a worry - Your Money - Fri 09 May, 10:09 AM
People facing retirement are more concerned than ever about their financial security and income, according to LV=. The report reveals deep concerns among the nations pre-retirement population about their overall financial situation and level of savings, and how their retirement years may be impacted. One of the key findings is the rise of FRED - 66% of [...]

Older people avoid money talk - Your Money - Wed 07 May, 08:48 AM
A study by Saga Personal Finance has revealed that men and under 50s like to talk when it comes to money, while older people prefer only to discuss money if they have to. However revealing ones salary remains one of the final taboos across the ages as many feel talking about their earnings is just a [...]

Debtors dither over insolvency decision - Your Money - Tue 06 May, 01:02 PM
Uncertainty about the direction the economy is heading this year is holding debtors back from entering a formal arrangement to deal with their problems, according to IVA.com. Terry Balfour, spokesperson for the comparison site, said: Compared to the speed with which the credit crisis has worsened this year and the daily increase in personal debt levels, [...]

Britannia returns £4m to football clubs - Your Money - Tue 06 May, 09:38 AM
Account holders with Britannia Building Society have helped to return almost £4.21m to their favourite football clubs this year. Britannias Save and Support affinity accounts, which are associated with thirteen Premiership, Championship and First Division Clubs, including Chelsea, Liverpool, Manchester United, Stoke City and Ipswich Town, offer holders the chance to support a club of [...]

Holidaying Brits stretched to the hilt - Your Money - Fri 02 May, 10:22 AM
Nearly three in five Brits will be forced to cut their holiday spending this year, according to research from pre-paid currency card provider FairFX.com. Most people confessed they will have to slash how much they pay out overall on their time away, or at the very least reduce their expenditure while abroad over the year ahead. Nearly [...]

Women lack understanding of pension planning - Your Money - Thu 01 May, 01:52 PM
Almost two million women are losing out on potential pension income, according to HSBC. Despite the number of women not planning for retirement having nearly halved since 2005, womens understanding of retirement planning has not improved. HSBC estimated that 38% of women incorrectly believe that they have to be working to make pension contributions. In addition, [...]

CTFs could give children an £8,000 birthday present - Your Money - Wed 30 Apr, 11:39 AM
Investing £20 a month into a Child Trust Fund account (CTF) would enable the child to receive over £8,000 on their 18th birthday, according to ASDA. Investing £100 into ASDAs CTF would increase the figure to over £37,000. CTFs are government-backed savings accounts for children. Every child in receipt of a child benefit is eligible [...]

Underestimating your lifespan could cost you 11:24 AM [ Your Money]
Seven in 10 couples keep bank accounts separate 09:50 AM [ Your Money]
J O Hambro spies renewed investment opportunities 09:45 AM [ Your Money]
Net consumer credit falls in March 10:41 AM [ Your Money]
Citizens Advice calls for 10p tax rate compensation 10:27 AM [ Your Money]

Building societies attract record savings 10:12 AM [ Your Money]
Private banking not so inaccessible 11:24 AM [ Your Money]
Savers prefer to stash cash at home 11:12 AM [ Your Money]
Savers beware linked accounts 10:22 AM [ Your Money]
Adults give hand outs to parents 08:56 AM [ Your Money]

OFT claims victory in bank charges test case 01:30 PM [ Your Money]
Victory for OFT 01:30 PM [ Your Money]
Concerns about economy hitting young Brits 10:11 AM [ Your Money]
FSA issues fraud warning 10:09 AM [ Your Money]
Brits feel safe despite statistics 10:09 AM [ Your Money]

Dealing with rejection 04:57 PM [ Your Money]
Customers dealing with debt sooner 10:54 AM [ Your Money]
Moneyfacts issues default update 10:15 AM [ Your Money]
Brits seeking alternative sources of credit 09:44 AM [ Your Money]
ATMs installed in low income areas 10:18 AM [ Your Money]

Brits fear longer working lives 02:41 PM [ Your Money]
Blame for fraud laid at banks doors 08:42 AM [ Your Money]
Millions at risk of workplace ID theft 09:27 AM [ Your Money]
Report warns Government forecast may be tight 09:36 AM [ Your Money]
FEATURE: The true extent of lost accounts 03:45 PM [ Your Money]

Brits spend millions on lunch daily 03:24 PM [ Your Money]
Feaure: Put your trust in the future 04:45 PM [ Your Money]
Consumers waste rewards 04:30 PM [ Your Money]
Buliding societies bring in record savings 09:33 AM [ Your Money]
Long-haul holiday destinations could be cheaper 09:55 AM [ Your Money]

Help The Aged criticises new banking code 09:53 AM [ Your Money]
Banking code launched 10:13 AM [ Your Money]
One in six adults to curb spending 10:11 AM [ Your Money]
Brits waste stocks and shares ISA allowance 09:18 AM [ Your Money]
Brits heading abroad in search of their fortune 11:08 AM [ Your Money]

Savers cash in while loan customers lose out 10:36 AM [ Your Money]
Small savings could go a long way 10:46 AM [ Your Money]
Scottish economic growth slows 10:57 AM [ Your Money]
Billions wasted on unnecessary taxes 10:44 AM [ Your Money]
Bear Stearns deal amended 10:28 AM [ Your Money]