savings

1.8m over 50s targeted by pension scammers

Wednesday, 26 July 2017 | News

More than one in five over 50s has been targeted by a scammer in the last three months, according to research from Retirement Advantage.

Savings update: Rates continue to creep up

Wednesday, 26 July 2017 | News

French-owned RCI Bank has upped the rate on its easy-access online Freedom account to 1.2% for both new and existing savers. 

Forget the lattes and avocado on toast – millennials are saving for their futures

Friday, 21 July 2017 | Blog | By Helen Knapman

Millennials have arguably been dealt a trickier hand in life to deal with than their parents; we’ve got ever-increasing rent and house prices to contend with, pretty much no final salary pension schemes to prop ourselves up...

Young people need to save 20% of earnings to match current retiree’s pensions

Thursday, 20 July 2017 | News

Young people need to save 20% of their wages in order to match the retirement income of baby boomers, a wide-ranging international study has found.

Challenger banks edge rates up: here’s the top paying savings accounts

Monday, 17 July 2017 | News

On easy-access accounts Bank of Cyprus has raised its Online Easy Access rate to 1.15%, including a 0.55 percentage point bonus for the first 12 months.

Easy access savers: Where to find the best return on your cash

Wednesday, 12 July 2017 | Article

If you’re setting up an emergency fund or are planning on making a big purchase in the near future you’ll want to have quick access to your savings.

Lloyds to revamp overdraft charging structure but large users will be worse off

Wednesday, 12 July 2017 | News

Lloyds Banking Group is to overhaul the way it charges overdrawn current account customers.

Failure to shop around costs annuity buyers £4,000

Wednesday, 12 July 2017 | News

Failing to shop around for the best annuity is costing retirees an average of £4,000 over the course of their retirement, according to new research from the Pensions Policy Institute in association with LV=.

Savings Update: More easy access accounts paying over 1%

Tuesday, 11 July 2017 | News

More easy-access deals are paying 1% or more on online accounts. 

Pension savers with ‘guaranteed’ small pots no longer need to pay for advice

Tuesday, 11 July 2017 | News

The government announced that thousands of pensioner savers with small pots no longer have to pay for advice in order to transfer out of their scheme.