Latest Money News

Below you can find the latest consumer financial news, personal finance and mortgage news for the UK.

Sainsburys Finance claims 1 in 20 people take more than a year to clear holiday debt

3rd September 2010
Some holidaymakers are taking more than 12 months to clear the credit card debt accrued as a result of a holiday, according to Sainsburys Finance research.

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Pension calculator provider Standard Life highlights potential flexibility

3rd September 2010
Standard Life has suggested the annuities market could be made more flexible if the government removes the age 75 restrictions, which are currently the subject of a consultation.

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Sainsburys Finance urges consumers to clear credit card balances

3rd September 2010
It is important that people clear the balance of their credit card each month, according to a finance expert at Sainsburys Finance.

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Retirement calculator benefits from stability of tax relief, says LV=

3rd September 2010
A finance expert from LV= has suggested that consumers aiming to calculate their retirement income would benefit from a stable and simple system of tax relief.

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AA suggests policy change should encourage debt relief

2nd September 2010
A senior figure at AA Financial Services has highlighted how the firm has implemented a change in payment policy four months ahead of when new regulations come into force in the UK.

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Fixed rate bonds supplier Santander hails tracker products

2nd September 2010
Santander has unveiled two new tracker bonds and suggested they could be a prudent savings option if the base rate goes up in the future.

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Savings accounts provider Coventry Building Society merger 'will help build success'

2nd September 2010
Coventry Building Society has completed its merger with Stroud & Swindon Building Society and a senior source from the former institution has hailed the potential success the deal could lead to.

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More people living alone says fixed rate mortgages provider Halifax

2nd September 2010
Research by Halifax has shown a variety of new trends in the mortgage market, such as more people living alone, according to a source at the firm.

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Standard Life suggests retirement calculator assistance tool

1st September 2010
A finance expert from Standard Life has claimed that consumers would benefit from being able to compare real-time quotations for different types of annuities.

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Sainsburys Finance savings options unveiled

1st September 2010
A pair of savings products have been launched by Sainsburys Finance, but they will only be available for a limited amount of time.

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Pension calculator 'an exciting process', claims Hudson Green

1st September 2010
There is a great deal of flexibility and excitement to be enjoyed when planning for retirement, according to a representative from Hudson Green & Associates.

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Car insurance for young drivers provider swiftcover.com exposes misconceptions

1st September 2010
There are several tricks that car insurance claimants try to pull in order to get more money from their insurers, but swiftcover.com has noted how such organisations are often one step ahead.

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Retirement calculator can often involve various sources, notes Hargreaves Lansdown

1st September 2010
A pensions expert from Hargreaves Lansdown has pointed out that there are often a variety of sources that contribute to a person's retirement income.

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Isa rates must be complemented with great customer service, says M&S Money

1st September 2010
M&S Money has highlighted the importance of delivering top-notch customer service, claiming that it is vital in any area of business.

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Buy to let mortgage range from Mortgage Works 'offers greater value'

1st September 2010
A series of changes have been made to the Mortgages Works buy to let mortgage range, which a source from the firm believes will be beneficial to customers.

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Fair Investment Company says OMO could boost pension calculator result

31st August 2010
It is important for people to exercise their right to use the Open Market Option (OMO) when it comes to annuities, according to a spokesperson from the Fair Investment Company.

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Savings account provider Bank of Scotland issues note of caution regarding economic recovery

31st August 2010
A Bank of Scotland finance expert has suggested the potential impact of cuts to government spending may be affecting the economic recovery in the UK.

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Shop around for personal loans, advises Sainsburys Finance

31st August 2010
Consumers have been told by a spokesperson from Sainsburys Finance that they could potentially save a significant amount of money by shopping around when they want to borrow money.

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Consumers may take out a Halifax fixed rate mortgage 'to undertake a project'

31st August 2010
Research by Halifax has shown that many potential homeowners do not want to move into their dream house, since they want to carry out work on the property.

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Sainsburys Finance notes home improvement trend

31st August 2010
Research by Sainsburys Finance has shown that plenty of people are taking out personal loans to carry out home improvements.

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