Young people need to start saving money as soon as possible in order to ensure they are properly provided for in retirement and old age. Robin Ellison, head of strategic development for pensions at Pinsent
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First time buyers could soon receive a helping hand to assist them with getting on to the property ladder. According to the Building Societies Association BSA, initiatives are being put in place to ensure
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Almost a third of Brits would not have enough money to last them until the weekend if they had to rely solely on their savings. New research by First Direct has found that 28 per cent of households have
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People in financial hardship could be missing out on benefits which could prevent the need to turn to payday loans. According to the fifth annual Post Office Consumer Credit Report, 12 million people will
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Most people will be aware that auto-enrolment will come into force next year, with employees given one month to opt out. With concern about the number of people failing to save enough money to keep them
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The majority of people will be aware of the struggle first time buyers face to get a foot on the property ladder. Headlines for the last few months have highlighted the plight of potential homebuyers,
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Christmas is an expensive time of year for most people. Although many families look forward to the opportunity to spend time together, tuck into some delicious treats and spoil one another with gifts,
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Credit cards can prove to be a useful payment tool for a wide range of customers to call upon. The use of such products - in addition to pre-paid cards - offers a handy way to fund purchases or meet pressing
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With inflation eating away at most peoples monthly pay packets, as well as fewer job opportunities and cutbacks in Government benefits, making enough money to get by on can be tough.
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Many families will struggle with their finances as a result of changing Universal Credit to monthly payments, those seeking payday loans have been advised. Family Action chief executive Helen Dent said
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Millions of people are cutting back their plans for retirement, with some even turning to credit, such as payday loans, as a result of the financial squeeze. New research by MGM Advantage has found that
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Many families do not believe they have enough money saved in their accounts with the best savings interest rates in order to support their offspring through university. According to a poll by instant online
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An 'alternative census', carried out by the Post Office, has revealed that despite the difficult current economic climate Brits are now actively saving for the future. The survey showed that UK
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UK consumers should still be looking to increase the amount of money they save, it has been reported. Anna Sofat, director of ADDIDI Wealth, said new figures from Nationwide pointing to an increase in
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A new study has identified worryingly low levels of short-term saving among Scottish consumers. Research conducted by independent pensions expert Stewart Ritchie, on behalf of Aegon, indicates that 42
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Over half of UK kids believe they will save enough money to become a millionaire in the future, it has been reported. According to a survey of 3,000 six to ten-year-olds carried out by Tesco Savings, 51
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Too few women are saving enough towards their retirement, a new study has indicated. According to Scottish Widows, just 47 per cent are putting enough money aside for when they finish working, compared
Read More..A debt management plan or debt management programme as it is sometimes referred to, is a form of debt consolidation. It is basically a way of consolidating your outgoings into one lower monthly payment without taking out a cash loan.
Read More..The term IVA stands for Individual Voluntary Arrangement. IVAs are available in England and Wales and can stop creditors from starting bankruptcy proceedings and potentially write-off a proportion of your overall debt.
Read More..A Trust Deed is a legally binding voluntary arrangement to allow consumers to write-off a proportion of their debt and avoid bankruptcy. A Trust Deed is only available in Scotland and is regulated under The Bankruptcy Scotland Act 1985.
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