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Articles
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1 week ago |
moneyfactscompare.co.uk | Ella Mower
Members can also earn an additional £200 with a new, exclusive current account switching deal. Nationwide BS customers are set to be £100 better off in time for summer after the building society announced it’s rolling out its third Fairer Share Payment from next month. The mutual has a history of distributing some of its earnings among eligible members; this latest payment comes as it reported pre-tax profits rose to £2.3 billion in the year to 31 March.
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1 week ago |
moneyfactscompare.co.uk | Rhiannon Philps |James Brooks
The high street bank is offering a competitive cash incentive to switchers. Those wanting to switch their bank account now have another cash offer to consider after Santander launched a new incentive yesterday (29 May). The high street bank is offering a £180 cash bonus to anyone who switches to an eligible account (online or in branch) using the Current Account Switch Service (CASS). However, this offer may be withdrawn at any time.
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2 weeks ago |
moneyfactscompare.co.uk | Rhiannon Philps |James Brooks
All average fixed savings and ISA rates fell month-on-month for the first time in six months. Nearly all average savings and ISA rates fell in the month to May, with only the average easy access savings rate bucking the trend and seeing a slight uptick. This is according to the latest Moneyfacts UK Savings Trends Treasury Report which analyses data from the savings market each month.
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2 weeks ago |
moneyfactscompare.co.uk | Ella Mower
Meanwhile, fewer than 10% received financial advice on investments, pensions or retirement planning in the past 12 months. More people could benefit from guidance and support when it comes to saving for retirement, a recent survey conducted by the Financial Conduct Authority (FCA) revealed.
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3 weeks ago |
moneyfactscompare.co.uk | Ella Mower
Limited access to savings contributed to one in four UK adults being deemed as having ‘low financial resilience’, said the FCA. Setting money aside is crucial for combatting the rising cost of living and dealing with unexpected expenses but, worryingly, one in 10 people admitted to not having any cash savings in a recent survey conducted by the Financial Conduct Authority (FCA).
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