The average UK adult believes they are worth £350,000, according to a recent survey from the Post Office, but 75% have no life cover in place.  
Those polled by the Post Office came up with an average figure of £350,000 when asked to consider everything they own or value in their life, including their home, […]

British pensioners are set to retire £66bn in the red, the latest research from equity release specialist Key Retirement Solutions (KRS) has shown.  
Analysis based on 4,507 people aged over 55 years old who released equity with KRS in 2007 has revealed the level of indebtedness among this age group. More than one in three […]

The rate of inflation for people aged over 75 years old is now 43% higher than the official rate of 4.4%, according to the latest research from Alliance Trust.  
This age group has been hardest hit by the rising cost of living, experiencing a surge from 5.4% to 6.3% in July alone. But all age […]

The effects of the credit crunch are leading people into concealing their financial woes from their loved ones, according to Moneynet.
Of those surveyed, 14% said they have debts on an overdraft, credit card or personal loan that their spouse or partner knows nothing about.
And nearly a quarter of those who responded to the survey said […]

One in four Brits claim not to be taking out any travel insurance for this year’s summer holiday, according to Sainsbury’s Travel Insurance.
The worst age group for neglecting to buy cover for their summer holiday is those aged 55-64, with 32% of respondents in this age bracket saying they are not taking out cover for […]

More than three million Britons are unaware their employer provides them with life insurance and could be forking out for unnecessary private cover, according to Aon Consulting.
In a survey of 1,300 respondents, 77% said they were not provided with life insurance or did not know if the benefit was offered. Yet, the reality is that […]

Youngsters are saving towards higher education from the age of 11 because they have seen older family members struggle with university debts, according to The Children’s Mutual.
And with news that 42% of this year’s undergraduates plan to work part-time in a bid to afford higher education and 78% of parents saying they think that the […]

At a time when every penny counts, Moneyfacts is urging consumers to shop around to make savings, rather than lining the pockets of credit card providers.
Michelle Slade, analyst at Moneyfacts, said: “As prices continue to rise, many more consumers are seeing their credit card bills increase. Even if you’re not one of the people who […]