Those struggling in the credit crunch are considering reusing previous presents as gifts this Christmas, new research has found. As many as 18 million (39 per cent) of UK adults are considering giving unwanted CDs and toiletries this festive season,…

A campaign from the Office of Fair Trading (OFT) has helped change people’s saving habits, it has been claimed. The OFT’s ‘Save Xmas’ initiative, which was launched in 2007 with following the collapse of Christmas hamper firm Farepak, has resulted…

Customers have been advised to avoid making unnecessary insurance purchases over the festive season. According to home insurance firm esure, shoppers may risk increasing their debt by buying stand-alone insurance for gifts such as watches or mobile phones, when such…

Many retirees may find they need to make adjustments to their lifestyle in order to match their new level of income, according to Age Concern. The charity stated that retirees often struggle to maintain the same standard of living they…

Citizens Advice has called for the self-help debt system to be reviewed following its investigation into the sector. The self-help system is aimed at helping to empower people to manage their own debts, be involved in negotiations and become debt…

Contributing one third of a salary to a pension can help to provide the same standard of living during retirement, one independent financial advisor has stated. According to Adrian Lowcocks, senior investments advisor at BestInvest, saving this amount can help…

Those thinking of reducing their pension contributions should carefully consider the consequences before making a decision, an independent financial advice firm has warned. Recent research by uSwitch.com revealed 42 per cent of Britons have cancelled their insurance or pension contributions…