Many people are struggling to save for Christmas this year due to the pressures on their finances, it has been suggested. According to David Kuo, head of personal finance at money website Fool.co.uk, increasing prices of food and fuel have…

Those who have already reached the age of retirement should be shopping around for the best deals, on charity has suggested. And those who are still working should start saving into a pension as soon as possible, Age Concern has…

The risk of debt and repossession brought on by the potential recession could cause an “epidemic of mental distress”, according to the Liberal Democrats. Party leader Nick Clegg noted at a conference at the University of Sheffield that the financial…

Those struggling during the current credit crunch have been advised to implement a budget plan by one finance charity. The Consumer Credit Counselling Service (CCCS) – which provides information to those in financial difficulty – has urged people to take…

Increasing numbers of consumers are seeking independent financial advice (IFA) during the current economic downturn, research has revealed. Data from Unbiased.co.uk has shown over 125,000 people sought advice on various financial topics over the last three months, with 29 per…

Applying for loans to ease debt issues during the current financial crisis is a “risky strategy” according to the Consumer Credit Counselling Service (CCCS). Tom Howard, spokesperson for the body, stated that loans should not be relied upon as there…

It is important to seek advice before making a decision regarding reducing contributions to pension plans in order to improve debt management during the current financial crisis, one independent advisory firm has warned. Senior investments advisor at Bestinvest Adrian Lowocks…