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Nearly 40 per cent of people told Fidelity International that rather than save they are hoping for windfall payments to enjoy a debt-free and comfortable retirement. However, Simon Fraser, president of institutional business at Fidelity International, warned against a lack…
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Prudential claims that many are ignoring the effects of inflation when planning for their future and that £1,000 today will only be worth £620 in 2026, meaning that many will be in debt for their retirement. Head of retirement income…
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Nick White, head of personal finance at the price comparison website, said that the First Direct cashback deal could in fact cost borrowers who repay their loan early. “In monetary terms, on a £10,000 loan taken out over five years,…
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Yorkshire Bank today claims that two people in three have an average of £316.15 left over at the end of the month, which could be saved in a higher-rate account. In doing so, they are losing money that could be…
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Through the Scarborough Specialist Mortgages (SSM) brand it will offer people with adverse lending risks the chance to take out a mortgage, while claiming to give competitive rates. “The new subsidiary is being launched in direct response to the social…
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According to Experian, its survey revealed that people are failing to take action to improve their credit rating because they do not know their score. Jim Hodgkins, managing director of CreditExpert, said: “Credit scores change as your credit history changes…
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According to the Institute for Public Policy Research (ippr), adults aged between 35 and 49 who had financial education at school better managed their debts and were £32,000 richer than their peers. “It pays to get clued up,” said ippr…
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