Savings News

Pigs might fly says Britannia Building Society

A shocking 21% of British adults, or 10 million people, admit to using a piggy bank, penny jar or hidden place at home to save their money, according to a survey by Britannia Building Society.

Parents failing to save for future college expenses

As sixth formers anxiously await their 'A' level results next week to find out if they have secured that precious university place, new research published today by F&C Investments has revealed that most parents are failing to make adequate financial provisions for the soaring costs of a degree.

Finance for football fanatics

Lisa Taylor, analyst at Moneyfacts.co.uk, comments: “With the start of the 2007/08 football season just around the corner, football fans up and down the country will soon be getting ready to support their team, buying the new season’s kit and spending weekend afternoons shouting at the TV screen or signing at the ground.

Women to make majority of household financial decisions

50 years from now large numbers of women will have taken over a traditional preserve of men by taking control of key financial household decisions, signals NS& I's (National Savings and Investments) Century of Saving report.

Football savers are top of the league

With the start of the new football season around the corner, Britannia Building Society has been looking at which fans are in the first division when it comes to their savings habits.

Calls to enhance savings and UK competitiveness in funds industry

In its pre-Budget representations the Investment Management Association has focused on two areas, calling for action to enhance pensions and savings and to optimise the competitiveness of the UK funds industry.

WAGS find saving easier than going on a diet

The rise in WAG culture may be blamed for women over spending on the credit card, but British women actually find saving money each month easier than following a healthy diet, according to new research from Engage Mutual Assurance.

Savers still short changed

July saw another Bank of England rate rise, but it’s still the same old story with banks taking too long to pass on the increase to savers – or not passing anything on at all.

Cost of a child over £43,000

Consider a long-term investment plan to help pay to bring up your child says Invesco Perpetual.

School fees rise by 41% in five years

Private school fees have increased by 41%, more than twice the rate of inflation over the past five years (18%), according to new research from Halifax Financial Services.

NS&I launches campaign to reunite savers with forgotten accounts

NS&I (National Savings and Investments) has for the first time launched an advertising campaign to promote its free of charge Tracing Service to encourage savers to come forward to reclaim the £435 million in lost and forgotten accounts.

Students and parents underestimate cost of university education

Both teenagers and parents alike are still massively underestimating the true cost of university, according to The Association of Investment Companies’(AIC) annual survey into attitudes towards university debt. With the average debt on graduation currently estimated at £13,252, many students could well be left with a painful shortfall.