Global Unrest And Economic Uncertainty Fuels Brits’ Drive To Save And Invest
- 4 days 23 hours ago
- Personal Finance
New research published today from ClearBank and YouGov – UK consumer attitudes to saving and investing: are providers meeting their needs? – reveals that increasing competition and ongoing economic uncertainty are transforming how Brits manage their money. Nearly two-thirds of those surveyed (64%) are setting aside funds for 'a rainy day' – fuelling financial technology adoption and self-driven money management. Financial confidence and demand... more
DailyPay Creates New Opportunity For Hard-Working Americans To Get Their Federal Tax Refunds Early
- 6 days 16 hours ago
- Personal Finance
DailyPay, a worktech company and leading provider of on-demand pay, is expanding its platform to meet the needs of its millions of workers nationwide. DailyPay’s offering enables workers to get their federal tax refunds up to five days early*.
Apiture Releases New Findings For How Community Institutions Can Win Market Share Among Millennial-Run Small Businesses
- 6 days 19 hours ago
- Personal Finance
Apiture, a leading provider of digital banking solutions, today released key findings from a Q1 2025 Datos Insights online survey of more than 1,000 U.S.-based small businesses on Winning Market Share Among Millennial-Run Small Businesses.
Gen Z Boosts Subscription Economy, Tripling Spend From Older Generations
- 6 days 21 hours ago
- Personal Finance
New research from Visa, a global leader in digital payments, reveals that Gen Z (ages 13-28) spends an average of £305 per month on subscription services. This is three times what Gen X (ages 44-59) spends (£91) and Baby Boomers (ages 61-79) who spend £108. Millennials (ages 29-44) also spend a significant amount, at £261 per month.
PensionBee Empowers U.S. Savers With New Roth and Contribution Options
- 1 week 3 days ago
- Personal Finance
PensionBee, a leading online retirement provider, announced today the addition of Roth and Traditional IRA contribution capabilities to its mobile app. All users are eligible to make tax-advantaged contributions directly through the platform, granting greater flexibility and control over their retirement planning.
Jarvis Launches Free Salary Sacrifice Calculator to Boost Pensions and Cut Costs for Employers
- 1 week 4 days ago
- Personal Finance
Jarvis, a pension fintech that empowers employees to actively plan for their retirement, has launched a free salary sacrifice calculator that allows businesses to see how much they can save while boosting pension contributions for their workforce in the upcoming financial year. The tool found that SMEs can save up to £15,150 in National Insurance contributions (NICs) annually through salary sacrifice*.
£1.3 Trillion Of UK Savers’ Cash Earning Them Less Than Half Of The Bank Of England Base Rate
- 2 weeks 4 days ago
- Personal Finance
£1.3 trillion of UK savings is sitting in low interest savings accounts earning less than 50% of the Bank of England base rate (currently 4.5%), according to analysis of Bank of England credit data by Flagstone, the UK’s largest savings platform*. This equates to approximately three in every four pounds of UK savers’ hard-earned cash.
Gen Z Prioritises Financial Planning and Saving Amidst Growing Economic Challenges
- 2 weeks 6 days ago
- Personal Finance
Gen Z is emerging as a generation of financial planners, balancing economic independence and wealth building, according to new research. A new study from international law firm Charles Russell Speechlys, which sought the views of 4,000 people, found that more than 2 in 5 (43%) of Gen Z adults would use financial support, such as inheritance or gifts from parents or grandparents, to save for their future, while a third would buy a property... more
PensionBee Responds to FCA Research Urging Financial Firms to Prioritise Support for Vulnerable Customers
- 3 weeks 23 hours ago
- Personal Finance
PensionBee, a leader in the consumer retirement market, has commented on the Financial Conduct Authority’s (FCA) research that shows under half (four-in-10) of vulnerable customers say they have disclosed their needs to their financial services provider. Lisa Picardo, Chief Business Officer UK, PensionBee said: “We have always been committed to providing the best possible support for vulnerable customers, and we welcome the FCA's emphasis on... more
Women Are Investing More Than Ever – But Is It Enough?
- 3 weeks 2 days ago
- Personal Finance
Investing has long been a male-dominated space, shaped by historical factors such as legal barriers that limited women’s access to financial services, cultural norms that positioned men as primary financial decision-makers, and the gender income gap, which restricted women’s ability to invest.
Flagstone and Alloy Partner to Offer UK Savers a Faster, Safer Entry Point Into Competitive Savings Market
- 3 weeks 5 days ago
- Personal Finance
Flagstone, the UK’s largest savings platform, has partnered with Alloy, a leading identity and fraud prevention platform provider, to deliver a seamless, automated onboarding experience for individual and business customers. The partnership allows Flagstone to approve new applications within seconds, without impinging on the highest standards of security and compliance, and integrate global data partners into a single dashboard.
One in Five UK Adults Are Financially Vulnerable but Many Can’t Access Credit
- 1 month 2 days ago
- Personal Finance
With the UK experiencing the unexpected hike in inflation in January 2025 to 3%, TransUnion, a global information and insights company, is releasing previously unseen research that reveals one in five (20%) UK adults – the equivalent of 11 million people – would consider themselves financially vulnerable.
NatWest Boxed and The AA Partner to Bring Savings and Loans to Millions of Customers
- 1 month 5 days ago
- Personal Finance
Today NatWest Boxed and The AA are announcing a strategic partnership where The AA will leverage Boxed’s embedded finance platform to offer financial products to millions of AA customers, as well as the wider market. Later this year AA customers can apply for and get an instant access savings account and unsecured personal loans.
Health-Conscious Britain: The UK’s Health & Wellness Boom Revealed
- 1 month 1 week ago
- Personal Finance
The "New Year, New Me" mindset is resonating with consumers more than ever, with health-conscious Brits swapping late nights for the gym and wellness in 2025. New insights from Experian and Reward – analysing consumer spending over six weeks to 20th January including the Christmas period – reveals that nutrition and fitness spending rose by 6%.
Gen Z Most Likely to Shy Away From Talking About Fraud Experiences at Home Despite Being Most Targeted, Reveals TD
- 1 month 1 week ago
- Personal Finance
With Canadian Anti Fraud Centre (CAFC) reporting over $630 million lost to fraud in 2024 alone, Canadians are facing increased challenges as they grapple with a heightened cost of living and more sophisticated financial fraud attempts. Ahead of Fraud Prevention Month in March, a new TD survey has revealed that Gen Z is most likely to shy away from talking about fraud experiences at home, despite being the most targeted.