FCA Seeks Boost to Workplace Savings to Help People Navigate Their Financial Lives
- 4 months 1 day ago
- Personal Finance
The FCA is providing clarity around workplace savings schemes so employers and savings providers can offer them with greater confidence. To help more employees benefit, the FCA has worked with partners to provide clarity on the rules around schemes. This includes setting out how employers can avoid breaching National Minimum Wage requirements and explaining how providers can meet financial promotions requirements.
New Global Research Reveals AI's Role in Student Money Management
- 4 months 5 days ago
- Personal Finance
2 in 5 Brits Have Used AI for Personal Finance Advice
- 4 months 1 week ago
- Personal Finance
2 in 5 Brits (40%) have used a generative AI tool such as ChatGPT or Gemini for personal finance advice, according to research by personal finance comparison site Finder. That’s an estimated 21.3 million people in the UK.
Students Say Managing Bills is the Hardest Part of Being an Adult at University
- 4 months 1 week ago
- Personal Finance
With over half a million UK students expected to head1 to university for the first time this Autumn, a Visa study reveals that more than a third (39%) of current UK university students say managing bills is the hardest part of adulting* at university. This ranks higher than other struggles including eating healthy meals (31%), maintaining a clean home (29%) and doing laundry (26%).
Happy Money Study Reveals Gap Between Consumers’ Financial Stress and Their Debt Management Strategies
- 4 months 2 weeks ago
- Personal Finance
Happy Money, a leading consumer finance company dedicated to empowering individuals through responsible lending, today released The Credit Check-In, a new report exploring how Americans are managing debt and financial stress in 2025.
Pension Saving Strong in 2025, Yet Gender Inequality Remains Entrenched
- 4 months 2 weeks ago
- Personal Finance
Pension savers have maintained strong contribution levels in the first half of 2025, sustaining the record momentum seen in 2024, according to new analysis from leading online pension provider, PensionBee. However, the figures, based on 286,000 invested PensionBee customers as of 30 June 2025, reveal a persistent gender gap in pension savings, highlighting ongoing inequality in retirement outcomes and raising fresh questions about how to close... more
Small Businesses Could Unlock Hundreds in Extra Savings Interest With Smarter Account Choices
- 4 months 3 weeks ago
- Personal Finance
Small businesses could boost their savings by up to £190 a year by being more aware of how interest rates are structured on business savings accounts, according to new analysis by Moneybox using data from Moneyfacts. The findings highlight a significant opportunity for small businesses to improve their cash flow by making simple, informed decisions about where to hold their funds.
80 Percent of First‑Time Buyers Moved Back in With Parents to Get on the Ladder, Survey Finds
- 4 months 3 weeks ago
- Personal Finance
Four fifths (80%) of first-time buyers moved back in with their parents to save for a deposit, TSB finds. TSB surveyed over 1,000 first-time buyers who had bought a property in the past year – and found that compromise and location are key, as three quarters (75%) of new property owners opted for fewer bedrooms, a smaller property and less outdoor space to buy in a preferred post code.
New Data Shows 4 in 10 Brits Never Recover Money Lost After Falling Victim To Scams
- 4 months 3 weeks ago
- Personal Finance
40% of Brits who have been victims of frauds or scams in the last year haven’t been able to recover the money lost as a result, highlighting the urgent need for fraud-resistant payment methods, a new survey has revealed.
PensionBee Launches Petition Demanding Government Action On Pension Transfer Delays
- 4 months 3 weeks ago
- Personal Finance
PensionBee, a leader in the consumer retirement market, has launched a national petition urging the government to introduce a legally enforceable 10-day pension switch guarantee, as frustration mounts over the glacial pace of pension switches.
Workplace Pension Statistics Show Clear‑Cut Case to Boost ‘Invisible Worker’ Pensions
- 5 months 1 day ago
- Personal Finance
The Department for Work and Pensions has this morning published annual statistics on workplace pension participation and savings trends: 2009 to 2024. The statistics showed that rates of participation in Auto Enrolment have remained stable in recent years, along with stopping savings levels and contribution levels.
Consumers More Optimistic About Finances, but Inflation Remains Top Concern
- 5 months 2 days ago
- Personal Finance
New data from TransUnion, a global information and insights company, has revealed that more than two in five (43%) UK consumers were optimistic about their household finances over the next 12 months.
Sikoia Partners With Experian to Provide Further Automated Income and Employment Verification Opportunities
- 5 months 3 days ago
- Personal Finance
Global data and technology company, Experian, and leading customer verification platform Sikoia today announce a new partnership to streamline and modernise income and employment verification. By deploying Sikoia’s AI-powered document processing technology as part of its comprehensive suite of verification services and solutions, Experian can now automate extraction and verification of key customer information directly from submitted documents...
Younger Shoppers Are Reshaping Dispute Behaviour, Raising Stakes for Merchants
- 5 months 3 days ago
- Personal Finance
With each passing year, a new wave of young, tech-savvy consumers is entering the marketplace—bringing with them evolving expectations and behaviors.
11 Million Brits Don’t Realise They Are Financially Vulnerable
- 5 months 3 days ago
- Personal Finance
Smart Money People, the UK’s most comprehensive financial reviews website, is calling for a wider industry review of how financial services are encouraging open and supportive conversations with customers. Many customers are unaware that they could be vulnerable and the risks they face in this position.
