49% of people 'have found information provided by banks hard to understand'
YouGov found 48% of people said financial firms had rarely or never given them enough information to make informed decisions.
Source: aol.co.uk
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Around 500 children had at least £100,000 in Junior Isa savings by 2021
Around 40 children had Junior Isa pots worth £200,000 or more, according to HM Revenue and Customs figures obtained by St James’s Place.
Source: aol.co.uk
Spending on subscriptions, dating and DIY has dipped, says Nationwide
The cutbacks were made as spending on several essential outgoings, including utilities, mortgages and rent, jumped.
Source: aol.co.uk
'Latest body blow to household finances' as Bank of England base rate raised
Thursday’s base rate increase will add around £23.71 per month or more than £284 per year to the average tracker mortgage, industry figures show.
Source: aol.co.uk
'Living pension' standard launched to help workers boost retirement pots
The Living Wage Foundation has launched the standard, which could particularly help lower paid workers to build adequate retirement savings.
Source: aol.co.uk