News
512 items found, showing page 42 of 43
“Mind the trap!” – Insurers prepare to roll-over millions of drivers as peak renewal season approaches
65% of drivers let their insurer renew their policy automatically, 15% without even checking they are getting a good deal*
- Only 38% of motorists take the time to check the previous year’s premium to see how it has changed;
- Renewing without checking premiums costs motorists £1.3bn** a year;
- 2 years - average length of time drivers have stuck with the same provider;
- Motorists urged to act as soon as they receive their renewal to get the best deals.
Warning on personalised number plates as rare reg set to fetch £100,000
Personal registration plates could cost you dear if your vehicle is stolen or scrapped
- ‘TAX 1’ is expected to cost £100,000 when it is auctioned;
- Only 6% of car insurance policies specifically cover cost of personalised number plates;
- Owners of cars with personalised plates need to act quickly to avoid losing their cherished registration if their car is stolen or written-off.
Financially cheating? UK couples hide thousands from each other in secret savings.
New research from GoCompare Money has revealed that 7% of UK savers admit to having a secret savings account which they hide from the friends, family and partner.
GoCompare comments on Citizens Advice call for ‘loyalty penalty’ legislation
Citizens Advice has called on regulators to set targets to reduce the number of people who pay the loyalty penalty, and investigate solutions for vulnerable customers. Georgie Frost, Consumer Advocate for GoCompare, comments.
GoCompare launches ‘Machine Learning for Fintech’ – a community-driven machine learning initiative for fintechs
Applications for GoCompare’s fintech community development initiative are now open
Revealed: Where Brits plan to save and invest in 2018
- Bank or building society accounts top list despite poor returns;
- More people will save in a coin jar than an equity ISA or a personal pension;
- 25% of people can’t afford to save or invest anything in 2018;
- Bitcoin bubble set to grow as 7% of men say they would invest in a virtual currency.
UK hiding £13.bn of secret debt
Research from GoCompare finds one in 10 are hiding debt from their partner
GoCompare comments as energy switching hits record high in 2017
Embargoed until 00:01am Thursday 11 January 2018
Relying on an EHIC to cover your winter holiday mishaps could leave you with a mountain of medical bills
Research from GoCompare Travel has found that 69% of UK holidaymakers wrongly expect an EHIC to provide free emergency medical treatment in Europe and 7% expect it to pay for an air ambulance to fly them back to the UK.
Rising cost of living and Brexit are the biggest financial worries for 2018
- 40% of UK adults anticipate that 2018 will be a very difficult year for them financially;
- 58% are worried about the rising cost of living/bills;
- 29% of people are worried about the impact of Brexit on their finances.