News

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.

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.

Applications for GoCompare’s fintech community development initiative are now open

• 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.

Research from GoCompare finds one in 10 are hiding debt from their partner

Embargoed until 00:01am Thursday 11 January 2018

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.

• 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.

GoCompare Consumer Advocate, Georgie Frost, comments on final FCA rules for banks