Money Saving News for October 2009
- Scottish Widows study reveals retirement pensions gender gap - 13th October, 2009
A new survey by retirement pensions firm Scottish Widows has found that fewer women are making savings towards the years they will no longer be in employment compared to men.
The research discovered that only 47 per cent of female over-50s are putting money towards their retirement pension fund, while 59 per cent of males continue to top up their savings, and this gap has increased by three per cent in the last 12 months... - Online discount voucher codes 'more acceptable' - 12th October, 2009
A new study has found that UK consumers are more willing to use discount voucher codes when shopping on the internet rather than handing one over in a restaurant.
Conducted by discount voucher code website Savoo.co.uk, the research discovered that 15 million Brits are too embarrassed to use a coupon when out in public, but are happy to do so under the anonymity of the internet... - Expert offers auto insurance money saving tips - 12th October, 2009
Motorists looking to reduce the amount they spend on their auto insurance may benefit from following the advice of one financial journalist writing for the Independent.
Victoria Bischoff urged consumers to shop around before accepting a renewal quote from an existing provider as cheap bargain deals can be found by searching online... - Pensioners to stay cold to save on utility bills - 9th October, 2009
Five million over-65s are to forego heating their homes this winter in order to cut down the costs of utility bills, new research has revealed.
Conducted by charity Age Concern, the survey found that 38 per cent of elderly homeowners will try to cut down on gas and 41 per cent will reduce electricity usage over the next few months amid fears utility bills will be too high... - Argos and House of Fraser discount voucher codes offered - 9th October, 2009
Money saving tips website myvouchercodes.co.uk has announced that it will be offering consumers the chance to grab a bargain at Argos and House of Fraser this Christmas.
The site will be releasing a book of discount voucher codes for the catalogue retailer and department store over the festive period, which will be sent to one million homes across the UK... - Abbey, Nationwide reduce mortgage rates - 8th October, 2009
Major mortgage lenders such as Abbey and Nationwide have taken positive steps to prompt competition in the market by reducing interest rates on their home loan products.
According to Moneyfacts, the flurry of activity in the home mortgage market over the past seven days is "refreshing" and adds further evidence to reports that the country is lifting out of the recession... - Motorist grabs 'cheapest' auto insurance deal - 8th October, 2009
A car owner from Kent has secured the cheapest auto insurance deal financial website Moneysavingexpert.com has ever come across.
Barbara Wakerell, a civil servant, is currently paying 96 pence for an annual auto insurance policy because she refused to take her existing supplier's renewal package... - Direct Line home contents insurance deal 'may not be good value' - 7th October, 2009
Households have been warned that home contents insurance policies with money-saving deals attached to them may not be as good value as the headline offer suggests.
The Independent conducted research into the market at the moment, which has seen Direct Line and Aviva launch discounts on their home content insurance products for up to one-third off... - Scottish Power to charge utility bills for late switching - 6th October, 2009
Homeowners with Scottish Power thinking of switching companies when their current deal ends should do so as soon as possible if they are to avoid a fee on their utility bills for leaving the firm too late.
This is according to financial advice website Confused.com, which has reported that Scottish Power is to charge customers a £50 exit fee if they do not confirm that they are switching before October 15th.
The company's Discounted Energy October 2009 and Fixed Price Energy tariffs were well priced, the website said, but both ended on September 30th... - Direct Line launches home contents insurance deal - 6th October, 2009
Direct Line has announced that new customers will be able to take advantage of discounts on the firm's home contents insurance service.
The company is offering one-third off the price of both home contents insurance and building cover when the two products are purchased together...