The Latest Breaking News on Personal Finance

A survey found 56% of Americans consider themselves to be “spenders”, while 34% identified themselves as “savers”. 

The Government savings scheme for low-income earners offers savers a 50% bonus payment worth up to £1,200.

British Gas, Eon, Ovo, and Scottish Power are just some are the many providers included in the scheme

The payment will be made to people in receipt of certain benefits, including universal credit

The payment will be made to people in receipt of certain benefits, including universal credit.

Too many people cash out their 401(k)s when leaving a job — and part of the problem may be generous employer matches, researchers have found

Harriett Baldwin, who chairs the Treasury Committee, said the ‘big four’ banks have not done enough to pass on higher interest rates to savers.

The Bank of England’s “household M4” measure of cash and savings with shorter maturities ticked up by only 0.8%

The lowdown on where and what to buy and avoiding the pitfalls while trying to save money

PFRDA makes 'penny drop' verification mandatory for NPS withdrawals. Test transaction verifies account validity, name matching. Failure of penny drop verification leads to communication to subscriber and contact with nodal officer. CRAs to complete development of functionality within a month.

Shortfalls fuelled by misconceptions and distrust of employers, as well as lack of spare income, figures show