Results for Money tag

Common car insurance loopholes could leave drivers in the lurch if something goes wrong, Which? research reveals, with gaps in cover for personal belongings, often toothless legal expenses cover and surprising exclusions for courtesy cars. Car problems can be financially disastrous if you are on a low income, or have limited savings, especially if you […]

Ele Clark, Senior Editor, Which? Money, said: “It is welcome news that Amazon and Visa have agreed a deal for Amazon to continue accepting Visa credit cards. “Using a credit card to pay offers shoppers valuable legal protections that debit cards can’t, and removing this option for Visa cardholders would have meant fewer rights for […]

Which? warns that the power of attorney system is in desperate need of improvement, as new research finds widespread confusion about how the process works and banks often causing avoidable problems for people registering as attorneys. Lasting Power of Attorney (LPA) is a legal document where one person gives another the power to make financial […]

Ele Clark, Senior Editor, Which? Money, said:  “Which? research has found that shoppers are being bombarded at the checkout with various BNPL schemes, but given little to no information or warnings about the risks of late fees or getting into debt, so it’s right that the FCA has taken steps to require firms to make […]

Jenny Ross, Which? Money Editor, said: “It is shocking that some victims of financially and emotionally devastating crimes like bank transfer fraud have been left in limbo for years. It is vital that the ombudsman makes good on this pledge to clear the backlog of cases quickly and fairly. “The huge rise in push payment […]

Jenny Ross, Which? Money Editor, said: “Buy now, pay later (BNPL) services offer ease and convenience for many shoppers, but our research has found that many people use these schemes without realising they are taking on debt. “With the cost of living rising, appropriate affordability checks are needed to prevent people from building up debts […]

Four in 10 current account holders have been with the same bank for more than 20 years, new Which? research reveals, despite challenger banks outperforming traditional high street banks in the consumer champion’s current account survey. Which? surveyed more than 4,400 members of the public on their opinions of their current account providers, and found […]

Jenny Ross, Which? Money Editor, said: “Swathes of branch closures in recent times have dramatically reduced people’s ability to withdraw cash and left entire communities without someone to speak to face-to-face about financial matters, so it is encouraging to see a building society commit to protecting these essential services. “While the renewed agreement between the […]

Jenny Ross, Which? Money Editor, said: “Our findings show just how time-consuming and laborious tax returns can be for many, so the sooner you can get started the better. “Waiving late filing and payment penalties will give many people more breathing space to manage their tax affairs, but you’ll still be charged interest if you […]

Britons will have spent 25 million hours filling in their tax returns this year, Which? has found, as its new research reveals that many people will have to dip into their savings to pay the tax they owe or will leave the task to the last minute. With the 31 January online tax return deadline […]