The latest Tesco Finance report on green activity shows that 53 percent of homeowners were driven by the chance to save money when it came to assessing energy efficient improvements in their homes.
Rising fuel costs have also driven around 54 percent of respondents to change aspects of their home to make them more eco friendly said Tesco Finance. Money is not the only driver though as some 56 percent of people said their concerns regarding the environment had influenced their decisions to some extent.
With so many demands on consumers pockets now and seemingly getting worse by the day it is no surprise to see people seeking ways to save money said a Tesco Finance spokesperson. The fact that these changes can also help the environment is an additional benefit for everyone.
Two new offshore savings accounts have been announced by Alliance and Leicester, called the eSaver Offshore Notice 50 and eSaver Offshore Issue 2.
The issue 2 Alliance and Leicester Offshore savings account replaces the original one and now pays interest at 6.25 percent gross p.a, variable. The Notice 50 savings account is better suited to those who can keep the money in place, or at least give good notice on withdrawals. This one offers a 6.35 percent interest rate on balances of GBP25,000 and over, again gross p.a.
An Alliance and Leicester spokesman explained that it was customer demand that had brought these new savings accounts to the market. They combine excellent interest rates with flexibility and so meet customer requirements very well.
A new survey by Saga Insurance has found that the grown up children of elderly parents may well end up financing their parents long term care from what was their inheritance.
As a company that works exclusively with the over 50’s Saga Insurance took the opportunity to discuss their plans and found that only 10 percent of people have actually discussed long term care for elderly parents. More worrying still perhaps is that nearly half of them fail to appreciate the actual costs, which are around GBP25 – 30,000 per year.
The view of nearly 60 percent of those who discussed the matter with Saga Insurance is that any inheritance will be used to finance the long term care parents may need. A large part of this may be that, with all the other financial pressures on people, trying to put aside money for parental care is just not possible, at least for the majority of the population.
