Finding cheap dual fuel supplier could help people save

Switch for the chance to WIN**

Terms & conditions apply, click for details.

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

* Between 01/04/17 and 30/09/17, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch.com saved £491 or more. **T&Cs apply. Details at https://switch.ukpower.co.uk/world-cup-promo

With it becoming increasingly difficult to save money for retirement, people who find a cheap dual fuel supplier may be in a position to put away a little extra each month.

Robin Ellison, partner at Pinsent Masons, says one way to get around the problem is to start stashing away cash at an earlier stage.

Commenting on the issue, the expert explains: "The barriers for people who save are higher than they have ever been before. A great deal of this - although not all of it - is due to the regulatory framework."

While putting away a little extra from a young age may help, an alternative way to financial well-being in later years may be to sign up to a deal with a cheap dual fuel provider and put the savings into a pension fund.

Recent research by Aviva showed more than a quarter of people older than 55 tend to dip into savings in order to pay for unexpected expenses.

Posted by Jim Tidy

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.


Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.

Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more