Planning your retirement can be stressful but understanding your finances is essential to ensure a peaceful retirement. Too many, however, make a mistake in the run-up to their pension age,…
Category: Business
Business
Major bank offering £400 to switch before Christmas – how to claim | Personal Finance | Finance
Brits hoping to save a bit of extra cash before Christmas could benefit from a new switch deal worth hundreds of pounds. A major UK bank is offering £400 for…
State pensioners hit with HMRC tax bills for savings accounts | Personal Finance | Finance
More than a million state pensioners are being hit with HMRC tax bills for interest they earned on their savings accounts. Figures by investment platform AJ Bell show that 1,160,000…
Households with cash ISAs urged to make deposits as limits face cut | Personal Finance | Finance
Households with a Cash ISA are being urged to make a deposit into their savings account as Chancellor Rachel Reeves is expected to announce rule changes in the autumn Budget.…
Triple lock could be replaced by ‘more sustainable’ Australian option | Personal Finance | Finance
The triple lock mechanism was introduced in 2011 and has been increasing how much more state pension people receive each year since. However, it has been criticised as unsustainable and…
Triple lock change in the Budget ‘likely’ as Rachel Reeves has ‘no choice’ | Personal Finance | Finance
Chancellor Rachel Reeves could be forced to change the triple lock with state pensioners getting a less generous increase. The triple lock policy ensures state pension payments rise each April…
Best Cash ISA paying guaranteed 4.28% before limits cut | Personal Finance | Finance
A Cash ISA is promising to pay savers a market-leading 4.28% interest rate right now, regardless of what happens to limits in next month’s Autumn Budget. According to financial experts,…
Pension savers urged to consider 3 options to ‘spread risk’ | Personal Finance | Finance
Pension savers have been told they may want to diversify where they put their cash as there could be major changes in the looming Autumn Budget. Experts at financial planning…
Rachel Reeves could tax every penny you get – it STILL won’t be enough | Personal Finance | Finance
Last year, the Labour Chancellor swore her brutal budget was a one-off. She said: “I’m really clear: I’m not coming back with more borrowing or more taxes.” She claimed to…
Martin Lewis says many pensioners born after this year to be hit by tax for the first time | Retirement | Finance
Many pensioners will start paying tax from April 2027 as state pension is set to rise next year, MoneySavingExpert.com founder Martin Lewis has warned. The state pension is set to…