Pension annual allowance rise going unused by two-thirds of key group, survey finds | Personal Finance | Finance
High net worth individuals (HNWIs) are not making the most of the increase to the pensions’ annual allowance after its introduction a year ago, new research reveals. New data from the Saltus Wealth Index Report shows that only a third of HNWIs are taking advantage of the increase from £40,000 to £60,000 in the amount you save into a pension More...
‘I’m a finance expert – here’s why the state pension should increase by 12.5%’ | Personal Finance | Finance
A financial expert has said that state pension payments should go up by more than the 8.5 percent increase pensioners are receiving this month. Yiannis Zourmpanos, senior contributor at Bountii, told Express.co.uk: More...
Pension savers urged to read up on key allowance rule as they could get ‘higher return’ | Personal Finance | Finance
Pension savers have been urged to learn about a key allowance to get the most out of their pots. Money expert Karen Barrett, from financial advice group Unbiased, said people may not be aware of the pensions More...
Flagship savings policy ‘to cost taxpayers £6.7bn’ as those on higher incomes reap rewards | Personal Finance | Finance
The Government’s flagship policy to promote saving is expected to cost taxpayers £6.7billion in 2023-24 with “vastly” more tax relief going to those on higher incomes, Resolution Foundation analysis More...
Most popular side hustles for 2024 – with little to no starting costs | Personal Finance | Finance
As Britons grapple with high living costs, many are turning to side hustles to supplement their income and ease the strain of household bills. Side hustles often require an initial investment, but money.co.uk research More...
Stealth tax raid on dividend payments to hit millions from this weekend | Personal Finance | Finance
Millions of small investors and businessmen face another cut in the tax free amount they earn on dividends from April 6. The latest cut means the total tax free amount people can earn each year from the dividends More...
Three investing tips to ‘set yourself up for success’ in the year ahead | Personal Finance | Finance
As the new tax year begins, investors seeking strategies can “set themselves up for success” in the year ahead with a few key tips, an expert has said. Prioritising smart investment decisions is paramount More...
How to write a will: Expert explains importance – and what to ‘watch out’ for | Personal Finance | Finance
‘I’m a solicitor, here’s why you need to write a Will – and what to watch out for’ (Image: Clarion) A recent report from the National Wills Register shows that in 2023, less than half of UK More...
Newcastle Building Society launches new ‘competitive’ ISA | Personal Finance | Finance
Newcastle Building Society launched a new single-access ISA this week paying a five percent interest rate, earning an “excellent” Moneyfactscompare rating. Savers need just £1 to launch the account and More...
Second wave of inflation is coming as oil price soars and Israel-Iran war looms | Personal Finance | Finance
Share prices in the US, Europe and Asia fell as the oil price jumped past $90 a barrel, amid growing fears grow of a direct conflict between Israel and regional rival Iran over Gaza. If the oil price continues More...
