Keep an eye on costs – they can soon add upChoose your Sipp provider carefully: saving on fees can make a big difference to your fund. When it comes to picking a company that offers …
How to pick a Sipp
Category: Personal Finance
Peer-to-peer: cutting out the middleman could cost you
There are a vast array of peer-to-peer lending sites. That’s why you need a company to help research and collate the ones that might suit you. Alternative finance isn’t quite as alternative as it used …
Don’t miss the pensions deadline
Gobble up every last morsel of your tax allowancesThere are just five weeks left in the 2018-2019 tax year, so make sure you’ve made full use of your allowances. Once the tax year ends on 5 April, …
How to improve your credit score
Taking out a credit card can actually boost your ratingIt always pays to check your credit score, says Ruth Jackson. Even if you’ve never been turned down for a loan, you could still be missing …
Ways to pep up your pension returns
“Alternative” investments can be risky, but are worth considering if you want to increase your pension returns. Savers whose retirement funds are invested only in “conventional” assets could be missing out, according to a new …
Fat cats’ pension payments provoke shareholder revolt
Huge pension payments to executives could trigger a wave of shareholder protests at some of Britain’s biggest companies this year, amid mounting anger over the generosity of contributions made on behalf of directors. The Investment …
Watch out for sophisticated pension fraudsters
New laws aimed at cracking down on pension fraud have prompted scammers to move online, warns the Financial Conduct Authority (FCA). The City regulator said that 54% of the savers using its investment-scam checker tool …
Don’t get caught by the pensions cap
Cash from a pension could help finance a holiday homeBreaching the lower annual-contribution allowance on your pension can trigger a nasty tax bill Almost one million people are at risk of punitive tax charges because …
Pensions drawdown disaster
Some drawdown plans destroy savingsThe regulator will now require pension providers to offer default options Pension savers taking out income-drawdown plans as they move into retirement are to be offered ready-made investment arrangements, under new …
Make the most of your car
You can rent your car out when you’re not using itCars are expensive to run, but you can make some money back from yours by renting it out. With the average car costing £1,849 a year …