Virgin is paying 1.45% on its E-IsaDevote an afternoon to some simple money administration, and you could make a big difference to your finances over the year. As it’s the new year, many of us …
Easy ways to save cash
Category: Personal Finance
A time for pension consolidation
Consolidating can be time-consuming, but it’s worth itTo get a grip on your pension finances, it helps to have it all in one place. For many people, getting to grips with their finances is a …
Giving to charity: how to donate a little bit more
Which charity Christmas cards are best?If you want to donate to charity over Christmas, there are things you can do to maximise your generosity, says Ruth Jackson. Set aside the shopping and the feasting – …
Retire at your leisure
It’s now easier to manage work and playToday’s pensions allow for a lot more flexibility when scaling back on work. A record number of people are currently in work, according to government figures. One part of …
Lisas limp on, but savers are missing out
Lifetime individual saving accounts (Lisa) have hardly been a roaring success. In the 2017-2018 tax year, 166,000 Lisas were opened, according to data from HM Revenue & Customs. This is well down on its forecast …
When should you retire?
Delaying taking a pension must be weighed up carefullySchedule your retirement party, but your financial options take more thinking about. It’s not always easy to decide when to start drawing your pension. Last month saw …
Gifts that keep giving
Magical: a Harry Potter first editionChristmas presents needn’t be disposable tat. Here are some great gifts that will last. Although it might not make for the most interesting-shaped present under the Christmas tree, money is …
IMF warns of new state-pension age changes
Savers currently planning their retirement may be in for a nasty surprise, according to the International Monetary Fund (IMF). On current projections, the UK’s public spending on pensions is unsustainable, so future governments may need …
VCTs in short supply for pension investors
Five Guys: a VCT success storyPeople looking for a tax-efficient place to invest may be disappointed. Long-term savers hoping to maximise their tax-efficient investments could be caught out this year by a limited supply of …
Cut costs on rail travel
Cut the cost of the commute with a railcardThere’s not much you can do about train ticket-price inflation, but there are ways to save on season tickets. Rail fares will rise in line with inflation …