Posting to Facebook can be good for your wealth Apps on your mobile phone can help you salt away cash and manage your finances. But these tools may be less useful than they seem, says …
Three apps to save you money
Category: Personal Finance
Asos: setting the trend when it comes to savings
Asos: helping staff look to their future The retailer’s plan to offer a range of savings options may inspire others, says David Prosser. It’s a dilemma that will be familiar to many 20- and 30-somethings: …
A foolproof way to avoid inheritance tax. Or is it?
The longer you live, the lower your average annual returns The one thing that I know keeps you up at night is inheritance tax. You spend hours thinking about how you might avoid it. I …
How to avoid foreign exchange rip-offs on your holidays
Change your money before you get to the airport The rates you will get at airport foreign exchanges are worse than you might think – planning ahead really is worthwhile, says Ruth Jackson. If you’re …
Pension withdrawals: an emergency best avoided
HMRC’s emergency tax code is a potential disaster you want to avoid Many savers are paying too much tax on their pension withdrawals, says David Prosser. A flaw in the tax system means tens of …
Beware the money-mule scam targeting students
Think before you accept advances on social media Young people should be aware of the criminal implications of taking part in “money-mule” schemes. Criminals are increasingly turning to teenagers to help them launder cash. Last …
Painfully slow pension transfers
Don’t wait in Ministers warn pension providers to stop dragging their heels. Many simple pension transfers still take far too long, the government told the pension industry last week, amid mounting frustration about the delays …
Don’t miss out on the best current accounts
Santander offers cashbacks on bills of up to 3% There’s no point sticking with a bank that offers a bad deal. Make sure you move when rates are cut. Lloyds is cutting the interest rate …
Why it pays to grumble about pensions
Don’t hold back if you’re not satisfied Not enough people whinge, but those that do have a point. Customer dissatisfaction with pension products resulted in fewer complaints than any other regulated financial service last year, …
VCT tax relief tempts savers
Don’t get too exposed to the sun… or to any single business sector Venture capital trusts are the vehicle of choice for those who’ve maxed out their pensions. Venture-capital trusts (VCTs) raised £728m from investors …