Personal Finance

The state pension may increase by £560 next year, which would result in the first pensioner tax in 2027
Personal Finance

The state pension may increase by £560 next year, which would result in the first pensioner tax in 2027

Next April, the full new state pension is expected to rise by just over $560 annually, marking the beginning of a new era in which pensio...

Compensation for auto loans: FCA cautions drivers against utilizing fraudulent claims companies to obtain their share of £18 billion
Personal Finance

Compensation for auto loans: FCA cautions drivers against utilizing fraudulent claims companies to obtain their share of £18 billion

The Financial Conduct Authority (FCA), which cautioned consumers against taking this costly path, stated that drivers who believe they ar...

Your employer can increase your pension in five ways
Personal Finance

Your employer can increase your pension in five ways

A recent analysis found that 14.6 million people are not saving enough for retirement, and that employers can help their employees raise ...

Is your family at risk of receiving an unexpected tax bill? How to inform your loved ones
Personal Finance

Is your family at risk of receiving an unexpected tax bill? How to inform your loved ones

Even with careful and well-crafted retirement and inheritance plans, if you leave your family in the dark, they may have unforeseen expen...

HMRC is making it more difficult to verify pension tax relief claims; could you be losing out on additional funds?
Personal Finance

HMRC is making it more difficult to verify pension tax relief claims; could you be losing out on additional funds?

In the wake of an HMRC crackdown, higher earners who wish to claim the additional tax relief owed to them on personal pension contributio...

How much money do you have saved for retirement? Average pension pot by region
Personal Finance

How much money do you have saved for retirement? Average pension pot by region

We examine the average pension fund by geographic area. During your working years, your long-term financial planning should inclu...

Will you eventually run out of money in retirement?
Personal Finance

Will you eventually run out of money in retirement?

Standard Life found that depending on your level of investment returns and income, a $100,000 pension fund could last anywhere from 13 ye...

How to avoid pension fraud
Personal Finance

How to avoid pension fraud

These are the primary ploys to be aware of. As fraudsters continue to target the elderly, hundreds of people lost their retiremen...

The 2 percent trick explains how small pension top-ups can increase your retirement savings by thousands
Personal Finance

The 2 percent trick explains how small pension top-ups can increase your retirement savings by thousands

According to recent research, increasing your workplace pension contributions by insignificant amounts could result in a 52,000 increase ...

How to check your pension fees for a thousand-dollar boost in retirement
Personal Finance

How to check your pension fees for a thousand-dollar boost in retirement

The first step in ensuring a comfortable retirement is putting your hard-earned money into your pension. Higher pension fees, however, ma...

Are people under 30 most vulnerable to retirement poverty?
Personal Finance

Are people under 30 most vulnerable to retirement poverty?

Younger savers may be terribly unprepared for the demands their pension funds will have to withstand, and we may be sleepwalking into a r...

What are green mortgages, and how much can you save?
Personal Finance

What are green mortgages, and how much can you save?

We examine the eligibility requirements, application process, available cashback, and mortgage rates. Homeowners now have access ...