Personal Finance

How much do retirees typically spend annually?
Personal Finance

How much do retirees typically spend annually?

On average, retirees spend slightly more than $22,000 annually, which is nearly $10,000 less than what is advised for a moderate retireme...

What is Warm Home Discount's offer of £150 off energy bills, and who is eligible?
Personal Finance

What is Warm Home Discount's offer of £150 off energy bills, and who is eligible?

When does the discount get applied, and who can get it? With four heatwaves already this summer, temperatures in the UK are skyro...

What is your own inflation rate, and how is it determined?
Personal Finance

What is your own inflation rate, and how is it determined?

Did your own rate of inflation increase more or less than the average for the country? Inflation data, which shows how much costs...

Vacations you can afford with varying pension pot sizes: Norfolk or Norway
Personal Finance

Vacations you can afford with varying pension pot sizes: Norfolk or Norway

To match various retirement incomes, we look at the holidays, but what kinds of vacations could you afford with your pension? Ret...

What is the maximum amount that you can contribute to someone else's pension?
Personal Finance

What is the maximum amount that you can contribute to someone else's pension?

The rules are explained. According to recent studies, two-thirds of savers are not aware that they can contribute to another pers...

"I'm planning to retire early; I want to be able to stop working by the time I'm 50"
Personal Finance

"I'm planning to retire early; I want to be able to stop working by the time I'm 50"

A BFIA investor who is determined to have enough money to retire at age 50 gives advice to others who are aiming for an early retirement....

Two million people take their retirement funds out before they reach the state pension age
Personal Finance

Two million people take their retirement funds out before they reach the state pension age

New data raises concerns about whether people are withdrawing funds from their pensions too soon, as seven out of ten pension savers who ...

Although more families are taking advantage of tax-free childcare, thousands of parents continue to be left out
Personal Finance

Although more families are taking advantage of tax-free childcare, thousands of parents continue to be left out

Might you be losing out on thousands of pounds in assistance? Many eligible families are still not fully utilizing government-bac...

It is "unbelievably unfair" that inheritance tax is applied to pensions even if you pass away before the age of 55
Personal Finance

It is "unbelievably unfair" that inheritance tax is applied to pensions even if you pass away before the age of 55

This could discourage people from saving for retirement and "risks eroding trust in the pension system," according to experts....

Ahead of new inheritance tax regulations, retirees are cautioned against making significant amends to their pensions
Personal Finance

Ahead of new inheritance tax regulations, retirees are cautioned against making significant amends to their pensions

We go over safe ways to deal with the impending inheritance tax change. There may be serious unforeseen consequences if retirees ...

While the gender gap in state pensions is "almost closed" for new retirees, it continues to widen in the private sector
Personal Finance

While the gender gap in state pensions is "almost closed" for new retirees, it continues to widen in the private sector

The state pensions of those retiring today show that the gender pension gap has been virtually eliminated, according to new data. p...

Millions could benefit from a state pension boost; learn how to fill in any gaps in your National Insurance record
Personal Finance

Millions could benefit from a state pension boost; learn how to fill in any gaps in your National Insurance record

According to new research, up to one in four pensioners are not aware that they could fill in gaps in their National Insurance record and...