Personal Finance

Tips for increasing your chances of receiving the Winter Fuel Payment
Personal Finance

Tips for increasing your chances of receiving the Winter Fuel Payment

To make sure you're qualified, we share some pointers. This year, the Winter Fuel Payment will be given to pensioners earning les...

Is a pension pot of £250,000 sufficient for retirement?
Personal Finance

Is a pension pot of £250,000 sufficient for retirement?

Because of the high cost of living, having a sizable pension fund is still essential for retirement planning and making sure you have eno...

Autumn Budget 2025: Could Rachel Reeves target certain areas and will taxes increase further?
Personal Finance

Autumn Budget 2025: Could Rachel Reeves target certain areas and will taxes increase further?

Given the strain on the public coffers caused by weak economic growth and overburdened public services, Chancellor Rachel Reeves has decl...

Do you have thousands of dollars' worth of antique dolls and old clocks in your attic?
Personal Finance

Do you have thousands of dollars' worth of antique dolls and old clocks in your attic?

We consider the potential sale price. It's worth carefully going through your loft or attic if it's filled with decades' worth of...

Pension frenzy: Three things to think about before taking an early withdrawal are the surges in lump sum withdrawals by 55-year-olds
Personal Finance

Pension frenzy: Three things to think about before taking an early withdrawal are the surges in lump sum withdrawals by 55-year-olds

A post-pandemic high was reached last year in the number of people taking lump-sum withdrawals from their pensions as soon as they could....

In 2023–2024, HMRC will raise £105 billion through special investigations into the wealthy How can you safeguard yourself?
Personal Finance

In 2023–2024, HMRC will raise £105 billion through special investigations into the wealthy How can you safeguard yourself?

How do you ensure that you are not caught? In the 20232024 tax year, HMRC collected over 10.5 billion in tax from special investi...

Five reasons why it's time to audit your investments and savings
Personal Finance

Five reasons why it's time to audit your investments and savings

Every April, as the previous tax year comes to an end and a new one begins, investors and savers are under tremendous pressure to take ac...

Pensioner poverty hotspots are areas in the UK where retirement is particularly difficult
Personal Finance

Pensioner poverty hotspots are areas in the UK where retirement is particularly difficult

According to new research, older people in some regions of the UK are struggling financially more than others, making them part of a grow...

Should you forgo a larger pension in exchange for a higher salary?
Personal Finance

Should you forgo a larger pension in exchange for a higher salary?

One of the best ways to increase your personal wealth is to sacrifice your salary. If you're unsure of how to spend your yearly bonus, th...

Paying high pension fees could deplete your retirement fund by £70,000 It's time to review your current payments
Personal Finance

Paying high pension fees could deplete your retirement fund by £70,000 It's time to review your current payments

According to a new analysis exclusively for BFIA, high fees could deplete your pot by up to 70,000. Most savers are unaware of how much t...

Why it's beneficial to reach an agreement early on in a divorce financial settlement battle
Personal Finance

Why it's beneficial to reach an agreement early on in a divorce financial settlement battle

The courts are contesting divorce-related financial settlements at the highest level in 16 years, according to new data, as rising living...

Winter Fuel Payments will be given to nine million pensioners as Reeves modifies eligibility requirements
Personal Finance

Winter Fuel Payments will be given to nine million pensioners as Reeves modifies eligibility requirements

Who is going to be eligible? Following the announcement of changes to the eligibility requirements today, millions of pensioners ...