Personal Finance

Is it better to downsize your home or release equity?
Personal Finance

Is it better to downsize your home or release equity?

We consider the benefits and drawbacks of each. If you've accumulated a sizable amount of equity in your house that you'd like to...

The ways that raising pension contributions can improve your retirement and child benefit
Personal Finance

The ways that raising pension contributions can improve your retirement and child benefit

Last year, the High Income Child Benefit Charge (HICBC) threshold was raised, which was a welcome relief for thousands of parents. In add...

The state pension underpayments totaling £804 million have been identified by the government Do you owe money?
Personal Finance

The state pension underpayments totaling £804 million have been identified by the government Do you owe money?

After looking into administrative errors in state pensions, officials found underpayments totaling more than 804 million. After i...

Women from Waspi are the target of a phony compensation scam
Personal Finance

Women from Waspi are the target of a phony compensation scam

Fraudsters are attempting to obtain the personal information of women who are members of Women Against State Pension Inequality (Waspi), ...

With the DWP's recent announcement of a minor pension pot shake-up, could you receive a boost of £1,000
Personal Finance

With the DWP's recent announcement of a minor pension pot shake-up, could you receive a boost of £1,000

We look at what the government's small pensions pot consolidator plan could mean for you. Government plans to consolidate small w...

The risks of renting in retirement are higher for older renters and 2,000 pounds less than for homeowners
Personal Finance

The risks of renting in retirement are higher for older renters and 2,000 pounds less than for homeowners

If a pensioner continues to rent, their retirement may be less favorable than that of a home owner. New research shows the financ...

What is my tax liability for investments?
Personal Finance

What is my tax liability for investments?

Investment profits have been scrutinized by successive governments in an effort to increase revenue, and they are now more likely to be t...

If inheritance tax revenues increase by 10%, is it possible to lower your IHT obligations?
Personal Finance

If inheritance tax revenues increase by 10%, is it possible to lower your IHT obligations?

According to today's (April 23) HMRC update, loved ones who inherited money, property, and other assets paid a record amount in inheritan...

Here's how to exchange old coins and notes - What to do with old twenty pounds?
Personal Finance

Here's how to exchange old coins and notes - What to do with old twenty pounds?

We describe where to exchange old 20 and 50 notes as well as what to do with them. On September 30, 2022, the United Kingdom disc...

The UK counties with the highest odds of winning are premium bond hotspots
Personal Finance

The UK counties with the highest odds of winning are premium bond hotspots

Each month, the Premium Bonds prize draw awards millions of dollars in prizes, including two payouts of one million dollars to the fortun...

How is technology influencing financial advice in the context of AI?
Personal Finance

How is technology influencing financial advice in the context of AI?

However, is the regulatory landscape prepared for artificial intelligence to take center stage in the financial industry? Althoug...

Ten strategies to reduce your capital gains tax liability
Personal Finance

Ten strategies to reduce your capital gains tax liability

The Labour government has increased capital gain tax (CGT) rates as part of its revenue-raising efforts, which means that you may now hav...