Retirement: Why saving too much, in the wrong place, could cost you thousands
It may seem like the ultimate first world problem. However, saving too much into a pension could cost you tens of thousands of pounds in unnecessary tax. We all need to prepare for retirement. In…
Bank of Mum and Dad still doing brisk business
With hardly any queues, convenient opening hours and a great location, the Bank of Mum and Dad is the preferred financial institution of many. Membership is limited (it helps if they’re actually your parents!), but…
Retirement: Do you have enough?
How much do you need for retirement? It’s not an easy question to answer, for a number of reasons. For one thing, it depends entirely on how you want to spend your retirement. If you…
What is an ISA?
An ISA, or Individual Savings Account, is a type of savings or investment account which has significant tax benefits and can be used in a variety of ways. There are a range of ISA account…
Disappointing launch for peer to peer ISAs
Individual Savings Accounts, or ISAs as they are ubiquitously known, have been the savings and investment account of choice for many since their launch in 1999. What’s not to love? They offer tax efficient returns,…
Final Salary pensions: Why are transfer values rising?
New research, by Xafinity, has shown that Final Salary pension (also known as Defined Benefit pensions) transfer values rose by 3% in August. The rise is predominantly due to a fall in the yield on…