UK savers are voting with their feet and changing accounts in large numbers in the hunt for higher interest rates. There was a reported 317 per cent increase in the switching of accounts in the last three months of 2022. This accounts for a total of £73.5 billion being put Read more…
The headlines are full of stories about rising interest rates and their impact but it is the real interest rate that matters. Interest and inflation interact in a variety of ways. Inflation affects the rate of interest, known as the real interest rate. This is because when the value of Read more…
We all take risks in life, whether it is investing our hard-earned money or taking a chance on something that could potentially pay off. But when it comes to making financial decisions, risk management is essential for ensuring long-term success. It is important to understand how your attitude towards risk Read more…
Making the most of your pension savings in the UK is an important issue for people of all ages. Retirement planning is a complex and ever-changing process, and it can be difficult to navigate the various options available. It is essential to understand how pensions work and the different types Read more…
There is a growing gap between the pension savings and payments of men and women, according to research. When it comes to state pension incomes, women who retired before 2016 get £146.78 a week on average, while men receive £172.71. Under the current state pension, women get £165.05 on average Read more…