While the rise in interest rates is welcome to many, savers are facing the prospect of paying tax on their savings for the first time in some years. Rises in salary earnings are also pushing a larger number of people into the higher rate or additional rate income tax band, Read more…
The cost-of-living crisis has seen people considering cancelling their life insurance payments to save money. Research carried out by insurance company, Vitality, suggested that only three out of ten respondents considered life insurance as a financial imperative. It also revealed that a majority of people did not consider life insurance Read more…
Just relying on your state pension in later life could leave you suffering a threadbare retirement. The current State Pension stands at just £185.15 a week, as of December 2022. To make sure you have a more financially successful retirement, it pays to put things in place now. Firstly, make Read more…
The September Mini-Budget sent the economy into a tailspin, causing chaos in the mortgage market and sending interest rates rising. A change at Number 10 & 11 Downing Street, and the Autumn Statement has bought some stability, but many mortgage holders and first-time buyers are still left scratching their heads. Read more…
Given the pandemonium around the gilts market after the Mini-Budget in September, it would seem that investors would naturally shy away from Government bonds. But as the dust settles and rates recover is there an opportunity for investors? Government bonds or gilts are akin to an IOU that the Government Read more…