DWP warning as you could lose £4,528 a year to little-known pensions rule | Personal Finance | Finance

Britons have been warned to read up on the DWP rules as their income could sharply fall when they reach a key date. Experts have warned that not enough people know that a person’s entitlement to Carer’s Allowance will likely end when they start to claim their state pension. This means if you are not aware of this important date you could More...

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By admin On Wednesday, August 7th, 2024
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Barclays, HSBC, NatWest and Nationwide launch home loans at under 4% | Personal Finance | Finance

Barclays has launched the UK’s cheapest mortgage at 3.84 percent as banks and building societies battle to attract homebuyers. Further cuts are expected in the coming days which are predicted to trigger a More...

By admin On Wednesday, August 7th, 2024
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Will last millionaire to leave Labour’s Britain leave cheque book | Personal Finance | Finance

Almost half of all British millionaires say they’re now more likely to seek a new life overseas following Keir Starmer‘s victory in the general election. They’re worried about the economy, they’re More...

By admin On Wednesday, August 7th, 2024
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Worst region in country for house prices drops | Personal Finance | Finance

Average house prices increased by 0.8 percent, or £2,000, in July after three relatively flat months, according to Halifax research. However, one region is still struggling to see growth. Properties in the More...

By admin On Wednesday, August 7th, 2024
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Pensioners issued 28-day warning | Personal Finance | Finance

Retirement savers are facing a “disappointing” 28-day average wait for companies to transfer pension funds to new providers. The latest figures from My Pension Expert reveal that savers continue More...

By admin On Wednesday, August 7th, 2024
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Premium Bonds ‘left in limbo’ as customer can’t track down old Bonds | Personal Finance | Finance

A man was worried some old Premium Bonds and any potential prizes would be “left in limbo” as he was struggling to track them down. He contacted provider NS&I about the issue over X to voice More...

By admin On Wednesday, August 7th, 2024
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Drawdown warning as stock market meltdown hits pension values | Personal Finance | Finance

Before 2015’s pension freedom reforms, pensioners were obliged to buy an annuity at retirement. Annuities were rotten value when interest rates collapsed after the 2008 financial crisis, but did at least More...

By admin On Tuesday, August 6th, 2024
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‘I’m a pension expert – here’s what the tumbling stock market means for you’ | Personal Finance | Finance

Global stock markets dropped sharply this week amid rising fears that the US could be heading toward a recession. This downturn has left many people worried about what it means for their pensions, as many pension More...

By admin On Tuesday, August 6th, 2024
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Thousands urged to apply for £200 cost of living cash | Personal Finance | Finance

Thousands of households are urged to apply for a cost of living support payout of £200 before applications close at the end of August. Residents on low incomes in East Riding of Yorkshire could be eligible More...

By admin On Tuesday, August 6th, 2024
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Financial crash warning as Labour’s economic plan to implode | Personal Finance | Finance

Labour’s plans for the economy are set to crash into reality amid a faltering global economy, an expert has suggested. Matthew Lesh, Director of Public Policy and Communications at the Institute of Economic More...

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