While you probably have a private or workplace pension that provides an income in retirement, there’s another source of money that may be more important to your finances than you realise. It’s your State Pension, and while it may seem relatively insignificant, it could provide up to £9,627.80 a year in 2022/23. The State Pension … Continued

As the world continues to deal with the Covid pandemic, and now the Russian invasion of Ukraine, it seems higher inflation could be around for longer than initially feared. As energy and fuel prices continue to spiral and the cost of other household goods increase, the Guardian reports that experts now predict inflation will reach … Continued

According to the Office for National Statistics, men approaching the age of 65 are likely to live for a further 20 years. If you’re a female aged 65, you’re likely to live for 22 more years. Great news, you might be thinking – two decades of holidays and good times with the family. While you … Continued

When the 2022/23 tax year starts, freezes on certain allowances that were introduced by the chancellor in 2021 come into effect. One such freeze is the nil-rate band (NRB), which is the amount you can have in your estate on death before Inheritance Tax (IHT) is due. When the freeze was announced in March 2021, … Continued

UK-based price comparison website Money is offering what many would consider to be a dream job. It requires you to play games, watch TikTok and stream movies all day long. While you may think it will go to someone in their teens or 20s, you’d be wrong, because the only people who should apply are … Continued

According to This is Money, those looking for better returns are putting their cash into fixed-rate savings. It reveals that almost half of savers are looking at fixed-rate deals to get higher rates of interest and better growth on their money. While on the face of it, it may seem like shrewd financial planning, in … Continued

A common perception of pensions is that they are complicated and difficult to understand. It’s hardly surprising when you consider that financial planners must pass gruelling examinations to advise clients on their retirement funds. Furthermore, they then have to undergo continuous professional development to demonstrate they have kept up to date with any changes in … Continued

When one of the greatest minds ever to have lived is said to have called something the “eighth wonder of the world”, it certainly demands our attention. But what was Albert Einstein referring to? While you might automatically assume it was the science of light or the black holes that are dotted around our universe, … Continued

No one loves to pay taxes. But there is one tax that stands head and shoulders above the others when it comes to unpopularity. And the winner of this dubious accolade? Inheritance Tax, or IHT as it is also known, according to a survey that found 90% of those asked said they disliked the tax. … Continued

According to pension provider Aegon, more than half of those aged 50 or above have turned their back on a traditional retirement. Nearly three-quarters (70%) of those surveyed said they wanted to reduce the number of days they worked and “ease” themselves into retirement, instead of finishing work for good. Long gone are the days … Continued