Thousands of pensioners owed refund due to DWP error
Over 200,000 pensioners – mostly women – are expected to receive letters from HM Revenue & Customs (HMRC) informing them that they are entitled to a payment of £5,000. The payments are due
Author: Lamont Pridmore WM
Over half of adults in Great Britain report an increase in their cost of living
According to an Office for National Statistics (ONS) survey from May 2024, 55 per cent of adults across Great Britain reported an increase in their cost of living compared to April. The data
No financial protection policy for over half of the UK’s working parents
Recent research from MetLife UK has revealed that over half (52 per cent) of working parents have no form of financial protection. This means should they find themselves needing to take time off
Do you feel more financially confident? New research suggests UK has turned a corner
The UK’s consumer confidence grew again in May, with people continuing to see a brighter future for their finances. This is according to the Consumer Confidence Index from researchers GfK. They saw a
Long-Term Asset Funds (LTAFs) – What are they and how can you use them
Introduced in November 2021, Long-Term Asset Funds (LTAFs) are a relatively new category of UK-authorised and regulated open-ended fund vehicles. They are specifically designed to facilitate investments in long-term, less liquid assets while
The future of defined benefit pensions: Is there one?
Defined Benefit (DB) pension schemes have long been a cornerstone of retirement planning in the UK, offering retirees a guaranteed income based on their salary and years of service. However, the sustainability of
To fix or not to fix – ISA strategies for the new tax year
With the start of the next tax year a recent memory, many of us will be looking to find the best ISA deal to make the most of the new year’s £20,000 allowance.
Maximising your ISA potential: Learn from the UK’s top investors
In an eye-opening revelation, the latest figures for the 2020-21 tax year have showcased the immense potential of Individual Savings Accounts (ISAs) in the UK. With the largest ISA pot exceeding £11.6 million,
UK consumers grow more confident in personal finances: A sign of economic recovery?
In a recent turn of events that could signal a positive shift in the UK’s economic landscape, a closely watched survey has revealed that UK consumers’ confidence in their personal finances has reached
Exploring the future of UK pensions: The Pot for Life
UK pensions are on the cusp of a significant transformation, thanks to the concept of a “Pot for Life.” Since the introduction of auto-enrolment, which has seen a remarkable uptake with 88 per