Your Money

Your Money News

Budget 2016: Government to give eligible savers up to £1,000 per year in new Lifetime ISA

16 March 2016

Pensions And SIPPs Personal Finance Savings

The Chancellor has unveiled a new Lifetime Isa, which will allow under-40s to save up to £4,000 each year and receive a government bonus of 25% or £1,000 per annum. Rather than restricting the Isa to homebuyers, as George Osborne did with the launch of the Help to Save Isa, the latest incentive can be […]

Read More...

Call for Chancellor to tackle poor state of “financial wellness” among UK consumers

16 March 2016

Economy Personal Finance

A new report has exposed the poor state of financial wellness in the UK, leading to calls for the Chancellor to urgently tackle the issue in today’s Budget. The Momentum UK Household Financial Wellness Index has found that at least 10 million adults have not made adequate provision for retirement. It also revealed that more than 25 […]

Read More...

Skiers count the cost as Brexit fears send sterling down the slopes

15 March 2016

Investment Insight Personal Finance

Sterling has fallen by as much as 10% against nine currencies of popular ski destinations compared to a year ago, meaning holidaymakers heading to the slopes in 2016 could be in for an expensive trip. Uncertainty over whether or not Britain will vote to exit the EU in the referendum this June has caused volatility […]

Read More...

One in five plan to shift pension into Isas when they reach 55

15 March 2016

Pensions And SIPPs

Nearly one in five savers (18%) are planning to withdraw their nest egg and drip-feed it into an ISA once they turn 55 – an increase of 6% on last year, according to new research from The Share Centre. The insight into how individuals are planning to take advantage of the pension freedoms – which […]

Read More...

Equity release sector responds to rising demand with greater choice

14 March 2016

Mortgages & Property Retirement Planning

The equity release market is responding to increasing demand from elderly homeowners looking to unlock cash from their homes with a wider range of products and options, according to new research by Moneyfacts.co.uk The analysis, which focused on the current offerings available in the equity release market, found that there are now 70 different lifetime […]

Read More...

Broker view: Why shares in insurer Prudential are a ‘buy’

14 March 2016

Investing Strategy Shares

Helal Miah, investment research analyst at The Share Centre, explains why he is tipping insurer Prudential as his share of the week… Life insurer Prudential reported its full year 2015 results last week, which were welcomed by the market as group operating profits climbed by 22% to £4bn. Key business units performed well with its […]

Read More...

Five ‘hidden gem’ fund tips for your investment ISA

14 March 2016

Investing Strategy Shares

Despite the thousands of funds available to UK ISA investors, many people are tempted to go with high profile names when choosing where to invest their money. However, that can mean overlooking some lesser known but equally good, funds and fund managers. Investment analyst FundCalibre has identified five hidden gems, which make its Elite Rated […]

Read More...

Chancellor George Osborne urged not to hike fuel duty in 2016 Budget

14 March 2016

Personal Finance

With the vast majority of motorists, at 84%, believing the tax burden on fuel is already too high the RAC is calling on the Chancellor to not introduce any further hikes in the Budget this week. A survey from the group found that 80% want to see George Osborne cut duty or at least continue […]

Read More...

City watchdog aims to get “financial advice and guidance to work better for consumers”

14 March 2016

Investing Strategy Personal Finance Retirement Planning

Millions of consumers could have better access to affordable financial advice and guidance that meets their needs at every stage of their lives as a result of recommendations from the Financial Advice Market Review (FAMR) published today. The review, a joint initiative between the Financial Conduct Authority (FCA) and HM Treasury has concluded there is […]

Read More...

Nearly half of homemovers plan to downsize within the coming three years

14 March 2016

Mortgages & Property Personal Finance

Almost half of those thinking of moving home in the coming three years plan to downsize, according to new research from Lloyds Bank. The lender’s analysis found that downsizing was cited as the single most popular factor for moving, with 46% of those surveyed planning to move to a smaller property with their next move. […]

Read More...
1 3 4 5 6 7 286