UK interest rates unchanged at 0.5%
The Bank of England has kept UK interest rates at 0.5% and announced no expansion to its quantitative easing (QE) programme.
Although largely expected and good news for borrowers, this is not good news for savers.
If you are tired …
Are mums undervalued?
They probably are. If mums want to look after their family, they need to put themselves first for a change.
Over half the mums in Britain don’t have life assurance. Yet the cost of paying someone to carry out the …
Can I make pension contributions if I don’t pay UK tax?
If you don’t pay tax you can still pay into a personal pension and benefit from basic rate tax relief (currently 20%) on the first £2,880 a year you put in. In practice this means that if you pay £2,880 …
Man v Woman – Who contributes more to pensions?
Over a third (37%) of women aged over-50 do not have a private pension, compared to a fifth (20%) of men.
Of the women that do have a pension, 16% in or nearing retirement have decreased the amount they have …
28% of Britons over 50 have no retirement savings in place
6.25 million Britons aged over-50 (28%) have no pension plan in place and look set to rely on just the state pension in retirement, a huge increase on the 1.2 million people who live solely on the state pension today …