Personal Finance
The latest news, updates and opinions on Personal Finance from the expert team here at MoneyWeek
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Reeves expected to review pension contribution rates in Mansion House shake-up
Chancellor Rachel Reeves is expected to kickstart her long-awaited pensions adequacy review, which could involve increasing workplace contribution rates above 8%
By Katie Williams Published
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Little-known way inheritance tax pension raid could put thousands of businesses at risk – ‘issue is flying under the radar’
Changes to inheritance tax rules could wipe out 15,000 businesses where owners put their premises in their pension, experts have warned
By Laura Miller Published
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What is the average salary by age – and how do you compare?
Are you making more than your peers? We look at the average salary by age to see how much the typical Brit earns at different stages of their life
By Daniel Hilton Last updated
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High earners underestimate how much they need to retire comfortably
High net worth individuals grossly misjudge how much money they need for a comfortable retirement, new data shows, with many not saving enough.
By Daniel Hilton Published
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Retired banker who gave wife £80m to avoid inheritance tax won’t face equal split in divorce
Family lawyers say the Supreme Court ruling will have significant impact on high net worth divorce cases
By Laura Miller Published
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Is your job title increasing your car insurance costs?
When it comes to the cost of your car insurance, job titles matter. We reveal the ones that could potentially add hundreds to the cost of your policy
By Daniel Hilton Last updated
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One in six don’t know who will inherit their pension
What happens to your pension when you die – and why is naming a beneficiary so important?
By Katie Williams Published
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Problems with your water supply? You could get up to £2,000 compensation
Water companies have been forced to increase the amount of compensation they pay customers for failures. We explain who is eligible
By Laura Miller Published
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State pension age with back pain or arthritis? You could get a £6k a year boost
Thousands of people are claiming Attendance Allowance for back pain and arthritis and it doesn’t matter how much you have in savings. We explain the eligibility rules
By Laura Miller Published