Personal finance

Should you defer your pension and stay in work?
Old man in a factory
Pensions

Should you defer your pension and stay in work?

The pros and cons of deferring your pension and staying in employment beyond 66 are finely balanced.
15 Sep 2021
I wish I knew what a marginal tax rate was, but I’m too embarrassed to ask
TETA marginal tax rate
Too embarrassed to ask

I wish I knew what a marginal tax rate was, but I’m too embarrassed to ask

Your marginal tax rate is simply the tax rate you pay on each extra pound of income you earn. Here's how that works.
14 Sep 2021
How to stop recurring subscriptions becoming a drain on your money
Woman with online meal recipe box
Personal finance

How to stop recurring subscriptions becoming a drain on your money

Tracking and pruning subscriptions isn’t as easy as it sounds. Here's how to take charge.
14 Sep 2021
Why the government's plan for funding social care is a lousy one
Rishi Sunak
UK Economy

Why the government's plan for funding social care is a lousy one

Insisting that people use their property wealth to pay for social care is perfectly reasonable, says Merryn Somerset Webb.
10 Sep 2021
What’s better than two types of income tax? Three types of income tax!
Boris Johnson, Rishi Sunak, Sajid Javid
UK Economy

What’s better than two types of income tax? Three types of income tax!

The government is to fund social care costs by raising National Insurance contributions and adding a “health and social care levy”. John Stepek looks …
7 Sep 2021
I wish I knew what a drawdown was, but I’m too embarrassed to ask
Too embarrassed to ask

I wish I knew what a drawdown was, but I’m too embarrassed to ask

Drawdowns are an unfortunate part of an investor’s life. But what exactly is a drawdown?
31 Aug 2021
In a “defined contribution” pension? Cheer up!
Pensions

In a “defined contribution” pension? Cheer up!

Max King explains why today’s defined contribution pensions are in many ways better than the final salary pensions of old.
31 Aug 2021
Cover of MoneyWeek magazine issue no 1022, Friday 23 October 2020

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How to capitalise on the secondhand car boom
Personal finance

How to capitalise on the secondhand car boom

A new-car shortage is forcing car buyers to turn to the used market. Alex Rankine breaks down why.
27 Aug 2021
The trouble with dumb “smart” gas and electricity meters
Personal finance

The trouble with dumb “smart” gas and electricity meters

The widely trumpeted smart meters for gas and electricity are a fiddly and expensive mess.
24 Aug 2021
How to top up your state pension
Pensions

How to top up your state pension

To get the full state pension, you will need to have made national insurance contributions for at least 35 years, But if don't qualify, you may be abl…
17 Aug 2021
The drawbacks of pension drawdown
Pensions

The drawbacks of pension drawdown

Using pension drawdown to tap your retirement savings requires careful preparation, says David Prosser.
17 Aug 2021
How can you avoid paying inheritance tax?
Tax

How can you avoid paying inheritance tax?

Middle-class families are being trapped by a tax designed for the rich reports Alex Rankine. He explains ways which inheritance tax (IHT) can be avoid…
12 Aug 2021
Working from home? Make sure you claim everything you can
Tax

Working from home? Make sure you claim everything you can

People working from home can receive up to £140 a year in tax relief.
4 Aug 2021
Premium Bonds: a better bet for savers when interest rates are low
Savings

Premium Bonds: a better bet for savers when interest rates are low

Cash is a dull investment with interest rates near zero – but there is one way to make it more exciting without risk
2 Aug 2021
Beware: the government could cut tax relief on pension contributions
Pensions

Beware: the government could cut tax relief on pension contributions

The government may soon cut tax relief on private retirement savings, says David Prosser.
30 Jul 2021
Why you should treat whole-life insurance policies with extreme caution
Personal finance

Why you should treat whole-life insurance policies with extreme caution

Whole-life insurance policies are often marketed to people in their 50s and over. But there are significant drawbacks and you could end up with nothin…
28 Jul 2021
The myth of hypothecated taxes
Tax

The myth of hypothecated taxes

The government wants to add a penny on our National Insurance contributions to pay for social care. But it won’t, says Merryn Somerset Webb. It will j…
23 Jul 2021
Regulator to clamp down on transfers out of final salary pension schemes
Pensions

Regulator to clamp down on transfers out of final salary pension schemes

The Financial Conduct Authority wants to make it harder for people to leave final-salary pension schemes.
21 Jul 2021
I wish I knew what the lifetime allowance was, but I’m too embarrassed to ask
Too embarrassed to ask

I wish I knew what the lifetime allowance was, but I’m too embarrassed to ask

If you have been saving into your pension for some time now you may have heard the term "lifetime allowance". Here's what that means.
20 Jul 2021
Why you should expect higher insurance premiums
Insurance

Why you should expect higher insurance premiums

Car and home insurance will be more expensive once the country fully re-opens.
20 Jul 2021
Flexi Season tickets sow confusion for commuters
Personal finance

Flexi Season tickets sow confusion for commuters

The new rail Flexi Season tickets that aim to help people commute part time don’t live up to their name.
13 Jul 2021
Why you should consider deferring your state pension
Pensions

Why you should consider deferring your state pension

Deferring your state pension entitlement when you turn 66 still makes sense in some circumstances, says David Prosser.
6 Jul 2021