Personal Finance
The latest news, updates and opinions on Personal Finance from the expert team here at MoneyWeek
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Thousands of pensioners to be dragged into income tax net due to state pension boost
An extra 650,000 pensioners will have to start paying income tax as a result of next April’s 8.5% state pension increase.
By Ruth Emery Published
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The £1m pension problem: Why you may not get 25% tax-free cash
The pension lifetime allowance is being axed, but there is a sting in the tail. Savers with large pension pots could see their tax-free lump sum shrunk to just 10%. We explain what’s happening and what action you should take
By Ruth Emery Last updated
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State pension to rise to £11,500 in 2024 as wages grow
The state pension will get another boost in 2024 – but is the triple lock becoming unsustainable?
By Nicole García Mérida Last updated
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How to beat NS&I's market-leading 6.2% savings bond
While NS&I’s 6.2% savings rate is currently the highest one-year fixed account on the market, we look at how you could beat it with this one deal
By Ruth Emery Published
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Shawbrook ups rate again on easy access saver products – how does it compare?
Shawbrook bank has hiked the rates on its easy access saver and ISA again – but does it compete with other rates on the market?
By Vaishali Varu Last updated
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Why savers need to act quickly to snap up NS&I’s market-leading 6.2% interest rate
NS&I launched a market-leading one-year fixed savings account in August, but it could be pulled at any moment so savers need to act now.
By Rupert Hargreaves Published
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Three apps to save you money
Features Apps on your mobile phone can help you salt away cash, manage your finances and trim your spending. We highlight some of the best ones and explain how they work
By Ruth Emery Last updated
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What's the latest with UK mortgage rates?
Lenders have been cutting their mortgage rates, but this could change if the Bank of England decides to hike rates further due to stronger-than-expected wage growth.
By Ruth Emery Last updated
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How to get an ISA bonus with cashback
Tips Here are the best ISA bonus deals available, with some providers giving away as much as £1,000 cashback.
By Marc Shoffman Last updated
Tips