Don’t be swayed by impressive interest rates and fun perks, says Ruth Jackson. Mini bonds aren’t as good an investment as they look.
In this short video tutorial, Ed Bowsher runs through the nuts and bolts of opening a stocks and shares Isa, and gives you some investment ideas to consider.
Savers are using the pensions freedom rules to dip into their retirement funds at an alarming rate, says David Prosser.
The latest data breach is another reminder of the importance of keeping your online identity and financial information as safe as possible.
Fewer than one in five divorces where a financial award is made include provisions for pension sharing, says the Ministry of Justice.
Phoenix Life, the pensions company that specialises in taking on other insurers’ historic savings plans, has dropped exit fees for customers who have benefits worth less than £5,000.
Overly generous transfer payments to savers leaving defined-benefit pension schemes could jeopardise the pensions of those remaining, says David Prosser.
The state-backed bank is popular, but there are better rates on offer elsewhere for savers, says Ruth Jackson.