Personal Finance
The latest personal finance news, features, analysis and insights covering savings, tax changes, pension planning, banking and insurance from the expert team at MoneyWeek.
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How much do you need to follow the 25x retirement rule?We explain what the 25x retirement rule is and the amount you would need to be financially independent in retirement.
By Marc Shoffman Last updated
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Thousands of families hit with inheritance tax bills on gifts – how to reduce your liabilityThousands of families have been hit with an inheritance tax bill in the last four years after making larger gifts – but there are other ways to reduce an IHT liability.
By Sam Walker Published
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State pension set to rise by 3.9% – how much could you get?The UK state pension is set to rise by 3.9% per year from April 2027 after new wages data was published by the Office for National Statistics, but thousands more retirees face a higher income tax bill.
By Sam Walker Published
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How SIPP platform fees and unclaimed tax relief could cost you tens of thousands in retirementMore than five million people hold Self-Invested Personal Pensions (SIPPs) with a total of £567 billion inside, according to the Financial Conduct Authority. How can savers get the best value for money when choosing one?
By Sam Walker Published
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Stopping pension contributions can leave you £12k worse offDitching pension contributions temporarily is an irreversible, costly mistake which could dent your retirement pot by thousands.
By Kalpana Fitzpatrick Published
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How are Premium Bonds prize winners notified?We look at how Premium Bonds winners are notified and who is NS&I’s Agent Million.
By Daniel Hilton Last updated
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How do Premium Bonds work?NS&I’s Premium Bonds operate differently from typical savings accounts. We look at how they work.
By Daniel Hilton Last updated
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Eight reasons you may need to register for self-assessment before 5 OctoberFrom claiming pension tax relief to having a side hustle, there are lots of reasons why you may need to register for self-assessment, and the 5 October deadline is approaching fast.
By Daniel Hilton Last updated
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Why over-65s are at risk of tax on their wealthRetirees face a quadruple hit on their wealth – but there are ways to lessen the tax blow.
By Sam Walker Published
