Personal Finance
Coverage and analysis of the latest personal finance, tax, pensions and insurance news from the expert team at MoneyWeek.
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Lasting power of attorney fee to increase to £92 - apply now to beat the price hike
A lasting power of attorney can be used to appoint a loved one to help with important financial and medical decisions. With the application fee rising this month, should you apply now?
By Ruth Emery Last updated
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Reeves told scrapping pension salary sacrifice would cost average earner £377 a year
MPs – including chancellor Rachel Reeves – have received a letter warning of the dangers in reducing or removing salary sacrifice schemes for pension contributions, a plan under consideration by HMRC.
By Laura Miller Published
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Saving vs investing: which is better to help you make more money?
While saving is great for short-term goals (five years or less), investing is a great way to help your money grow over the long term. But is one better than the other – and what is the real difference? We explain how they differ and what it could mean for your money.
By Holly Thomas Last updated
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Nest Pensions abandoned by 10 million workers – why are savers ditching the UK’s biggest workplace pension?
Savers are halting contributions and leaving millions of small pots behind them, Freedom of Information (FOI) data provided exclusively to MoneyWeek shows. We look at why and what it means.
By Laura Miller Published
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Warning to up to 3.5 million unmarried couples who risk losing their share of the home
The number of properties owned jointly but unequally by unmarried couples has jumped, leaving millions more exposed to problems if they decide to split. Here’s how to protect your assets.
By Laura Miller Published
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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 Katie Williams Last updated
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How to shield your money as Reeves refuses to rule out income tax hikes and warns of ‘necessary choices’
Chancellor Rachel Reeves appeared to lay the groundwork for higher taxes in the Autumn Budget on Tuesday morning and refused to stand by her manifesto pledge not to increase income tax.
By Daniel Hilton Published
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How are Premium Bonds prize winners notified – and who is Agent Million?
We look at how Premium Bonds winners are notified and how the winnings get paid. Plus, who is Agent Million?
By Ruth Emery Last updated
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UK state pension is least generous in the G7 – how do other rich countries compare?
British retirees get substantially less in state pension than in other wealthy nations, and for fewer years, but the balance is a lower tax burden on working age people
By Laura Miller Published
