The age limit for paying off some mortgages has risen to 85 – three years beyond current UK life expectancy. It’s good news for older people who may have feared lenders wouldn’t touch them, but what are the implications of your mortgage outliving not just your job, but you too? Owning your own home
As part of our TaxAction 2016 campaign in partnership with Prudential, we bring you the ten top ideas for reducing your tax bill, as supplied by financial advisers listed at Unbiased. You don’t need a hedge fund to make your money grow fast – you just need to trim back the amount you waste every day
One of the reasons why you might save up is to safeguard your family against misfortune. But a rainy-day fund can only do so much. For a truly adequate level of protection, life insurance is often a better solution – and it’s more versatile than you might think.
The bank staff have drawn the blinds – but you don’t have to. Remember you promised to sort out your money as soon as you had a spare moment? Later you can go out and throw bread to the ducks, but first think about how well you’re feeding your savings. Our bank holidays in the UK date back
Turning self-employed can bring a new lease of life. You’re no longer working for The Man and it’s all down to your own skills and vision. Just remember that running your own business is more satisfying, but also more challenging – so keep these tips to hand as you begin.
Financial independence is a cornerstone of gender equality. Yet a majority of women are letting it slip through their fingers, by not saving enough into their pensions. But why do so many women overlook retirement planning – and what should you be doing about it? That women earn less on average than men will come
Is your income as unpredictable as the British weather? Savings interest rates getting you down? Are you wary of locking up your liquid assets in your home? Then you may be interested in a flexible way to borrow and save at the same time. Is it a bird? Is it a savings account? Is it a
We are in the midst of a savings revolution. In a few short years, both ISAs and pensions have been transformed beyond recognition – and more change may be yet to come. Stuart Dewin of Questa Chartered peers into the future to explore the latest options for savers. Two years ago George Osborne announced that
As part of the TaxAction 2016 campaign, unbiased.co.uk and Prudential have released a new guide. Find out how and why your pension is so effective at saving you unnecessary tax. In early 2016 the headlines were full of the Panama papers, amid speculation as to who had been trying to trim their tax bill. The irony is,
Stop the Press: David Cameron’s mother gifted him £200,000 in a possible bid to avoid inheritance tax. But what we demand to know is this: why don’t more people do the same? The non-story of the week was the revelation that David Cameron may not have to pay inheritance tax (IHT) on a £200k gift
In part 1, Steve Carlson of Carlson Wealth Management compared the returns of drawing from pension with that of buying a rental property. In this second part, he looks at the possible returns of doing both at the same time. When we last saw Mr Jones, he was horrified at the thought of paying £75,175
If you’re thinking about joining the ranks of the ‘silver landlords’, Steve Carlson of Carlson Wealth Management has plenty for you to think about. In the first of a two-parter, he compares the benefits of buy-to-let property with simply drawing money from a pension. So which is better – pension or property? I’m sure
Soon you may be able to make an early tax-free pension withdrawal to pay for financial advice on your retirement choices. Why is the government proposing this option now, and why should you be interested? They say the early bird catches the worm. One easy-to-miss snippet in the recent Budget was a proposal to allow