The coronavirus lockdown is forcing millions of us to reduce our spending and economise. But one thing you shouldn’t cut back on, if possible, is contributing to your workplace pension. Here’s why.
The government has enhanced its support package for businesses, employees and freelancers affected by the coronavirus lockdown, following complaints that many have been unable to access help. So what’s changed?
The COVID-19 lockdown has put the UK’s housing market on hold. Find out what impact this could have on you, whether you’re hoping to buy, sell, move home or just remortgage – and how long it might last.
‘Grandma, what did you do in the coronavirus lockdown?’ ‘That’s when I started the family business.’ Yes, we have to stay at home – but that’s no reason to be bitter. Sweeten your lockdown experience by taking some decisive financial action at last.
In 20 years of working as a scaffolder, Darren never had an accident at work. And then he did. But despite severe injuries, he was able to get back on his feet – thanks to the insurance he’d taken out just three months before.
As much of the UK goes into quarantine to help stop COVID-19, your business may be feeling the pinch. If your customers are staying away and the bills still need paying, what can you do to help your business through these tough times?
Two interest rate cuts in a single week have brought the base rate down to a record low of just 0.1 per cent. This could be good news for anyone on a tracker mortgage, first-time buyers and those looking to remortgage. Can you benefit?
The COVID-19 crisis has hit stock markets hard in recent weeks. This can be a serious issue for anyone relying on a pension pot, either near-retirement or post-retirement. What can you do to cushion the impact of a market crash?
The coronavirus outbreak means that mingling and meeting new people may be out – at least for a while. But the advice to self-isolate is no barrier to finding financial advice – as most IFAs and mortgage brokers are happy to help you remotely.
If you have a £100,000 pension pot, your retirement income will probably be around £4,000 to £5,000 per year, not including the state pension. However, it could be more or less than that, depending on various circumstances include how and when you choose to access your pension. Here’s how to estimate your retirement income.
The new Chancellor Rishi Sunak has delivered his first Budget after barely a month in the job. So how did he do – and what does it mean for your personal finances?
After severe battlefield injuries left him with complications, former paratrooper Damien struggled to find affordable life insurance back home. Then he thought to seek advice from a protection specialist.
We’ve grown used to thinking of Conservative governments as being all about tax cuts. But a leading economic think tank has warned that tax rises are now necessary to deliver on spending plans. We offer some predictions based on the options available to the Chancellor.