Attendance Allowance payments to rise next year – how much will pensioners get? | Personal Finance | Finance

As part of his Autumn Statement, Chancellor Jeremy Hunt confirmed that the majority of benefits administered by the Department for Work and Pensions (DWP) would receive a payment rate hike. Among the affected payments is Attendance Allowance, which is a benefit that those of state pension age who have a long-term health condition or illness may More...

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By On Tuesday, December 6th, 2022
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Premium Bonds alert: Savers risk ‘not receiving any’ despite £1million jackpot | Personal Finance | Finance

Premium Bonds are a saving product administered by NS&I, where, unlike other accounts, interest is not acquired in a traditional way. Savers are instead automatically enrolled into a jackpot lottery, which More...

By On Tuesday, December 6th, 2022
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Pension tax relief: Key area to watch as Treasury ‘may be tempted’ to target in 2023 | Personal Finance | Finance

As a surprise to many, pensions remained unscathed from Chancellor Jeremy Hunt’s Autumn Statement in November. A host of revenue-generating tax increases were announced, both on income and wealth, but the More...

By On Tuesday, December 6th, 2022
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Energy saving tips: Simple appliance swaps could help you save over £1,100 | Personal Finance | Finance

Swap electric oven for slow cooker By swapping the use of an electric oven to cook to a slow cooker instead, households could save 59 per week, amounting to £30.68 per year. On the simple swap, Forbes Advisor More...

By On Tuesday, December 6th, 2022
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Iceland offers over 60s 10% discount on food shop every Tuesday | Personal Finance | Finance

Fruit teacakes, Lotus Biscoff Biscuits, and Iceland Strawberry and Vanilla Cones also rank in the top 10 most purchased using the Over 60s discount. However, these aren’t the only products flying off the shelves More...

By On Sunday, December 4th, 2022
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Building society offers savers the ‘top’ easy access rate on the market at 2.85 percent | Personal Finance | Finance

Coventry Building Society has recently re-launched the online savings account making it the “top easy access rate” offered in the market at the moment, according to MoneySavingExpert.com. Coventry Building More...

By On Saturday, December 3rd, 2022
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‘Lost half your money’: UK’s highest-flying Isa fund is now worst ‘Crashing to earth’ | Personal Finance | Finance

This has been a tough year for investors generally, but some funds have fared much worse than others. The riskiest have imploded. Global stock markets have crashed this year, with the once rampant US technology More...

By admin On Friday, December 2nd, 2022
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NS&I announces December 2022 Premium Bonds prize winners – have you won £1million? | Personal Finance | Finance

NS&I has shared some details about the Premium Bonds holders who have become millionaires after their winning bond numbers were picked as this month’s jackpot prize winners. This month’s top More...

By admin On Friday, December 2nd, 2022
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State pension age could rise earlier – costing millions of Britons £10,000 | Personal Finance | Finance

Mel Stride, the new work and pensions secretary, has suggested the state pension age could be raised as public finances struggle. The DWP secretary suggested the state pension age could increase, even though More...

By admin On Friday, December 2nd, 2022
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Martin Lewis’ state pension tip could see you turn £800 into £5,500 | Personal Finance | Finance

Mr Lewis said: “During the period that you were missing years, you may not have got the National Insurance credits that you were entitled to, and you may be able to get them for free, which can substantially More...

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