44 h. ago The £30,000 pension timebomb as savers are left to sort their own retirement: RUTH SUNDERLAND

The notion that millions of people can manage without access to proper financial advice is, frankly, for the birds.

Economics

5 d. ago Government to set for £1,000 pension rule change for all savers

Companies have been blasted for failing to increase pensions in line with inflation

Economics

8 d. ago Lucky Premium Bonds saver scoops £1m jackpot after buying £20,000 worth... in February!

An NS&I saver has snapped up a £1m prizes with a bond they bought less than a year ago in this month's Premium Bonds prize draw.

Economics

1 week ago HMRC sets new rules to stop savers getting around reduced £12,000 cash Isa limit

The Government department set out the rules after announcing its Isa change at the Budget earlier this week

Economics

1 week ago New rules set to stop savers getting around reduced £12,000 cash Isa limit

Guidance on the HM Revenue and Customs website said rules will be introduced ‘to avoid circumvention of the lower limit for cash Isas’.

Economics

1 week ago Lifetime Isa rates hiked as high as 4.69%: With the accounts set to be scrapped should you open one NOW?

As part of the Budget, the Government has confirmed that changes to the lifetime Isa are on the horizon. At the same time, two lifetime Isa providers have been locked in a battle to offer the top rate.

Politics

1 week ago Expert gives five tips on how to start investing – rather than relying on savings after cash ISA cut

The Budget reduced savers’ allowance for cash ISAs to £12,000 a year – but would you be better off investing anyway?

Economics

1 week ago Government must not ruin LISA's huge success story for young savers

Since 2021, the Lifetime ISA has delivered a £1bn net boost to the Treasury with revenues consistently outweighing the cost of government bonuses.

Politics

1 week ago ‘Sucker punch’ for savers as annual cash Isa limit to be cut to £12,000

Savers over the age of 65 will continue to be able to save up to £20,000 in a cash Isa each year.

Economics

1 week ago ISA reform means young people may avoid £450K cap on first homes as part of Budget

The Lifetime ISA, or LISA, allows people aged between 18 and 39 to save for a first home with a purchase price of up to £450,000

Economics

2 w. ago £900 fine risk as HMRC warns workers deadline is ‘fast approaching’

Many workers across the UK could be at risk of facing a fine of £900 or more without even realising

Events

2 w. ago Rachel Reeves ‘set to deliver big blow for savers in Budget as she eyes up Cash ISA cut’

RACHEL Reeves is set to slash Cash ISA allowances in a big blow to savers, a report claims. The Chancellor is expected to cut the amount savers can stash away tax-free into Cash ISAs from £20,000 to £12,000 per tax year, according to The Financial Times. Earlier reports suggested Reeves was planning to slash the...

Economics

2 w. ago Now Reeves hits prudent savers: As she prepares £15billion welfare splurge, Chancellor is to slash the annual cash Isa from £20,000 to £12,000

In a major blow to millions of hard-working savers, the Chancellor will significantly cut the annual £20,000 cash Isa tax-free allowance to £12,000, it emerged on Monday.

Economics

2 w. ago Martin Lewis predicts change for anyone saving for first time coming in Budget

The Lifetime ISA is a type of savings account where you can put save up to £4,000 each tax year - in return, the Government then gives you a 25% bonus

Economics

3 w. ago Brits charged more than £100m in ISA penalties last year – Rachel Reeves, please fix this mess

The Lifetime ISA was meant to help young people buy their first home. Instead, it’s punishing them for trying. Gabriel Nussbaum explains why the Chancellor needs to reform it - before more first-time buyers pay the price

Economics

3 w. ago Boost for savers as FSCS protection limit will rise to £120,000 within weeks

The amount of cash that is protected if a bank or building society goes bust will rise for the first time in eight years, the Prudential Regulation Authority today confirmed.

Economics

3 w. ago HMRC fines hit 130,000 savers over lifetime ISA cash withdrawal rule

New HMRC figures reveal savers who break cash withdrawal rules are being met with penalties over £13,500, as rising numbers face harsh charges for accessing money earlier

Economics

3 w. ago HMRC hits 130,000 ISA savers with £790 charge for breaking rules

The penalties hit people who withdrew money from their LISA accounts early

Economics

3 w. ago HMRC issues £789.75 penalties to ISA users for breaking cash withdrawal rules

The scheme which is open to people aged 18-39 and has been backed by Martin Lewis - who has warned of the pitfalls

Economics

3 w. ago Government issues update after calls to change Lifetime ISA rules

People are calling out for a reform of the UK Government savings account

Politics