Home Tags Money

Tag: Money

Do You Understand What A Power Of Attorney Is?

A lack of understanding about powers of attorney is leading to distress for families that need help when loved ones can no longer cope. Half...

108,000 Millionaires On The Move Around The World

The number of millionaires packing their bags and opting to live abroad rather than in the country where they were born soared by 14%...

Letting Agents Fee Buy To Let Is In Downward Spiral

The number of new landlord instructions is at the lowest level since records started in 1998 and looks set to keep falling, suggests the...

Parents’ Spare Cash Can Boost Their Children’s Pensions

Wealthy parents with cash to spare can boost the retirement prospects of their children by paying into their pensions. Current pension rules do not stop...

360,000 State Pension Forecasts Wrong, Admits Minister

Hundreds of thousands of retirement savers have planned their state pension spending based on the wrong figures, a red-faced minister has admitted. At least 360,000...

A Third Of Pension Savers Shun Financial Advice

Retirement savers and investors are shunning financial advice, according to the latest official data. One in three pension savers are making  financial decisions without taking...

Family Finances Make Over 55s Worse Off Than Expected

Half the over 55s who thought they had worked out how much money they needed to fund a comfortable retirement need to get their...

Little Sympathy For Pension Scam Victims From Tax Judges

Retirement savers who opted to switch their money to  pension liberation scams are finding tax tribunals have little sympathy when they appeal penalties. In the...
Tax

You Don’t Stop Paying Taxes When You Retire

If you think you stop paying taxes when you retire, then think again and be ready to see the tax man swipe a large...

Britain Is Most Expensive Country To Send Expat Workers

Britain is the most expensive country for companies to send expat workers, according to new research. Expat pay packages have soared by £44,688 to £311,240,...

Workplace Savers Don’t Understand Pension Workings

A huge financial knowledge gap means most retirement savers have no idea that their money is invested in stocks and shares. This means they fail...

Older Borrowers Unlock £840m Cash From Property

Older homeowners are drawing cash out of the value of their properties to pay down their debts, suggests new research. The money is settling mortgages,...

How A Pension Break Can Impact Retirement Finances

Taking a break from making pension contributions can cost much more than the savings by the time a saver retires, argues a new study. The...

UAE Tax-Free Cash Bonus Is Retirement Boost For Expats

Expats are relying on their tax-free end-of-service gratuities in the United Arab Emirates to bolster their pension savings. Nine out of 10 expats are paid...

Pension Complaints Rocket By 24%, Says Ombudsman

Complaints about pensions have soared by 24% in a year, says the Financial Ombudsman. The independent adjudicator highlighted poor advice is putting some people’s lifetime...

Bitcoin Value Soars To Become The Year’s Best Investment

In a spectacular reversal of fortune, cryptocurrency Bitcoin is on target as the best performing investment for this year. After a colossal collapse from being...

No One From UK Makes The World Billionaire Rich List

No one on the British rich list of the country’s wealthiest people has a personal fortune that would put them anywhere near a top...

Cashless Society Is On The Way, Warns New Report

A boom in mobile payments is pushing a drive for  cashless economies ahead in some South East Asian countries. The springboard is easy access to...
tax pay

Come Clean About Stealth Taxes, Urges Think-Tank

Successive Chancellors of the Exchequer have stealthily increased tax rates for hundreds of thousands of high earners by freezing, a think-tank study has revealed. Economists...

Central Banks Stockpile Gold To Drive Up Global Demand

The demand for gold hit grew 7% year on year on the first quarter mainly driven by central banks stockpiling more of the precious...