Offset your mortgage and save thousands
An offset mortgage is a smart and tax efficient way to cut your mortgage costs, yet surprisingly only around ten per cent of borrowers are currently taking advantage of this type of home loan.
An offset mortgage is a smart and tax efficient way to cut your mortgage costs, yet surprisingly only around ten per cent of borrowers are currently taking advantage of this type of home loan.
Yesterday the Department for Work and Pensions (DWP) issued a factsheet highlighting the qualification rules for means-tested welfare payments in the context of the new pension freedoms. In short, it warned that anyone on benefits could face problems if they choose to take all the cash out of their pension pot.
The City watchdog was the latest organisation to warn this week of pension scams. With the new pension freedoms coming in on 6 April, the Financial Conduct Authority (FCA) said people need to watch out for scammers trying to trick you into investing your retirement savings in questionable schemes.
Hundreds of thousands of women who are now turning 60 will no longer get inflation-linked increases on a part of their employer's pension – but most of them will be unaware of the change.
The Government's pensions guidance service is up and running. That's crucial as the new freedoms that allow you to do what you like with your retirement savings are just over a week away.
Do you earn less than £15,600 a year or know anyone who does? If so you – or they – will qualify for tax-free interest on your savings from early next week. The change comes into force on 6 April, the start of the new tax year – but to ensue you get your savings tax-free, you need to register with your bank or building society.
When Gemma Steel was crowned European Cross-Country champion in Bulgaria, a flight delay meant she only landed at 3am on race day but logistics did little to deny her a first major title at the age of 29.
Spring brings this beguiling Spanish city to life, with a pair of flamboyant festivals, and thousands of orange trees in bloom
The Financial Conduct Authority has still not learnt from last year’s calamitous “pre-briefing” of insurance market reforms, and its chief executive, Martin Wheatley, is still in denial about what went wrong, a committee of MPs warns today.
Discovered in the wreck of a British ship off the coast of Holland in 1859, Lloyd’s of London’s Lutine Bell was traditionally rung once for good news and twice for bad – when an insured vessel failed to turn up at its port of call. The idea was that underwriters would eventually find out whether the ship had arrived, or not, at the same time, preventing unscrupulous characters from passing on the risk to unknowing rivals.