Savings Accounts

Ten years after the global financial crisis, its impact is still being felt in parts of the UK where house prices have declined or only slightly increased since 2008.

Becoming a millionaire is not an unrealistic dream. If you pace yourself, you could achieve millionaire status by the time you’re ready to retire.

What is Help to Buy?

Buying a home is one of the biggest financial transactions you’ll ever make, and on top of the price of the property there are a wide range of associated costs both before and after completion.

Pension automatic enrolment makes it mandatory for employers to offer you a workplace pension that you both pay into. A percentage of the pension contribution comes out of your salary, and your employer (and the government) tops it up with “free” money.

The state pension was first introduced in 1909 and around 500,000 people aged 70 and over were paid five shillings (25p) a week. Taking inflation into account, that’s around £28 per week in today’s money.

Dealing with the death of a loved one is always going to be hard. Here we explain what happens to their bank accounts and what steps you need to take to get their financial affairs in order.

The last 18 months have seen savings rates gradually edge up, providing hope for savers who have faced low rates since the Bank of England cut the base rate to 0.50% in March 2009, where it remains following the latest Monetary Policy Committee (MPC) meeting on June 21, 2018.

The most common way to save for retirement is with a pension, but even with auto-enrolment, the majority of us are still not saving enough.

When interest rates are low, investors look away from traditional savings accounts to find returns that beat inflation.