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As we begin a new year, it never hurts to review your current plans for retirement and the pensions that you hold. The last 12 months have been difficult on many individual’s finances and the volatility of the markets has meant that savers pension pots have been significantly affected by the events of the pandemic….

According to new research, more than one in four homeowners may be paying their mortgage provider’s highest rate by not taking advantage of the latest deals by remortgaging. The new study by online mortgage broker, Habito, found that 27 per cent of people were on a standard variable rate (SVR), many of whom may have…

Since the start of the year, many UK-based banks have been closing bank accounts owned by British people living in Europe following the end of the Brexit transition period. The changes predominantly affect customers of banks and building societies, such as Barclays, Lloyds and Nationwide Building Society, who live within EU member states. As a…

Under the terms of the Brexit Withdrawal agreement and the new EU trade deal, how certain financial assets can be managed and accessed in the UK and abroad has changed. While it is not yet entirely clear how this may affect investments, the Department for Work and Pensions (DWP) has already offered some clarity on…

The state pension will increase by 2.5 per cent in April 2021, giving some retirees an additional £228.80 a year. Each year the state pension increases either in line with earnings, the consumer price index (CPI) or 2.5 per cent – whichever is highest. Known as the triple lock system, it ensures that the state…

UK house price growth hit a six-year high at the end of the last year, as the Chancellor’s COVID-related stamp duty holiday pushes prices up. Nationwide recently published its latest house price index, which showed that annual house price growth hit a high of 7.3 per cent in December 2020, up from 6.5 per cent…