The popularity of endowment mortgages, which were frequently sold to people who made no provision to repay them with a savings product has meant that many people enter retirement with a mortgage still to pay.
Read moreThe popularity of endowment mortgages, which were frequently sold to people who made no provision to repay them with a savings product has meant that many people enter retirement with a mortgage still to pay.
Read moreYour pension may well be the best investment you ever make. Thanks to the support provided by the taxman, every pound you put in your pension pot grows with tax relief, even before your fund manager gets to work to invest it on your behalf.
Read moreThe announcement on Wednesday that the UK economy is now officially in recession has come as no surprise, with the news in the first half of 2020 dominated naturally enough by Covid. The financial news has been mainly centred around its effects, from the dramatic collapse – and equally dramatic recovery – of the market – to Chancellor Sunak’s exciting minibudget designed to get the economy rolling again.
Read moreThe lockdown is at last being unlocked, and many of us are making full use of the opportunity to enjoy the simple pleasures we have been missing. A drink in our local, or a meal in our favourite restaurant or a trip to the ‘non-essential’ shops. But as the masks and the injunctions to keep our distance remind us, Covid-19 has not gone away.
Read moreWe should technically call it a statement rather than a minibudget – but the Chancellor’s announcement on Wednesday still contained plenty of dramatic measures designed to help the economy on the road to recovery.
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