Category: Finance
Gen Z enthusiastic about new investments but save the least among all generations
A poll of 2,000 adults has found that while Baby Boomers save the most money, Gen Z reckon they know how to make their money work hardest for them …
Pensioners forced to pay another £57m in tax they don’t even owe – and HMRC won’t stop
HMRC has been forcing pensioners to pay tax they don’t actually owe for almost a decade and there’s no end in sight. It has to sort this out. Seriously. …
Customer stunned as cash machine ‘steals her money’
They were trying to pay money in when the error reportedly happened. …
“Terrifying” deepfake video alert – Santander warns fraudsters will use AI to con Britons
The videos can effectively put words into the mouths of individuals to direct people to websites that are used to hoover up personal and financial information. …
Pension transfer times hit 28-day average as expert issues warning
The average waiting time to transfer a pension peaked at an alarming 28 days, according to new analysis …
HMRC explains how to ensure tax on pensions is correct after unique query
The department said the person may need to call a helpline. …
DWP warning as you could lose £4,528 a year to little-known pensions rule
Experts have warned that not many people know their income could suddenly drop …
Pension drawdown warning as hidden risk smashes retirement pots
Today’s stock market volatility is a threat to the growing army of pensioners who leave their savings invested in retirement via income drawdown. Many are exposed to the US technology crash without realising it. …
Slashing two-child benefit limit could have major impact on deaths and A&E admissions
A new study has revealed that scrapping the two-child benefit cap could have a significant impact on the UK – and would ease the burden on the NHS …
NS&I launches two new savings accounts that are ‘likely to sell quickly’
This is the first time in 15 years that NS&I has released these types of savings accounts. …
