Read our 10 most popular stories from September 2016
Make sure you're up to date with all the latest news, tips and guides by checking our 10 most popular stories on Moneywise.co.uk in September 2016.
1. Should I pay off my mortgage out of my savings? - Our financial planning expert answers a reader's question about the best way to pay off a mortgage.
2. Investment doctor: How to invest £3,000 for 10 years - In the first of a regular series, we give investment advice to a reader about how to make the most of a windfall.
3. How good is Virgin Money’s new 2.25% regular savings account? - Virgin Money has launched a new regular savings account, offering flexible deposits and access with 2.25% interest and a Premium Bond-style bonus system offering the chance to win wine, holidays and more.
4. Half a billion Yahoo accounts stolen by hackers – Sky & BT email customers also at risk - Yahoo has confirmed the accounts of 500 million people were stolen in 2014, in what the company has dubbed a “state sponsored attack” – meaning it believes another country’s government is behind the hack.
5. Lifetime Isa given green light, but doubts remain over launch date - The government has confirmed the Lifetime Isa will go ahead as planned and has so far resisted calls to expand the list of lifetime events that qualify for the generous bonus.
6. How supermarket loyalty cards and price match schemes stack up - While it feels good to earn points every time you hand over your loyalty card at the checkout, it shouldn’t influence the way you shop. We compare the main reward schemes, plus supermarket price-match guarantees.
7. Savers risk leaving their spouse short at retirement - An increasing number of couples are not making any provision for pension payments to continue to the surviving partner in the event of their death, according to new research by Aegon.
8. BBC iPlayer users to log in to use catch-up service from 2017 - Viewers of the BBC’s iPlayer service, which enables you to catch-up on TV rather than relying on live broadcasts, will need to ensure they have their details to hand in “early 2017”, as they’ll need them to access the corporation’s online services.
9. "We used peer-to-peer to boost our savings" - Seven investors tell Moneywise about their experience of the relatively new peer-to-peer (P2P) sector and how they view the risks involved.
10. You need to pay to watch BBC iPlayer from September - Viewers of the BBC’s online catch-up service, iPlayer, need to ensure they have a TV licence to watch or download programmes from today.
An unexpected one-off financial gain in cash or shares, generally when mutual building societies convert to stock market-quoted banks. Also windfall tax, a one-off tax imposed by government. The UK government applied such a measure in the Budget of July 1997 on the profits of privatised utilities companies.
Invidivual Savings Accounts were introduced on 6 April 1999 to replace personal equity plans (PEPs) and tax-exempt special savings accounts (TESSAs) with one plan that covered both stockmarket and savings products, the returns from which are tax-exempt. The ISA is not in itself an investment product. Rather, it’s a tax-free “wrapper” in which you place investments and savings up to a specified annual allowance where the returns (capital growth, dividends, interest) are tax-exempt (you don’t have to declare ISAs and their contents on your tax return). However, any dividends are taxed within the investment, and that can’t be reclaimed.