savings

Chancellor Philip Hammond rules out pensions tax taper reform

The unpopular pensions tax taper system is here to stay. 

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Digital banking app Loot goes bust after it fails to secure financial backing from RBS

Banking app Loot has entered administration after allegedly running out of cash.

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Pensions minister calls for ethical investing - but could a generational divide be holding back green money?

Pensions minister Guy Opperman MP (pictured top) has called for pension funds to be used to invest money ethically - but investment managers remain sceptical, citing a generational divide holding back a tide of green money.<...>

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Rising energy prices take blame for uptick in inflation as workers’ wages are squeezed

Inflation has risen for the first time since August 2018 as rising household energy prices bear brunt of the blame.

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Saving for retirement: shovel when you can

A friend of mine has been working in a good job in publishing for a decade now, saving diligently to buy her first home

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Ban contingent charging on pension transfers to stop unsuitable investments, say MPs

The Work and Pensions Committee has repeated its calls to the Financial Conduct Authority to ban contingent charging for defined benefit pension transfer advice.

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Retirees withdrawing too much from their pensions, HMRC figures show

Britain’s retirees are withdrawing above the suggested 4% annual withdrawal rate from their pensions, according to figures released by HMRC.

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Metro Bank tells customers their cash is safe after false social media rumours cause queues at branches

Metro Bank has reassured customers that their money is safe after false rumours on social media at the weekend suggested the bank was experiencing financial problems.

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Big banks closing branches shouldn't force customers to use Post Office, warns Treasury Committee

The Parliamentary Treasury Committee has published a report today that criticizes banks for effectively using the Post Office and taxpayer money to bail out their shrinking branch networks.

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Pension savers fail to join up the dots between their cash and what it is invested in

An alarming number of pension savers do not know that their pension pots are actually invested in the stock market.

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