The Bank of England might continue to keep interest rates on hold – but that hasn’t stopped savers from getting an increasingly worse deal on the high street. Analysis by the BBC, in conjunction with Savings Champion and published in May, found there were more than 1,000 interest rate cuts in the past 12 months. ... Read More
A look at how you might earn an income from your savings and the funds that offer a potentially stronger return. Up until a few years ago, many people – especially those approaching retirement – assumed that they’d be able to use their savings to supplement their income. Yet with interest rates having fallen to ... Read More
After a tough financial year, is now the time to discuss your finances? In April 2015, the UK’s major stock market – the FTSE 100TM – climbed to a new record high. Barely eight months later, it had slumped by more than 20%. Market rises and falls might be part and parcel of life as ... Read More
The financial analyst group Moneyfacts has described the current Individual Savings Account (ISA) savings market as possibly the ‘worst’ ever seen in the UK. Returns on ISAs are at record lows, while changes due to come into effect in April will see the introduction of a new Personal Savings Allowance (PSA), which will render ISAs’ ... Read More
