UK Households Advised to Save Three Months’ Take-Home Pay for Emergencies Sunday, March 1, 2026 savings finance emergencyfund personalfinance uk gendergap millennials financialplanning budgeting resilience New research reveals that one in five UK adults has less than £1,000 saved in an emergency fund, highlighting significant financial vulnerability across the nation. Personal finance experts warn that younger people and women … Read More
Labour to Scrap Pension Bonus in New Lifetime ISA Rules Thursday, January 29, 2026 lifetimeisa labour retirement savings pensions homebuyers treasury investment financialplanning bonuses The Labour government has announced plans to overhaul the Lifetime ISA, removing the option to save for retirement and ending the government’s 25% monthly bonus contributions. The new savings scheme will be exclusively … Read More
What People Born After 1959 Need to Know to Claim Their State Pension Friday, December 26, 2025 pension statepension retirement pensionsystem statepensionage retirementplanning ukpensions financialplanning agechange policy If you were born after 1959, it’s important to be aware that the state pension age is changing. From next year onward, the age at which you can claim your state pension will be rising. This change aims to reflect increasing … Read More
UK Households Advised to Gift Money to Children Before HMRC Pension Tax Changes Sunday, November 16, 2025 inheritance gifts pensions taxation hmrc wealth families financialplanning taxfree estates As the UK government prepares to include pensions in the inheritance tax (IHT) net starting in 2027, families are seeking effective ways to protect their assets. One strategy gaining attention is gifting money to children or … Read More
HMRC’s Proposed Changes to Household Rules Raise Concerns Over Long-Term Impact on Pensions Thursday, November 6, 2025 hmrc pensions ukbudget finance retirement taxrelief budget2023 labourgovernment financialplanning investment The recent adjustments introduced by HMRC in late November have sparked concerns about potential long-term harm to UK households, particularly regarding pensions. As anticipation builds around the forthcoming Labour … Read More