The secret to saving more for your retirement could be regularly switching jobs, figures suggest. In fact, according to FTAdviser in November 2024, those who frequently take new career opportunities have more saved for retirement. For many workers, gone are the days of a job for life. Instead, employees are switching jobs more frequently than ever. Figures from 2024 collected …
For many pensioners, the State Pension provides a foundation to build their retirement income. Whether you’re already claiming the State Pension or it’s still some years away, here’s what you need to know in 2025/26. In the 2025/26 tax year, you can claim the State Pension from the age of 66. However, the age will gradually start to increase from …
Political instability in Europe and further afield affected investment markets in December. Read on to find out what other factors may have influenced your investment returns at the end of 2024. Remember to focus on your long-term goals when assessing the performance of your investments. The value of your assets rising and falling is part of investing. What’s important is …
Preparing to buy your first home can be exciting, but it might also be a milestone you’re feeling apprehensive about. Not only will you be making a large financial commitment, but the process of buying a property can seem complex and filled with jargon. Indeed, according to a survey from Halifax, more than half of under-35s admit they don’t feel …
Interest rates are expected to fall in 2025. If you’re a homeowner, it could present an opportunity to reduce your mortgage repayments and boost your finances overall. The Bank of England (BoE) increased the base interest rate when inflation was high as a way to slow down the rising cost of goods and services. Between December 2021 and August 2023, …
The number of people with at least a million pounds in their ISAs is on the rise. If you want to join their ranks, consistency and investing could be key. An ISA is a tax-efficient way to save or invest. The interest or investment returns added to your ISA won’t be liable for Income Tax or Capital Gains Tax. As …
If it’s been some time since you reviewed your pension, going through these practical tasks could help you get more out of your retirement savings in 2025. As retirement could be years away, it’s easy for your pension to slip off your list of priorities. In fact, a survey from The People’s Pension suggests that almost a fifth of savers …
Using allowances and exemptions could reduce your overall tax bill and help you get more out of your money. On 5 April 2025, the current tax year will end, and many tax-efficient allowances and exemptions will reset. So, here are five that you may want to consider using before the 2025/26 tax year starts. 1. ISA allowance ISAs provide a …
On 5 November 2024, US citizens voted for their next president, and the election had a knock-on effect on investment markets and business prospects around the world. Republican Party nominee Donald Trump will serve a second term as president of the US. Trump has previously spoken about imposing harsh import tariffs, including a tariff of up to 60% on goods …
With 195 countries to choose from, deciding where to go on your next holiday can be tricky. In a world where many popular holiday destinations are flooded with visitors and overwhelmed with inauthentic restaurants and shops, you might want to find a place off the beaten path so you can truly enjoy the country you’re visiting. This is where Lonely …
