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Investment Sense View
Millions of savers were dealt another blow earlier this month as NS&I announced rate cuts across their range, with even Premium Bonds affected.
National Savings and Investments (NS&I) was set up to provide a relatively cheap source of government borrowing. It offered security, simplicity and dependable returns ...
The referendum of 23rd June 2016, that began the UK’s journey out of Europe, delivered a seismic shock not just to the UK stock market, but to markets around the world.
However, after some frightening rumblings, the economic landslide never happened. There was a marked initial ...
New research has shone a light on our changing retirement habits, as we struggle with the twin effects of inflation and ‘skrinkflation’.
Figures from pension provider, Retirement Advantage, show that:
The days of the ‘cliff edge’ retirement, where one day ...
Final salary pensions have been big news over the past few months.
The personal finance press has been awash with articles suggesting members should consider transferring their final salary pension. At the same time, unfortunate members ...
Investment Sense News
From next week, savers will receive a boost to the level of protection they get if their bank or building society goes bust.
Currently, the Financial Services Compensation Scheme (FSCS) protects up to £75,000 of savings per person, per institution.
New figures show that UK inflation is now at its highest rate since November 2014.
The data, from the Office for National Statistics (ONS), shows that the Consumer Prices Index (CPI) rose to 1.6% in December, up sharply ...
Philip Hammond, the Chancellor, has announced that the next Budget will be published on Wednesday 8th March 2017.
This will be the last Spring Budget.
Mr Hammond announce late last year that the government would no longer publish an Autumn Statement, which had ...
The amount younger people inherit is set to rise according to new research; but the trend is likely to reverse in years to come.
The survey, by the Institute for Fiscal Studies (IFS), found that:
The level of wealth in elderly ...