Finance News

STATE pension is generally affected by life expectancy. Traditionally, pensions were expected to comfortably provide for those retiring in their mid 50s to 60s. However, this has changed as people are generally living longer, resulting in pensions having to stretch much further in later years – but shock new data may switch this again. Daily Express :: Finance Feed

LIFETIME ISAs are savings accounts that allows individuals to put money aside as well as receive a tax free bonus from the government. The bonus is given for a home purchase and many will likely primarily use it for the house itself. However, one savvy savour highlights that it can cover other costs associated with a house purchase, including notoriously ...

THE FTSE 100 has dropped by nearly 13 percent in the biggest collapse since the financial crisis in 2008. Daily Express :: Finance Feed

ACTION movie legend Steven Seagal has been forced to hand over more than $ 300,000 in settlements over his involvement in a cryptocurrency investment. The Securities and Exchange Commission – the US version of the Financial Conduct Authority – says that the film star and musician failed to disclose he was being paid by a cryptocurrency firm to promote its ...

COUNCIL tax is a fee that is paid over 10 or 12 months that funds local services. Council tax rates rates are different across the country, being split into bands based on specific locations. These rates will rise in April, with recent research showing that many councils will raise their bills by the maximum amount possible for the coming tax ...

STATE pension is received by everyone in the UK who hits certain eligibility requirements and has sufficient amounts of national insurance contributions. When a person can receive state pension and how much they’ll get depends entirely on the person’s individual qualifying state pension age. There will be a rise in this state pension age next week which will affect thousands. ...

The pound US dollar exchange rate fell by -0.3 percent today, with the pairing currently trading around $ 1.286. Downing Street announced that it was prepared to walk away from a UK-EU trade deal in June if there was a lack of progress. Daily Express :: Finance Feed

A WOMAN in her 20s has shared the simple method she used to help save to buy her first home – and it is one any Briton wanting to get a mortgage can try. Daily Express :: Finance Feed

THE NATIONAL Minimum Wage is set by the Government every year. But will it be going up this year? Daily Express :: Finance Feed

UNIVERSAL Credit and other benefit payments can be affected by the amount of money the claimant has in savings. The Money Advice Service detail that ‘savings’ can constitute such things as cash held in savings accounts or property which is not the main home. Daily Express :: Finance Feed