SAVERS who are receiving government support though universal credit may have a tough time putting anything aside for a big purchase or rainy day. Rising inflation and low rates on savings account make a lot of existing options unfeasible. However, the government offers it’s own type of savings account to help those who may be struggling. Daily Express :: Finance ...
Read More »Tag Archives: savers
Premium Bonds: NS&I slashes Premium Bond prizes AND interest rates in huge blow to savers
THE PREMIUM BONDS prize fund is to reduce by 10 basis points, the NS&I announced yesterday. What will the reduction in interest rates by NS&I mean for savers? Daily Express :: Finance Feed
Read More »Lifetime ISA savers can get £1,000 bonus a year but ‘strings attached’ – how to benefit
A LIFETIME ISA is a type of savings account which offers a 25 percent government bonus on savings for eligible people. However, there are certain criteria to watch out for. How can a person get the full benefits? Daily Express :: Finance Feed
Read More »ISA: Savings expert explains common mistake savers make – does it affect you?
ISA stands for Individual Savings Account, and it may be that savers opt to put away some of their money into these types of accounts for a whole host of reasons. Ahead of the end of the tax year, which is taking place in April 2020, a savings expert has highlighted a common mistake which many make. Daily Express :: ...
Read More »Help to Buy ISA: With the scheme ending how long do savers have to claim the 25% bonus?
HELP TO BUY ISAS are no longer available to open but existing accounts can still be utilised. There is a 25 percent bonus on savings held in a Help to Buy ISA up to a maximum of £3,000. However, there is a time limit on when this bonus can be claimed. Daily Express :: Finance Feed
Read More »Can ISA allowance be backdated? What savers need to know before April 2020
INDIVIDUAL savings accounts are a savings vehicle which allow people to save money tax free every year. There are limits on how much money can be put into these accounts and there are different types of ISAs, each with specific rules and features. Daily Express :: Finance Feed
Read More »Retirement UK: How savers could end up with ‘surprisingly large pension pot’ explained
RETIREMENT is a time which many people will look forward to, however funding one’s Golden Years can be of great concern. As the New Year gets underway, some people may look to how they can save and plan for their retirement. Daily Express :: Finance Feed
Read More »Junior ISA allowance: The important date which savers should be aware of in 2020
JUNIOR Individual Savings Accounts – which are also known as Junior ISAs – are long-term, tax-free savings accounts which can be opened for children. Daily Express :: Finance Feed
Read More »Lifetime ISA warning: Savers may want to be aware of this key date in 2020
LIFETIME ISAS may be used to save money by those looking to get onto the property ladder, or for spending later in life. Whether it’s for buying a home or for retirement, there is an important date in 2020 which savers may want to mark on their calendars. Daily Express :: Finance Feed
Read More »Cash ISA warning: The key date in 2020 which savers need to be aware of
CASH ISAS are a type of Individual Savings Account , in which a person can save a certain amount of money tax-free each year. As 2020 approaches, savers may want to be aware of a key date to put in their diary. Daily Express :: Finance Feed
Read More »