State pension: Savers face ‘stark choices’ amid retirement funding gap | Personal Finance | Finance

The state pension age has been rising for some years now, with further changes for both men and women ahead. While a person must be state pension age to get the state pension there is no set retirement age. As a result, they anticipate they will need to continue working beyond their state pension age. A further 21 percent are not sure how long More...

by dailyreport | Published 3 months ago
By dailyreport On Saturday, December 19th, 2020
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Carer’s Allowance can boost state pension amount but beware impact on other benefits | Personal Finance | Finance

Currently, the Carer's Allowance rate is £67.25 per week. This is something an unpaid carer may be able to claim if they care for someone for at least 35 hours per week, and the person being cared for receives More...

By dailyreport On Saturday, December 19th, 2020
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Universal Credit UK: 60,000 claimants earn bonus payment but action urged | Personal Finance | Finance

The Help to Save scheme is a UK government-backed savings scheme which was launched in September 2018. It is intended to help eligible people – including some Universal Credit claimants – save up More...

By dailyreport On Saturday, December 19th, 2020
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SEISS: Can you claim self-employed grant and still work? | Personal Finance | Finance

The third SEISS grant has now opened for applications, after Chancellor Rishi Sunak announced earlier this year the scheme would be extended. In total two more SEISS grants will cover November 2020 to April More...

By dailyreport On Friday, December 18th, 2020
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Winter Fuel Payment 2020: What is the age limit for Winter Fuel Allowance claims? | Personal Finance | Finance

Winter has arrived and temperatures have dropped for many regions of the UK. Many areas have experienced intense snowfall and bone-chilling temperatures in recent weeks meaning heating costs have risen. But More...

By dailyreport On Friday, December 18th, 2020
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Pension warning: Mortgage levels drop among pensioners as retirements are put at risk | Personal Finance | Finance

Pension assets could be put under “huge strain” according to analysis from interactive investor as new data from the government shed light on changing living dynamics. According to the latest English More...

By dailyreport On Friday, December 18th, 2020
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Credit cards: Emmanuel Asuquo gives his ‘two real reasons’ to use a credit card | Personal Finance | Finance

Christmas is just a matter of days away, meaning many may well have seen their outgoings increase of late. Whether it's due to substantial spending this month or an upcoming New Year's resolution, the turn of More...

By dailyreport On Thursday, December 17th, 2020
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Martin Lewis: Money Saving Expert shares how top interest rates can be gained for children | Personal Finance | Finance

Martin Lewis, Money Saving Expert, makes frequent appearances, using his platforms to assist Britons. Appearing on his self-titled Money Show on ITV this evening, Martin explained that many people will be wishing More...

By dailyreport On Thursday, December 17th, 2020
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SEISS eligibility: Thousands blocked from Covid cash lifeline – ‘Fallen through cracks’ | Personal Finance | Finance

Dan Stopp, UK Accounting Manager at Bokio, told Express.co.uk: “I think the Government can certainly do more to support those that have been left out and ensure all self-employed people have equal access More...

By dailyreport On Thursday, December 17th, 2020
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Universal Credit payments dubbed ‘woeful’ as £10billion of debt and rent arrears emerge | Personal Finance | Finance

The 46 percent of clients who said their income had fallen since Marchi detailed they had been made unemployed or redundant,. Additionally, a further 26 percent said they had been furloughed, with the following More...

 

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