Lump sum vs cost averaging: what is the best ISA strategy? June 19, 2025 Studies show lump sum investing leads to slightly better returns, but it might not be right for every investor. Saving any amount of money per month, or as often as possible, is a great first step towards creating a financial safety net. But if you’re able to, it’s worth looking into your savings strategy to [...]
Apps to help you manage your money June 17, 2025 Apps can help you budget, save and invest. The right one for you will depend on the features you’re after, your needs, and what you’re willing to spend. Are you looking to spend more responsibly, save up for a goal or simply get some insight into your financial habits? Luckily, there’s an app for that. [...]
What changes to the pension salary sacrifice scheme could mean for you? June 11, 2025 A new report from HMRC has raised concerns around changes to the pension salary sacrifice scheme. A report on workplace pensions by HMRC has fuelled speculation around changes to salary sacrifice schemes. The report looked into employers’ behaviours and attitudes on salary sacrifices and looked into how potential reforms to tax reliefs could change these. [...]
How to spot a financial scam June 11, 2025 Financial scams are on the rise. Here’s what to be aware of to make sure you don’t fall victim to one, and what to do if you or someone you know is scammed. Criminals stole over £1bn through fraud in 2024, UK Finance’s latest fraud report has revealed. There were over 3.3m confirmed cases of [...]
What is fiscal drag and how you can avoid it? June 6, 2025 Millions more people will find themselves paying higher income tax due to frozen tax thresholds, but there are ways to prepare. Around 8.3m people will be paying more tax by 2029, a forecast from the Office for Budget Responsibility shows. This phenomenon is known as fiscal drag. Fiscal drag occurs when earnings rise but tax [...]
Average earners dragged into IHT net – how can you reduce your taxes? June 5, 2025 New rules to include pensions in estates for Inheritance Tax purposes could see average earners dragged into the IHT net. How can you protect your assets? Inheritance tax receipts rose over £8bn in the 2025 to 2025 financial year, an increase of £0.8bn from the year before. That was due to a combination of rising [...]
UK finance salaries drop as workers ‘actively develop’ tech skills June 4, 2025 UK finance salaries dropped by three per cent in 2025, new data has found, prompting more workers to look for new jobs and develop more tech skills to prop up their pay. Average pay in one of the UK’s richest sectors is now around £102,300, lower than the USA but still higher than Germany and [...]
Is June the time to buy Premium Bonds? June 3, 2025 Premium Bond prizes range from £25 to £1m, but the odds of winning can feel very small compared to the rate savings accounts offer right now. Over 24m people in the UK own Premium Bonds, a savings vehicle offered by Treasury-backed National Savings and Investments (NS&I). Winners for June are due to be announced over [...]
Talking Finance: Five tips to have a healthier pension June 2, 2025 The reality is that the earlier you engage with your pensions, the better your chances are of having the kind of retirement you want.
The cheapest Self-Invested Personal Pension (SIPP) providers May 30, 2025 High earners are increasingly contributing £60,000 and above to their Hargreaves Lansdown Self-Invested Personal Pension (SIPP), new data shows. The number of people making contributions of exactly £60,000 – the full allowance – was up 12 per cent in the last tax year. The number of people making SIPP contributions over the annual allowance was [...]