Brits over £200 worse off as cost of living crisis continues September 30, 2025 Brits have found themselves over £200 worse off each month compared to last year, as they continue to suffer the consequences of the cost of living crisis. According to the latest report from specialist bank Shawbrook, the average UK adult is suffering a deficit of £224 each month. Nearly 40 per cent of people confirmed [...]
Gen Z will ‘need at least £3m’ to retire comfortably September 30, 2025 People in their 20s will need at least £3m pension pot if they want to enjoy a comfortable retirement, a fresh study has shown, throwing into sharp relief the corrosive impact that inflation has on savings. According to an analysis from Rathbones, a 25-year-old today will need a pension pot of £3.1m if they want [...]
Autumn Budget: Rachel Reeves told to scrap ‘not fit for purpose’ Lifetime ISA September 12, 2025 Chancellor Rachel Reeves has been warned that the Lifetime ISA (LISA) is “not fit for purpose and must be reformed” in the Autumn Budget. Tom Goddard, a senior associate at audit, tax and business advisory firm Blick Rothenberg, has argued that the LISA “must be reformed to not conflict with shared ownership schemes”. The LISA [...]
University students lack basic financial knowledge, research finds September 9, 2025 Incoming university students lack basic understanding and knowledge of personal finance, leaving them at risk of running out of money, new research has found. Nearly 50 per cent of young adults felt stressed about their financial situation ahead of starting Higher Education, while four in ten didn’t feel at all prepared financially, according to retail [...]
Parents forced to delay retirement to bankroll staggering university costs September 4, 2025 Over a third of UK parents are postponing retirement to fund their children’s university education. According to a new study from wealth manager Rathbones, parents expect to work an average of five years longer than initially planned to afford increasingly higher education costs. However, more than a quarter estimate they will need to extend their [...]
Gen Z are afraid of credit cards. But can you blame them? August 20, 2025 New data has revealed that not only is Gen Z not using credit cards, they're actively afraid. But can we blame them, asks Rich Bayer.
Rachel Reeves’ Cash ISA plans will punish Brits who just want stability July 8, 2025 The Chancellor isn't wrong to try and get Brits investing, but Cash ISA reform won't work, writes Antonia Medlicott.
Meet the Self-Mades: the high earners who aren’t investing July 4, 2025 High earners from lower socio-economic backgrounds are significantly less likely to invest. We should change that, writes Kitty McCormick.
The best current account switch offers June 25, 2025 It’s easy to neglect your current account. Perhaps you’ve been with the same bank since you opened your first account, and you haven’t reviewed it since. Or maybe you bank with a particular bank because your parents do. Or perhaps you have considered switching, because you’ve heard that some banks are handing profits back to [...]
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 [...]