No let-up in credit card best buy scramble

The recent move by Virgin Money offering a 0% balance transfer card for 36 months has triggered the expected response from its competitors. Halifax and Lloyds Bank both increased interest free terms from 34 to 35 months with balance transfer fees of 2.80% and 3.00% whilst Sainsbury’s Bank upped its game to 34 months and […]

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Last minute dash expected as ISA season draws to a close

With the tax year ending at midnight this Sunday, investment service provider Willis Owen is expecting its busiest weekend of annual ISA sales as savers rush to beat the deadline. This is despite major pension freedoms coming into effect on Monday and the upcoming General Election prompting some retail investors to delay activity. Jason Chapman, […]

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Over 55’s oblivious to tax bombshell when withdrawing cash from their pension pots

Nearly nine in 10 of over 55’s are unaware they will face an income tax bill when taking out a cash lump sum under the new pension freedom rules being introduced by the Government, according to new research from Sanlam Wealth Planning.. The new study, which questioned 2,000 people over the age of 55 across […]

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