Personal Finance NewsCryptic crypto While its appeal may be evident to both existing and new investors, by its very nature crypto-investment has its complications – and implications when it comes to an investor’s tax obligations. Jonathan Allwood, Personal Tax Manager at Bracey’s Accountants explains how cryptocurrencies and digital assets have gone from an obscure part of finance to […]
Over one in five (23%) people in the UK feel financially worse off than when the pandemic began, with two in three (68%) saying it’s negatively impacted their mental health, new research has found. Among those whose mental health has been affected, the majority (67%) said they were anxious as a result of their fragile […]
Aldermore Bank and Cashplus Bank have today announced an exclusive partnership which delivers an easy to manage business savings solution for time-poor SMEs with returns 50 times that of those offered by the largest high street banks1. Cashplus selected Aldermore as the best partner for their 150,000 business customers for the highly competitive proposition they […]
Parents saving for their children in junior cash ISAs have missed out on up to £13.5bn in potential returns over the past decade. A new study by Scottish Friendly and the Centre for Economics and Business Research reveals parents who saved into a cash version of the popular tax-free savings account have lost out on […]
Recent research from RCI Bank, the digital savings bank, has found that over two fifths (44%) of UK adults are more likely to check on their bank account than they are their family and friends. A quarter (25%) monitor their bank balance at least once a day, whilst only 17% say they check in with family […]
Buying stocks and making investments is becoming more popular in the UK, particularly as many people found themselves with extra time on their hands during the pandemic. Investing can be a great way to supplement your income or prepare for retirement. However, not all investments pay off and a poor choice could cost you a […]
Two in five (37%) people retiring this year are worried they won’t have enough money to last through retirement, according to research by abrdn. Overall, just two in five (39%) of those planning to retire this year feel very confident that they are financially ready. Within this, women feel less financially ready to retire than […]
More than 11.6 million people in the UK have received an inheritance in the past 10 years with the average age at which people receive this windfall sitting at 47 years old, new research* from the UK’s leading equity release adviser Key shows. More than one in five (22%) adults have received money as an inheritance rising […]
American Express has launched an enticing new Offer for food-lovers, giving Platinum Cardmembers up to £200 in statement credits when spending at top restaurants, in the UK or internationally, before 31 December, 2021. Cardmembers simply need to save the newly-launched Offer to their Card via the Amex App or online at www.americanexpress.com/en-gb/ and choose from the globally […]
