Ricky Banham

For some, retirement might feel miles off, but the sooner you can start saving for it, the better.

Spring has arrived and summer is not far off – but it is never too late for a little pension spring cleaning. When was the last time you looked at your pension plans?

Yesterday, The Bank of England (BoE) raised UK interest rates by a further half percentage point to 4%.

After more than a decade of record low interest rates – 2022 was marked by rapidly rising rates as the Bank of England (BoE) intervened to tackle soaring inflation.

Yesterday, The Bank of England (BoE) revealed a 0.50% point interest rate rise – its ninth consecutive increase, as it looks to maintain its battle against inflation. The decision to raise the bank rate to 3.5% means it is at its highest level for 14 years.

The Bank of England has raised the base rate of interest by 0.75%, to 3% - the single biggest hike in 33 years, and have said that the UK is already in recession.

Cash savers are quietly celebrating, as a ‘rates war’ has broken out in the savings market - meaning savers are now getting a much better return on their money than what they were a year ago.

Following our articles in December and February, the Bank of England (BoE) has responded to the likelihood that the war in Ukraine will push inflation to around 10% in autumn by raising interest rates to a level last seen in March 2020, before the COVID-19 pandemic took hold.

Following our article in December the Bank of England (BoE) has tightened the squeeze on household finances with its first back-to-back interest rate rise since 2004, as the central bank forecast inflation will increase to north of 7% in April.

Diversification is of paramount importance in investment success, and one way to achieve it is by buying ‘Exchange Traded Funds’, or ETFs

The Bank of England (BoE) has raised interest rates for the first time since the start of the coronavirus pandemic, despite growing concern over the ‘Omicron’ variant.

Pension tax relief can seem like an alien concept, but it pays to understand what it is and how you can make the most of it, up to certain limits.

Following our article in October, where we advised that the State Pension had officially increased to age 66, we wanted to take this opportunity to position further changes announced around private pension access – that were shared in September.

Returns for those holding money in cash savings accounts took another fall a fortnight ago, when the government-backed savings provider slashed their interest rates.

A tracker fund is a simple way of investing your money in company shares, bonds, and other assets.