Nationwide Alerts Customers 29+ on Challenges of House Sharing Amid Financial Strain Thursday, April 16, 2026 nationwide housing housesharing affordability savings financialplanning millennials sharedliving stress budgeting Nationwide has highlighted a growing concern among its customers aged 29 and over who continue to share housing despite financial and social challenges. Research from Nationwide shows that 29 is considered the age when house … Read More
HMRC Imposes Effective 71% Tax Rate on Thousands of UK Households Tuesday, April 14, 2026 hmrc taxtrap incometax personalallowance fiscaldrag costofliving inflation henrys rathbones financialplanning HMRC is imposing an effective tax rate of up to 71% on some UK households, sparking concerns among personal finance experts about the growing financial strain on middle-income earners. The so-called £100,000 tax trap is … Read More
UK Households Advised to Save Three Months’ Take-Home Pay for Emergencies Sunday, March 1, 2026 savings finance emergencyfund personalfinance uk gendergap millennials financialplanning budgeting resilience New research reveals that one in five UK adults has less than £1,000 saved in an emergency fund, highlighting significant financial vulnerability across the nation. Personal finance experts warn that younger people and women … Read More
Labour to Scrap Pension Bonus in New Lifetime ISA Rules Thursday, January 29, 2026 lifetimeisa labour retirement savings pensions homebuyers treasury investment financialplanning bonuses The Labour government has announced plans to overhaul the Lifetime ISA, removing the option to save for retirement and ending the government’s 25% monthly bonus contributions. The new savings scheme will be exclusively … Read More
What People Born After 1959 Need to Know to Claim Their State Pension Friday, December 26, 2025 pension statepension retirement pensionsystem statepensionage retirementplanning ukpensions financialplanning agechange policy If you were born after 1959, it’s important to be aware that the state pension age is changing. From next year onward, the age at which you can claim your state pension will be rising. This change aims to reflect increasing … Read More
UK Households Advised to Gift Money to Children Before HMRC Pension Tax Changes Sunday, November 16, 2025 inheritance gifts pensions taxation hmrc wealth families financialplanning taxfree estates As the UK government prepares to include pensions in the inheritance tax (IHT) net starting in 2027, families are seeking effective ways to protect their assets. One strategy gaining attention is gifting money to children or … Read More