NS&I Premium Bonds Prize Fund Rate Set to Increase: What Holders Need to Know Monday, May 25, 2026 premiumbonds ns&i savings interestrates prizefund investing emergencyfund wealthplanning inflation isas National Savings and Investments (NS&I) has announced that the prize fund rate for Premium Bonds will rise to 3.80% from the July 2026 draw. This change affects over 22 million holders, who will also enjoy improved odds … Read More
New DWP Proposal: £30 Weekly Supplement for Low-Income State Pensioners Friday, May 22, 2026 pension dwp triplelock inflation pensioners supplement pensioncredit savings policy intergenerational The Department for Work and Pensions (DWP) is considering changes to the state pension triple lock that could save the government £19 billion annually by the mid-2030s, according to a recent report from the Intergenerational … Read More
Nationwide to Award £100 Fairer Share Bonus to 4 Million Customers Thursday, May 21, 2026 nationwide fairershare bonus customers banking mortgage savings virginmoney finance buildingsociety Nationwide Building Society has announced that four million of its members will receive a £100 Fairer Share bonus deposited directly into their accounts within days. This marks the fourth consecutive year the society has … Read More
HMRC Issues Thousands in Incorrect Tax Bills on Savings, Including Tax-Free ISAs Thursday, May 21, 2026 hmrc tax isas savings errors finance taxation paye oversight taxbills Many savers are being hit with unjust tax bills running into thousands of pounds due to errors by HM Revenue & Customs (HMRC). Recent reports reveal that HMRC is mistakenly clawing back tax on savings interest that either … Read More
NS&I to Contact 34,000 Bereaved Families Over £367m Missing Savings Scandal Wednesday, May 20, 2026 nsi savings scandal bereavement repayment finance government trust accounts apology National Savings and Investments (NS&I) is preparing to reach out to tens of thousands of bereaved families owed a total of £367 million due to a savings scandal that first came to light earlier this year. The issue, … Read More
State Pensioners Born Before 1971 Increasingly Fully Withdraw Their Pension Pots Monday, May 18, 2026 pensions retirements withdrawals statepension savings tax inflation fca retirementplanning definedcontribution A growing number of state pensioners born before 1971 are choosing to fully withdraw their pension pots upon retirement, with data showing a notable jump in such actions. In 2024-25 alone, 462,160 pension pots were fully … Read More