Millions of state pensioners will be receiving the DWP’s Christmas bonus this week | Personal Finance | Finance

The Department for Work and Pensions (DWP) confirmed the £10 Christmas Bonus given to those who get the state pension or claim another qualifying DWP benefit will be paid from Monday, December 5. The Christmas one-off tax-free payment is made to help people with the added costs of the festive period. The DWP confirmed yesterday the payment would More...

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By On Tuesday, December 6th, 2022
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Pension: How much do you need to save at 21, 30, 40, 50 and 60 for a £100,000 pot? | Personal Finance | Finance

Putting aside money for later down the line in a cost of living crisis may seem counterintuitive, but could end up having substantial benefits. Many people are unsure when to start saving, but analysis has shown More...

By On Tuesday, December 6th, 2022
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Dancer Perri Kiely warns young adults of the risks of illegal ‘money muling’ | Personal Finance | Finance

This type of fraud is being disguised as job adverts online offering an easy way to make quick money – where you keep a “commission” after sending the funds elsewhere. However, more than three-quarters More...

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Certain NHS patients could get energy bill reduction this winter – who is eligible? | Personal Finance | Finance

NHS doctors in specific regions of the UK are taking part in a new service called the Warm Home Prescription. It is being piloted by Energy Systems Catapult and is designed to assist vulnerable people on low More...

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Martin Lewis explains how you could earn ‘far more’ on your savings | Personal Finance | Finance

The viewer said they were keeping around £71,000 in a two-year fixed ISA, which ends in 2024, offering 1.18 percent interest. The penalty to switch accounts would cost 180 days’ worth of interest, equivalent More...

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Attendance Allowance payments to rise next year – how much will pensioners get? | Personal Finance | Finance

As part of his Autumn Statement, Chancellor Jeremy Hunt confirmed that the majority of benefits administered by the Department for Work and Pensions (DWP) would receive a payment rate hike. Among the affected More...

By On Tuesday, December 6th, 2022
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Premium Bonds alert: Savers risk ‘not receiving any’ despite £1million jackpot | Personal Finance | Finance

Premium Bonds are a saving product administered by NS&I, where, unlike other accounts, interest is not acquired in a traditional way. Savers are instead automatically enrolled into a jackpot lottery, which More...

By On Tuesday, December 6th, 2022
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Pension tax relief: Key area to watch as Treasury ‘may be tempted’ to target in 2023 | Personal Finance | Finance

As a surprise to many, pensions remained unscathed from Chancellor Jeremy Hunt’s Autumn Statement in November. A host of revenue-generating tax increases were announced, both on income and wealth, but the More...

By On Tuesday, December 6th, 2022
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Energy saving tips: Simple appliance swaps could help you save over £1,100 | Personal Finance | Finance

Swap electric oven for slow cooker By swapping the use of an electric oven to cook to a slow cooker instead, households could save 59 per week, amounting to £30.68 per year. On the simple swap, Forbes Advisor More...

By On Tuesday, December 6th, 2022
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Iceland offers over 60s 10% discount on food shop every Tuesday | Personal Finance | Finance

Fruit teacakes, Lotus Biscoff Biscuits, and Iceland Strawberry and Vanilla Cones also rank in the top 10 most purchased using the Over 60s discount. However, these aren’t the only products flying off the shelves More...

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