magazine archive
magazine archive
Personal Finance
Five ways retirees can cut their investment tax bill
Thursday 19 Sep 2024Many retirees rely on income from a mix of pensions, investments, and property. While retirement may bring lifestyle changes, the tax rules remain the same as if you were employed. This means income from investments or pensions is taxed just like any other earnings. If your total income exceeds £...
Is Labour going to limit pensions tax relief?
Thursday 12 Sep 2024If you’ve been tuned out of the political narrative over the summer, you might not have heard the government is facing a £22 billion black hole in its finances and a ‘painful’ Budget lies ahead. Then again, if you’ve got a smart phone, you’re probably up to speed. There is plenty of speculation...
Five sneaky ways you could be hit with tax on your savings
Thursday 05 Sep 2024Cash interest rates have risen, more people are being pushed into the next tax bracket and millions of people are expected to pay tax on their savings income this year. While lots of people are using ISAs to protect their money from tax or organising their savings to cut their tax bill, there are...
The best and worst performing investments of the cost of living crisis
Thursday 29 Aug 2024It’s now three years since the cost of living crisis began to grip the nation. In August 2021, CPI inflation jumped to 3.2%, up from 2% in July of that year. It then climbed all the way up to a peak of 11.1% in October 2022 before gradually, and painfully, falling back to current levels. Consumers...
Seven steps to reduce your inheritance tax bill
Thursday 22 Aug 2024The death tax is dubbed Britain’s most hated tax, but only around one in 20 estates pay it. Those numbers are rising, along with the amount of money HMRC is raking in each year. If you’re concerned that your estate might have to pay inheritance tax (IHT) when you’re gone, there are things you can...
New labels hit the ESG investment world
Thursday 15 Aug 2024ESG investors often find selecting a fund which meets their environmental and ethical preferences involves wading through an alphabet soup of acronyms and buzz words which provide little illumination as to how their investments are going to reflect ESG criteria in their investment portfolio. In a...
The odds are stacked against most Premium Bond holders winning
Thursday 08 Aug 2024Premium bonds are the most popular product from NS&I (National Savings & Investments) with around 22.5 million people holding the accounts, but new figures show most of these holders have never won a single prize. A Freedom of Information request* obtained by AJ Bell reveals two-thirds of...
Dark days for active fund managers
Thursday 01 Aug 2024AJ Bell’s latest Manager versus Machine report paints an alarming picture for active managers, who are struggling to beat tracker funds on performance and are losing hands down when it comes to attracting investors’ money. The report looks at the performance of active funds across seven key equity...
How to manage your spending on your summer holidays
Thursday 25 Jul 2024The summer holidays are nearing, and many people will be excited to head abroad for a break – and hopefully more reliable weather. There’s no getting away from the cost of a holiday – it can often be a family’s biggest lump-sum expense each year. But you can cut the overall cost if you avoid...
What are T-bills and why they might hold appeal for investors?
Thursday 18 Jul 2024A new market is opening up for retail investors, and it may be coming to a broker near you soon. Traditionally the preserve of institutional investors, T-bills offer investors a secure way of storing money in the short term while getting a return in line with current interest rates. So what are T-...