Time runs out to open a help-to-buy ISA

Help-to-buy ISA providers are reporting a last-gasp surge to open the government-backed savings vehicle before it closes for good. Launched in December 2015, the help-to-buy ISA allows first-time buyers to deposit up to £1,000 and save up to £200 a month. Savers get a...

Complex taper catches out high earners

High earners could face large tax bills if they fail to declare pension contributions on their 2018/19 tax returns, according to a report. When completing self-assessment, taxpayers are asked if they have put money into a pension scheme above the annual pensions...

‘Next govt. should lower pensions freedoms age’

Pension freedoms should be extended to people under the age of 55, according to the Association of Consulting Actuaries (ACA). Introduced in 2015, the freedoms offered more options to over-55s when it comes to accessing their pension before retirement. In the run-up...

Self-employed women ‘not saving enough’

Around one in three female entrepreneurs could be saving next to nothing towards their retirement, a report has claimed. YouGov polled 5,036 respondents on behalf of Scottish Widows found that 35% of self-employed women had no retirement savings. The report said that...

Savers warned over property plans

Retirement savers in their mid-40s and early 50s have been urged to think twice about raiding their pension to invest in buy-to-let property. YouGov polled 2,014 over-45s on behalf of Royal London and found 15% of over-55s are considering investing in property to fund...