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Pensioners forced to raid retirement funds to rescue cash-strapped families | Personal Finance | Finance

Martin Lewis warns pensioners missing out on money Experts yesterday urged caution among those seeking to access their pension cash early to avoid the threat of a savings shortfall later in retirement. The latest research reveals almost a quarter of people (24 percent) have already accessed or are planning to …

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Only one in seven Black Friday deals are a genuine bargain – Which? study claims | Personal Finance | Finance

Which? analysed 214 Black Friday deals last year across seven major retailers – Amazon, AO, Argos, Currys, John Lewis, Richer Sounds and Very – looking at their prices every day in the six months before and after last year’s event on November 26. The watchdog found 183 (86 percent) were …

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Carer’s Credit: Thousands of unpaid carers missing out on full state pension payments | Personal Finance | Finance

Last year, only 4,759 people claimed Carer’s Credit as of November 2021, according to research carried out by Quilter. The financial firm estimates that just 5,568 people claimed the support by the end of 2021 despite the Government confirming that 4.5 million individuals became unpaid carers during the pandemic. Around …

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Six best stocks to invest in for summer ‘perfect position to thrive’ | Personal Finance | Finance

Despite the old adage “sell in May and go away”, investing in the summer has actually proven to be a better time to invest than some might think. However, certain businesses naturally do better than others and most predictably, these tend to be the more summer activity and necessity-orientated ones. Industries …

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Pension: Britons urged to consider way ‘likely to increase income’ amid inflation | Personal Finance | Finance

On the MeaningfulMoney YouTube channel, Pete Matthew, chartered financial planner, discussed the nature of a recession on one’s investments and how it has the potential to turn someone’s plans upside down. He discussed some possibilities that Britons approaching retirement may wish to consider. With many asset classes going down in …

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Savings alert: Provider launches ‘market leading’ account giving 3.10% returns | Personal Finance | Finance

Raisin UK, a UK savings marketplace that connects savers with a range of banks offering deposit-protected savings accounts with competitive interest rates, has launched a new two-year savings account. It has partnered with Gatehouse Bank to offer a two year Fixed Term Deposit account which is offering a market leading …

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Money saving tips: Britons could save up to £600 this summer to put towards autumn bills | Personal Finance | Finance

Dan Whittaker, personal finance expert at CashLady.com has shared five savings hacks to help Britons save nearly £600 this summer. With the latest predictions from analysts at Cornwall Insight suggesting the energy price cap could rise to £3,244 from October, these tips could prove useful if it means families can save some money …

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