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Browsing Tag

thisismoney

36 posts
PPersonal finance
L&G, which manages over £1trillion in assets, made a profit of £859m in the first six months of the year, 6% higher than last year and better than analysts had predicted
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Pension deals boost profits at Legal & General as employers look to offload defined benefit schemes

  • August 7, 2025
By CALUM MUIRHEAD, CHIEF CITY REPORTER Updated: 17:01 EDT, 6 August 2025 Britain’s biggest money manager Legal &…
PPersonal finance
Private pensions: There was a 48% gap in median pension wealth among men and women aged 55-59 in 2020-22, according to Government data published last month
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State pension gender gap narrows – but difference in size of private pots is still huge

  • August 7, 2025
The state pension gender gap has shrunk to 1 per cent, less than a decade after a major…
EEconomy
New high: The FTSE 100 closed up 0.2%, or 21.58 points, at 9164.31 after a similar record-breaking session on Tuesday when it passed 9142
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Interest rate hopes send Footsie to a record high as traders shrug off concerns about Trump’s India tariffs

  • August 7, 2025
By CALUM MUIRHEAD, CHIEF CITY REPORTER Updated: 17:01 EDT, 6 August 2025 The FTSE 100 hit a fresh…
PPersonal finance
Stealth tax: Since the personal allowance was frozen in 2021, it has brought millions of low-income people ¿ young and old ¿ into the income tax regime
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JEFF PRESTRIDGE: How to stop millions of pensioners getting taxed on their state pensions

  • August 7, 2025
Many pensioners feel victimised by Labour – and understandably so. Deprived last year of their universal right to…
EEconomy
The Chancellor's tax-raid on employers was blamed for a surge in hospitality closures
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Reeves thrusts hospitality into ‘survival mode’ as venue closures surge

  • August 5, 2025
Two venues shut per day day in first half after employers’ labour costs rise   By EMILY HAWKINS Updated:…
PPersonal finance
Inheritance tax raid: The Chancellor announced in last autumn's Budget that money remaining in pension pots is going to be hit by death duties
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Pensioners race to cash in pots to beat Rachel Reeves’s inheritance tax raid

  • August 5, 2025
Pension withdrawals have spiked in the wake of the Government’s announcement of a tax raid on inherited pots.…
PPersonal finance
Steve Webb: Scroll down to find out how to ask him YOUR pension question
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If you cash in your pension early can you qualify for council tax benefits later? STEVE WEBB replies

  • August 4, 2025
This might sound a bit cheeky… I work 30 hours a week just above minimum wage. I am…
PPersonal finance
Are you a planner or putting off thinking about your pension for a rainy day? If you are ready to get sorted, find a five-step guide below
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Are YOU a pension planner, putting it off – or relying on your partner? Take our quiz

  • August 3, 2025
Nearly half of adults believe they are ‘pension planners’ who are on top of contributions and what they…
PPersonal finance
Mix and match: Unlike our parents who had one works pension to see them through retirement, we have a mishmash of pensions
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Boost pulling pension pots together and make firms pay if they fail to switch in ten days: JEFF PRESTRIDGE

  • August 3, 2025
Nothing is straightforward when it comes to pensions. Complexity rules. It’s one of the reasons more than 40…
EEconomy
Annoyed: Donald Trump launched a fresh attack on the chair of the Federal Reserve after the US jobs market suffered a sharp slowdown over the summer
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Donald Trump hits out at Federal Reserve as US jobs fall

  • August 2, 2025
By JESSICA CLARK Updated: 06:10 EDT, 2 August 2025 Donald Trump launched a fresh attack on the chair of…
PPersonal finance
When will you be able to retire... and will it be with a state pension?
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When will you be able to retire… and will it be with a state pension?

  • August 2, 2025
By THIS IS MONEY Updated: 06:00 EDT, 26 July 2025 A stark warning has been sounded that the…
BBusiness
Deal: Barbara Maekrl purchased this property in Mussomeli for ¿13,000
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I dreamt of buying a €1 house in Italy – here’s why I couldn’t go through with it

  • August 2, 2025
With the cost of buying a home verging on the absurd in many parts of Britain and beyond,…
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