Experts: Give Inheritance Early Before April 2027 Pension Rules
Experts advise giving inheritance early, as April 2027 pension changes bring unused funds into estates for IHT, and many receive wealth too late in life.
Experts advise giving inheritance early, as April 2027 pension changes bring unused funds into estates for IHT, and many receive wealth too late in life.
NS&I has increased interest rates on British Savings Bonds up to 5.17% AER for five-year fixed terms, with one-year rates at 4.99%. Savers can invest from £500 to £1 million.
NS&I has increased interest rates on its 1, 2, 3 and 5-year British Savings Bonds, with new rates up to 5.17% gross/AER for the 5-year Growth option.
Financial confidence in the UK has risen to 85% since 2024, yet only 40% of adults feel comfortable investing, according to Moneybox's annual study.
Andrew Cavenagh's reported £300m net worth trails Dermot Desmond's $2.2bn fortune, as the Rangers chairman eyes a multi-billion windfall.
Martin Lewis warns millions have wrong tax details after a pension saver claimed £2,853.47 back from HMRC in an 'easy' online check on his BBC podcast.
The euro fell to a 17-month low against the dollar as France's central bank governor warned the country risks being 'strangled by interest rates' without deficit action.
PensionBee's Maike Currie shares four simple steps to boost retirement income after Andy Burnham's triple lock reform, including checking NI records and deferring the State Pension.
More than a quarter (26%) of UK adults find it difficult to get by on their income, up from 24% last year, according to Standard Life research.
The Set for Life winning numbers for Monday, October 5 are 7, 9, 15, 35, 47 with LIFE BALL 4. Top prize is £10,000 a month for 30 years.
Tonight's Set For Life draw could see one player win £10,000 every month for 30 years, totalling £3.6m. The draw takes place at 8pm.
State Pension age increase to 67 delays Pension Credit eligibility for people born after October 6, 1960, with some waiting up to 11 extra months.
New ONS figures show deferred workplace pension memberships rose to 22.9 million in Q1 2026, up 800,000 from a year earlier, prompting calls for workers to track old pots.
Financial confidence among Brits has risen to 85%, its highest level in two years, with savings confidence also up, according to an annual study of over 4,000 adults.
DWP plans to automatically consolidate millions of small workplace pension pots worth £1,000 or less by 2030, affecting around 20 million pots.
One in ten AI answers to pension questions could be harmful, research by PensionBee finds, with savers urged to verify information before acting.
Dave Williams, 60, won £1m on EuroMillions in 2024, bought a forest home for his dogs, and still plays the lottery every week without fail.
Property tycoon David Reuben, 88, has relocated to Monaco, joining his brother Simon, amid Labour's tax changes and a wave of wealthy departures from Britain.
A 34-year-old woman built a £100,000 investment portfolio in four years, starting from £0. She shares her three key tips and how she stayed motivated.
Personal finance expert Rajan Lakhani shares five October actions to build a Christmas fund, from cutting costs to automating savings, for a stress-free festive season.
The winning National Lottery numbers for tonight's Lotto and Thunderball draws are revealed, with a £2m jackpot up for grabs.
Thousands of pension savers are considering withdrawing tax-free cash and gifting money to family ahead of inheritance tax changes coming into force in April 2027.
HMRC confirms you can take your 25% tax-free pension amount more than once via phased drawdown or multiple pots, with a £268,275 lifetime limit.
Older state pensioners with a full National Insurance record can receive up to £739.60 in their October payment, the DWP has confirmed.
A savings challenge based on daily temperatures could help Brits build a pot of £863.28 by Christmas Day if they start on October 1, according to a personal finance expert.
British Gas, Octopus and EDF are among providers offering grants and support to help households manage energy debts and bills this winter. Here is the full list of schemes.
DWP plans to auto-merge small pension pots under £1,000 by 2030, affecting up to 20 million pots worth £4bn combined.
Hargreaves Lansdown urges savers to pay into private pensions after Andy Burnham announces changes to the state pension triple lock from 2030.
The DWP's proposed £1,000 rule could automatically consolidate up to 20 million small workplace pension pots by 2030, with an estimated 13 million pots worth under £1,000.
Financial remedy cases in England and Wales reached 49,320 in the year to June 2026, the highest since 2008, with experts warning women risk being left with little income in retirement as pension sharing is often overlooked.