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The Latest Breaking News on Personal Finance

Older people living on their own could be due an annual State Pension top-up

The average weekly spend for households aged between 65 and 74 was £455.30 in 2021/22

Nottingham Post

Social Welfare Ireland: Bank holiday surprise for Social Welfare recipients amid early payment

"All Intreo Centres and Branch Offices will be closed Monday 5 June due to the Bank Holiday."

Irish Mirror

Six groups of older women may be due State Pension back payments of up to £11,500

The DWP estimates it has underpaid 237,000 people on the Basic State Pension a total of £1.46billion.

Daily Record

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New regular saver account opens offering inflation-busting 9% - but can you beat it elsewhere?

The interest rates offered on regular saver accounts has started to boom with the newest addition to the market paying a rate of 9% - but how do they all compare?

Daily Mirror

Insuring Your Plan for Retirement Income

‘Longevity insurance’ ensures you don’t run out of money in retirement. How to figure out how much you need, the types of annuities to use and when the income should kick in are tricky questions, though.

Kiplinger

Pros and Cons of Fixed Index Annuities as Retirement Tools

With so many FIA products available, each with its own contract terms and varying rates, it's crucial to invest in one that fits your retirement plan.

Kiplinger

Brits to save thousands of pounds under new debt rules – what it means for you

The Financial Conduct Authority (FCA) is banning certain providers of debt advice from receiving referral fees from debt solution providers with the new rules kicking in from today

Daily Mirror

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How to switch energy suppliers and get a better deal for your family

Knowing how to switch energy suppliers could help lower bills when the energy price cap falls

GoodToKnow

Energy bills support scheme: Households urged to claim vouchers before deadline

The Claim Your Energy Voucher Day is a final push to encourage the remaining households to claim their vouchers before the scheme ends in a month

The Independent UK

June dates for DWP cost of living payments, benefits and pensions

Help available as more than 10m Britons struggling with bills, according to new study

The Independent UK

New account pays 9% interest as UK savers offered highest rates for more than a decade

Building societies offer rates over 7% – but deals have strings attached and are limited to existing members

The Guardian - UK

Where Americans Most Use Deals and Coupons

While you may not be an extreme couponer, you’ve probably had deals on your radar. Here's where shoppers practice the most savings strategies.

Kiplinger

Older people living on their own could be due £3,500 annual State Pension top-up

Households aged between 65-74 had an average weekly spend of £455 in 2021/22.

Daily Record

List of DWP benefit rises and cost of living payments coming in June

People on a number of benefits are set to receive more cash this month including Universal Credit, PIP, DLA, Carer's Allowance, Child Benefit, Pension Credit and State Pension

Chronicle Live

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Kiplinger

Should Graduates Spend or Save Their Gift Money? 14 Strategies to Consider

Financial experts share tips for deciding how to treat monetary gifts.

Daily Record

People using prepayment meter urged to claim £400 energy bill help before end of this month

Claim Your Energy Voucher Day aims to get £130m in support to prepayment customers by June 30.

Kiplinger

Retirement Planning with Life Insurance

An indexed universal life insurance policy can help you with tax mitigation and extra retirement income in addition to death benefits for your beneficiaries.

Kiplinger

Which Retirement Accounts Should You Withdraw From First?

Here’s a standard order for when you should tap which account when you’re in retirement.

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Daily Mirror

New savings account paying 7.5% launches TODAY - but can it be beaten elsewhere?

The new Member Regular Saver from Skipton Building Society allows you to put away up to £250 a month, meaning you could potentially save up to £3,000 and gain interest of £121

Nottingham Post

DWP June benefit payments confirmed including Universal Credit, PIP, pensions, DLA, and JSA

Benefit claimants faced a series of changes in May due to the three bank holidays in May, as payments were unable to be made on those days

Daily Mirror

Thrifty Brits could save over £200 a year - by shopping around for the best deals

However, one in five are 'too lazy' to shop around - saying it's boring, confusing, or that the effort is not worth the reward

The Independent UK

June dates for DWP cost of living payments, benefits and pensions

Help available as more than 10m Britons struggling with bills, according to new study

Manchester Evening News

All the money, benefits, and energy bill changes coming in June

A wide range of financial changes will take place this month

Daily Record

Scottish city branded most expensive for renters as buyers save £2,580 yearly

Homeowners are saving hundreds more per month in Glasgow compared to people renting.

The Independent UK

Money problems overtake mental health concerns among students – survey

Half of those asked said they had changed their career plans, with two in five putting their decision down to the cost-of-living crisis.

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