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The Latest Breaking News on Personal Finance

Dates for £300 cost of living payments being made this autumn revealed

Around eight million households are eligible for cost-of-living payments, but people expecting a payment should also watch out for potential scams

The Independent UK

Dates for cost-of-living payments being made this autumn confirmed by Government

Around eight million households are eligible for cost-of-living payments, but people expecting a payment should also watch out for potential scams.

The Independent UK

ID anomaly left me in the dark over Blue Light discount card

I am a social worker and used it for shopping but now I’m retired I can’t renew it

The Guardian - UK

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Liz Weston: Why retirees may want to buy an immediate annuity now

When you purchase an immediate annuity, you’re paying a lump sum now in exchange for a stream of payments over a fixed period or for your lifetime

The Independent UK

Third of savers ‘keep most of their cash in a current account’

One in seven adults have no savings at all, according to the survey for the Building Societies Association to mark UK Savings Week.

The Independent UK

Fairy lights and family photos: how to decorate your student room on a budget

From starter packs to fake plants, here’s how to turn your uni accommodation into a stylish and functional living space

The Guardian - UK

CAG flags shortcomings in social security pension distribution

CAG report finds shortcomings in disbursement of social security pensions in Kerala, especially DTH mode via PACS. Report notes lack of automated beneficiary-wise acknowledgement, irregular transfer of funds to deceased, disbursement to ineligible persons & IT system not effective.

The Hindu

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New £1bn government upgrade to plug Great Britain’s draughtiest homes

Households could save £400 a year on energy bills via means-tested scheme offering insulation upgrades

The Guardian - UK

Nearly a quarter of pension savers ‘review their pots less than once a year’

Nearly half of pension savers are not confident that they have put enough thought into their retirement plans, according to People’s Partnership.

The Independent UK

Ministers considering way to cut cost of triple lock pension increase

The rise could be limited to around 7.8% rather than an 8.5% increase in line with average earnings.

The Independent UK

Pensioners set for bumper payments as triple lock puts extra £11bn strain on Treasury

Pensioners look set for a bumper state pension increase next April, amid concern the UK Government is struggling to maintain the gold-standard…

The National (Scotland)

Pensioners set for income boost but more could be dragged into tax net – experts

Earnings figures released by the Office for National Statistics on Tuesday indicate that the state pension could leap by 8.5% next April.

The Independent UK

The great meter mix-up: are you paying for your neighbour’s gas?

Database errors mean customers have been getting huge demands from firms that don’t even supply them

The Guardian - UK

Victoria’s gas ban for new homes expected to reap significant emissions cuts

Exclusive: Analysis shows new all-electric homes would generate 16% lower emissions than new gas-electric homes

The Guardian - AU

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Zenger

Homeowners Say These Are The 10 Best People To Know

A poll of 2,000 homeowners found these people are good to know.

The Guardian - UK

DWP stops woman’s benefits after she said she worked one second over limit

Department cut off employment and support allowance when Liz, a single mother, accidentally said she worked 16 hours

Kiplinger

Should You Rent in Retirement?

Renting isn't right for all retirees, but it does offer flexibility and it frees up cash.

The Independent UK

These 4 big tax mistakes could be draining your finances – here’s how to avoid them

A financial planning expert tells Vicky Shaw about some common pitfalls when it comes to taxation.

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news in one place.

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The Independent UK

Triple lock increases state-pension spending by £11bn a year – analysis

The Institute for Fiscal Studies said financial support to pensioners was greater as a result of the safeguard.

The Independent UK

Average easy access savings rate at highest since November 2008

Typical easy access savings rates surpassed 3% this week, according to Moneyfactscompare.co.uk.

The Independent UK

One in 10 ‘spending beyond their means’ – try these 7 cutbacks guaranteed to save families money

Family finance experts tell Lisa Salmon the best ways to easily cut spending and live within your means.

The Independent UK

Insurers urge ‘extreme caution’ by Government over potential pension changes

The central purpose of DB pension schemes to pay the benefits promised to members should not be undermined, the Association of British Insurers said.

The Independent UK

Ovo joins calls for overhaul of household energy standing charges

Ofgem recently announced that firms can raise standing charges from 82p a day to 83p from October 1.

The Guardian - UK

More than one in five Britons have cut pension payments in living cost crisis

Hargreaves Lansdown study comes as fund manager Abrdn calls for doubling of minimum contributions

Kiplinger

Should You Buy Life Insurance? Four Cases When You Should or Shouldn't

If no one depends on your income for support, you probably don't need life insurance at all.

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