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The Latest Breaking News from Hargreaves Lansdown

Pensions set for bumper increase after Truss says triple lock is being protected

Prime Minister Liz Truss insisted ‘we are protecting the triple lock on pensions’.

The Independent UK

State Pension Triple Lock uncertain as Jeremy Hunt refuses to confirm its return for April uprating

Prime Minister Liz Truss has previously stated her commitment to the return of the Triple Lock.

Daily Record

The dismantling of Trussonomics: PM’s last redoubt bites the dust

Liz Truss’s one remaining ‘growth-fuelled’ policy, the energy price guarantee, failed to survive Jeremy Hunt’s brutal cull

The Guardian - UK

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Warning as savers lose £7.4billion a year by placing money in wrong bank account

Investment platform Hargreaves Lansdown explains how failing to switch your savings accounts could leave you with miserable interests rates - and cost savers billions

Daily Mirror

Hargreaves Lansdown facing lawsuit over Neil Woodford fund collapse

The Bristol-based company is being sued by claims management business RGL on behalf of 3,200 investors who lost money

Birmingham Post

Nearly half of people ‘have not switched savings accounts in past five years’

Women are less likely to have switched their savings account than men, according to Hargreaves Lansdown.

The Independent UK

Hargreaves boss to stand down amid wider market turmoil

CHRIS Hill today said he would quit asset manager Hargreaves Lansdown, a move that comes amid wider turmoil in the sector.

Evening Standard

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Hargreaves Lansdown chief executive Chris Hill to step down

He has been at the helm of the Bristol-based financial services firm since 2017

Birmingham Post

Hargreaves Lansdown hit by lawsuit on behalf of Woodford fund investors

Claim brought on behalf of initial 3,200 investors caught up in collapse of Neil Woodford’s equity income fund

The Guardian - UK

Is my pension safe and will mortgage rates come down? What to do in the current crisis

Uncertainty is everywhere from financial markets and high street to households. We answer key questions that thousands are asking on housing, pensions and investments

The Guardian - UK

Annuities: rates on guaranteed pension income soar 44% in a year

Previously unfashionable product falls back into favour as people seek security amid financial turmoil

The Guardian - UK

Annuity rates jump to highest level since 2009

The rise provides a boost for people looking for a guaranteed retirement income.

The Independent UK

Pound weakens and government borrowing costs rise again after Truss speech

Sterling dipped by 1.4% to 1.1312 dollars shortly after Liz Truss said that the Government was making ‘difficult but necessary’ choices

Evening Standard

How to protect your money as UK heads for longest recession since the 1920s

Mirror Money editor Levi Winchester looks at how you can best protect your finances in a background of rising interest rates, soaring inflation and the UK likely heading into recession

Daily Mirror

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The Independent UK

Government is ‘absolutely committed’ to pensions triple lock – Kwarteng

Inflation is expected to be by far the highest triple lock factor this year, potentially putting pensioners in line for an increase of 10% or more.

The Independent UK

Market turmoil ‘has exposed vulnerabilities in the UK’s pension sector’

Concerns had been growing that defined benefit pension funds were at risk of being ‘hammered’ by recent market moves, a finance expert said.

Evening Standard

Mortgage borrowers set to see bills climb higher amid concerns of emergency interest rate hike

A tracker mortgage is already about £210 per month more expensive on average than it was before base rate increases started last December.

The Independent UK

Mortgage borrowers could see monthly bills climb higher

A tracker mortgage is already about £210 per month more expensive on average than it was before base rate increases started last December.

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news in one place.

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The Independent UK

How will mini-budget announcements affect UK households?

The Government has unveiled a raft of tax cuts as part of plans to drive up growth during the cost-of-living crisis.

The Independent UK

200,000 more people a year ‘will be lifted out of paying stamp duty’ - OLD

The nil rate stamp duty band has been doubled to £250,000, with the threshold for first-time buyers rising to £425,000.

The Independent UK

Cutting stamp duty could push up mortgage bills, expert warns

Reports claim the Government is planning to reduce the property tax as part of efforts to boost economic growth.

Wales Online

Exact number of years you need to work for Full State Pension payments in retirement

You will need a minimum of 10 years' worth of National Insurance contributions to get any State Pension payment, and 35 qualifying years to get the full new State Pension.

Edinburgh Live

Age groups hit hardest by cost of living crisis and who gets full State Pension

In order to qualify for any form of State Pension payments during retirement, you will need at least 10 full years of National Insurance contributions to your name.

Daily Record

Full State Pension payments during retirement means you need to work this number of years

To qualify for any State Pension payment you will need at least 10 years' of National Insurance contributions.

The Independent UK

Average UK house price sees biggest annual rise in 19 years

The percentage increase was around double the rate recorded in June

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