Finance

My say on the Autumn Statement

So, the government are inviting the public to “have their say” on what should be included in the 2016 Autumn Statement. My submission, for what it’s worth is: I would introduce a minimum, government-backed, interest rate for savers of base rate +3% and cap total eligible savings at the same…

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Expat woes with the Lifetime ISA

So we’ve recently had the budget from George Osborne and amongst other things, he announced the Lifetime ISA. On the surface of it, the Lifetime ISA seems like an attractive proposition. And for many, it will be.   Effective 25% profit (interest) guaranteed from the government on up to £4,000 of…

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How to save £50 off iPhone 6s

With the recent announcement and release of the iPhone 6s, there’s the usual rush to buy the latest and greatest device. But there’s an easy way to save yourself a bit of money off the list price. The 128gb iPhone 6s costs £699 if you buy it direct from Apple.…

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Cut benefits for Sky TV subscribers

With all the focus on the recent budget from George Osborne and the welfare cuts about to be imposed, it still surprises me that one of the UKs big benefits issues persists and remains undiscussed and untackled. Simply put, why are people on benefits able to have Sky TV subscriptions?…

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Government backed annuities

Every time there are reports in the media about the woefully low annuity rates or the recently implemented pension freedoms, I wonder why there aren’t more flexible or state-backed options for annuities. As much as the pension freedoms might have kickstarted a more flexible approach to retirement planning, annuities will…

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Part time rail season tickets

I have a cynical supposition that the rail companies continue to talk about part time season tickets but never actually commit to introducing them because they believe it’ll cost them too much to set up or lose them too much money in lost revenue. My particular issue with this is…

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The looming generational pension crisis

It’s been a constant feature of the various online financial press in recent months and even years – at least as long as I’ve had an elevated interest in this sort of thing – but given the pace of change in the financial services market and in particular, with regards…

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Do comparison sites cost us more?

They’re often heralded as consumer champions, giving individuals access to the whole (or a much larger proportion) of the market than they would have been able to access independently. But I wonder how much the presence of the comparison sites has actually inflated the costs we all pay as a result…

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Why ISAs are still important

Given the recent announcements from George Osborne in his latest, pre-election budget about the planned changes to ISAs and the tax on savings we all pay (in the UK), there have been articles published and online discussion about whether this signals the beginning of the end for the cash ISA.…

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The 8th wonder of the world

I read with interest the other day that according to Albert Einstein, the 8th wonder of the world isn’t any natural or man-made structure, but is in fact, compound interest. Einstein famously said, “Compound interest is the eighth wonder of the world. He who understands it, earns it … he…

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