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Related Articles from SNS
New £268,275 cash alert for UK pension savers
New £268,275 cash alert for UK pension savers There are several widespread misconceptions about the rules for taking tax-free cash from pensions that could prompt savers to make the wrong decisions with their retirement savings Millions of employees could be making serious errors with one of the most valuable benefits of pension saving. Experts caution that confusion surrounding the regulations on pension tax-free cash is causing some savers to make hasty decisions that could leave them...
UK savers '£3,000' HMRC tax alert for Brits to know
UK savers '£3,000' HMRC tax alert for Brits to know Pension savers are being warned about the risks of making costly errors Millions of pension savers risk surrendering thousands of pounds to tax unnecessarily as confusion surrounding retirement income choices leaves many exposed to expensive errors. Only 42% of adults claim they have a clear grasp of the options available when withdrawing money from their pension. Even amongst those aged over 55, the proportion rises marginally to 45%,...
ISA trick that lets you take money out – without losing your tax-free allowance
ISA trick that lets you take money out – without losing your tax-free allowance Millions of Brits are careful not to exceed their annual ISA allowance – but many don't realise there is a way to get access to their savings A flexible ISA allows savers to withdraw money and replace it later in the same tax year without it counting towards their annual ISA allowance again. It's a feature that could prove particularly useful as households continue to juggle rising bills, unexpected expenses and...
New deal from Wednesday sees Co-op selling £32 of fruit and veg for £3
New deal from Wednesday sees Co-op selling £32 of fruit and veg for £3 You can get a bag packed with fresh fruit and vegetables Co-op has today announced the launch of its Second Chance Saver Bags to offer shoppers value on fruit and veg while also reducing food waste. The retailer is launching £3 ‘mystery’ produce bags at selected Co-op stores, available to order on Deliveroo, that will allow shoppers to purchase fruit and veg items that could otherwise go to waste but are still perfectly...
Premium Bonds prize checker: When is June’s NS&I draw and have I won?
Premium Bonds prize checker: When is June’s NS&I draw and have I won? Next month’s prize draw is imminent - Bookmark - CommentsGo to comments Every month, savers have the chance to win big prizes as the Premium Bonds winning numbers are announced. There are now 24 million people taking part in the government-backed savings scheme, with more than £127bn banked.
Singapore Airlines limits Business Class advance seat selection based on fare type and membership
Singapore Airlines limits Business Class advance seat selection based on fare type and membership For seat selections made on or after Jun 2, passengers booked on Business Lite fares, as well as Saver, Advantage or Promo awards, are limited to a smaller pool of Business Class seats when making advance seat selections. Singapore Airlines (SIA) has introduced new changes to its advance Business Class seat selection policy, limiting access to preferred seats for passengers travelling on...
[Written Question] Workplace Pensions: Investment
Question by: Baroness Stedman-Scott Answering Body: Department for Work and Pensions Question: To ask His Majesty's Government what assessment they have made of the difference in saver outcomes between (1) pension schemes with assets under management below £25 billion, and (2) larger pension schemes.
[Written Question] Workplace Pensions: Investment
Question by: Baroness Stedman-Scott Answering Body: Department for Work and Pensions Question: To ask His Majesty's Government what assessment they have made of the extent to which investment strategy and asset allocation determine saver outcomes for pension schemes compared to the overall pension scheme scale.
Paris court convicts Worldpay in €35 million Forex fraud scheme
Paris court convicts Worldpay in €35 million Forex fraud scheme PARIS, June 9 : The Paris Criminal Court convicted global payments company Worldpay in a trading scam case on Tuesday, fining it €200,000 ($230,920), French media reported. The case centered on fraudulent online foreign exchange investment schemes between 2011 and 2014, in which savers were lured with promises of high returns before their money was diverted through accounts around the world.