Aside from our houses our pensions are probably our most valuable assets. indeed for hundreds of thousands of us our pensions will be worth more than the houses we live in. Shame then that a number of unscrupulous ‘pension liberation’ firms are on the hunt for gullible investors so that they can access your pension funds. They’ll tell you that…
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I travelled back from London recently on the 2.30pm from Euston. It was due into Glasgow at 7.15pm and I was looking forward to getting home and relaxing after a couple of busy days. I have to admit to being a bit pissed off when we sat at Preston for an hour and a half, having been told that there…
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With a new report suggesting that banks made more than £1bn in overdraft charges last year it really is time to put the ‘free banking’ myth to bed. We don’t have free banking in this country, and we haven’t had for years. We pay for our bank accounts in a variety of different ways, including overdrafts, packaged accounts and the…
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Part of the problem revolves round confusion about when the money built up in the LISA can actually be used. When it was introduced the Chancellor said that it could be used either at retirement or when first time buyers purchase their first house. Of course if you can’t use it until you have actually completed on your house purchase then it can’t be used to help with your deposit – something that George Osborne seemed to suggest was central to its introduction when he announced plans for the LISA at his last budget.
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