Buying gilts (government debt) is another alternative to interest-bearing deposit accounts. Older gilts pay very low coupons — or interest — taxed at your marginal income tax rate. To compensate, ...

A 20-year-old woman won the lottery. How she chose to accept her winnings drew social media scorn.

Rachel Reeves has been warned that cutting the tax-free amount people can withdraw from their pension pots would be self-defeating and “hit responsible savers who have diligently put money aside”. The ...

I have a Sipp with Hargreaves Lansdown and want to take a tax-free lump sum before the Budget. After following the online process, I put my £500,000 pension into drawdown and applied for the full ...

Balancing your dream holiday with long-term security When the unexpected happens, and a significant sum of money lands in ...

A reader is concerned about the future of the tax-free lump sum, which was subject to speculation at the Budget ...