Additional State Pension: What are the rules for qualifying years and how to receive extra | Personal Finance | Finance

Additional State Pension is an extra amount of money that could be received on top of basic state pension. However, it’s only available of men born before 6 April 1951 or women born before 6 April 1953. So long as the person qualifies for it they will received the additional state pension automatically, with it being paid with the basic state More...

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By admin On Tuesday, February 18th, 2020
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Premium Bonds: NS&I slashes Premium Bond prizes AND interest rates in huge blow to savers | Personal Finance | Finance

NS&I announced interest rate reductions across its fixed and variable savings products yesterday, with the changes effective from May 1, 2020. The announcement said that the changes would ensure NS&I’s More...

By admin On Tuesday, February 18th, 2020
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Support for mortgage interest: A loan from the government which helps with mortgage costs | Personal Finance | Finance

The government provides a benefit called “support for mortgage interest (SMI)” which is designed to help those who are struggling with interest payments. SMI could help with payments on a mortgage or loans More...

By admin On Monday, February 17th, 2020
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Free childcare: Vouchers available to parents – how to claim | Personal Finance | Finance

The application needs to be done online and there are certain eligibility requirements. Eligibility depends on if the parent(s) are working, how much is being earned, the child’s circumstances and nationality. This More...

By admin On Monday, February 17th, 2020
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State pension increase 2020: Is the state pension taxable? | Personal Finance | Finance

State Pension is a regular payment of money which is given to eligible recipients over the state pension age. The amount one receives depends on the amount of national insurance paid throughout their life. But More...

By admin On Monday, February 17th, 2020
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Martin Lewis: You will save money if you do this with your mortgage | Personal Finance | Finance

One of his first meetings was with a gentleman, aged in his early fifties, who was looking to purchase a home outside of London for around £125,000. Martin Lewis proceeded to ask the man what his income was More...

By admin On Monday, February 17th, 2020
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Pound US Dollar exchange rate: GBP/USD flat as Covid-19 appears to be a ‘long-term issue’ | City & Business | Finance

Many now see the spread of Covid-19 across China as a long-term issue, and global growth could suffer. Reduced demand for higher-risk assets lent USD further support. Commenting on this, Societe Generale’s More...

By admin On Monday, February 17th, 2020
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Pound euro exchange rate sinks UK and EU could ‘rip each other apart’ says French minister | City & Business | Finance

M Le Draig said that the two sides could “rip each other apart” during trade negotiations, but insisted that this would be a necessary “part of the negotiations” for “everyone will defend their own More...

By admin On Monday, February 17th, 2020
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Nightmare weekend for crypto as markets crumble | City & Business | Finance

The world’s most dominant cryptocurrency had enjoyed the love of St Valentine’s Day with a surge from $10,000 to within touching distance of $10,400 – a robust-looking move which provoked plenty of excitement More...

By admin On Monday, February 17th, 2020
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State pension crisis: Age UK’s plan to help claimants revealed after age change increase | Personal Finance | Finance

The state pension age for men and women is currently 65 but will increase to 66 by October 2020. The pension age will then rise to 67 between 2026 and 2028. Age UK’s policy expert Sally West has outlined what More...

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