MoneySavingExpert News

March

Budget 2015: Pension lifetime allowance to fall to £1m

The amount savers can put into a pension over their lifetime will fall from next year from £1.25m milion to £1m

18 March 2015

Budget 2015: Help to Buy ISAs to launch

First-time buyers will get £50 for every £200 saved up to a maximum of £3,000, under the new Help to Buy ISA scheme

18 March 2015

Budget 2015: Booze cuts but smokers hit with another rise

The tax on beer will fall by 1p and the duty on cider will be cut by 2% but the price of cigarettes will rise

18 March 2015

Budget 2015: Mini tax cut announced

The majority of people will get a small tax cut over the next few years, under new changes to the personal allowance

18 March 2015

Homes worth up to £1m could escape inheritance tax

Parents may be able to leave homes worth up to £1 million to their children without paying inheritance tax

17 March 2015

Minimum wage to rise 3%

The national minimum wage for adults is to increase by 3% – 20p an hour – from 1 October, the Government has announced

17 March 2015

Received a letter from Erudio quoting outdated regulations? Let us know

A graduate has reported receiving a letter from student loans provider Erudio, which quoted incorrect regulations

17 March 2015

New pension freedoms means it pays to know when you'll die

In tomorrow's Budget, the Chancellor is likely be lauding the most radical changes to private pensions for a generation

17 March 2015

Plans to allow savers to sell their pension income revealed

Five million people who've already bought an annuity will be given the same freedoms as people nearing retirement

16 March 2015

'Decrease the term or overpay my mortgage?' – Martin Lewis answers

Overpaying and shortening a mortgage term do the same thing, yet overpaying has the advantage that you can stop it

16 March 2015