MSE News
Poll suggests people are cutting back on adding money to their pensions and investments as the cost of living crisis takes its toll
A quarter of people have stopped paying into long-term investments, such as stocks and shares ISAs or pensions, as a result of the recent spike in the cost of living, a poll has found. Here are all the details.
Of the 24% to cut back, the bulk indicated the biggest reductions would be made to their stocks and shares ISAs.
Talk to your providers if you're worried about paying bills
- If you're worried about paying energy bills then talk to your provider as they may be able to help. They might offer you support to rejig your payments, set up a repayment plan or offer you a discount.
- Most energy suppliers also offer access to hardship funds if you're in debt and struggling to repay. They offer schemes and grants to help with your energy costs, to replace faulty or old boilers, and to make your home more energy-efficient.
- Find out if you're entitled to the Government's £150 council tax rebate designed to help pay energy bills.
MSE weekly email
FREE weekly MoneySaving email
For all the latest deals, guides and loopholes simply sign up today – it's spam-free!
Related Articles
-
Crucial deadline to boost your state pension extended to 31 July – here's what you need to know
7 March 2023![]()
The deadline to top up missing national insurance years between 2006 and 2016 has been extended to 31 July 2023. -
Martin Lewis: Less than six weeks left for millions to boost their state pension by £10,000s – and some can do it for free
7 March 2023![]()
If you're aged under 70, you have just weeks left to boost your state pension by £1,000s or even £10,000s – so check NOW. -
NS&I to increase Premium Bond prize rate AGAIN to 3.3% – here's all you need to know
14 February 2023![]()
The odds of each £1 Premium Bond number winning a prize will remain at 24,000-to-one, but there will be more higher value prizes available. -
Martin Lewis: Three important questions for anyone with a cash ISA
25 January 2023![]()
Don't pay tax on your savings interest? Then cash ISAs are probably not for you. If you do, and a cash ISA works, then make sure you check your rates as most earn diddly squat.
29 March 2023
-
Martin's 5-minute Wallet Workout
GAIN pounds
-
Avoid the savings tax trap
From higher-interest fixes
-
Pet insurance going cheep...
Hot deals comparisons miss
-
Fixed energy deals are back
Should you?
-
Martin: 'Urgent tax reclaim deadline'
Must-see video
-
MSE's epic Easter egg taste test
Can cheap choc beat posh?
-
Aldi 40% off code
For outdoor items
-
Read the full email
For all the latest deals, guides and loopholes simply sign up today – it's spam-free!
-
Thousands of single bus journeys in England to be capped at £2 until 30 June - here's all you need to know
1 April 2023![]()
The fare for thousands of single bus journeys in England will be capped at £2 until 30 June 2023. -
Stamp prices to rise by up to 16% – but there's a way to beat the hike
31 March 2023![]()
From Monday 3 April, the cost of first-class stamps will be hiked to £1.10, while second-class stamps will increase to 75p. -
Going through the menopause? You'll be able to get your HRT prescriptions for less from 1 April - here's how
31 March 2023![]()
People going through the menopause in England will be able to access cheaper HRT prescriptions from 1 April with a new 'season ticket'. -
Bulb customer? Octopus has now completed its takeover – here's what you need to know
31 March 2023![]()
Octopus has agreed a deal with the Government to take over the failed supplier. -
Eight more 'banking hubs' to open in a bid to boost access to cash as high street branches close – here's a full list of the 47 planned hubs
31 March 2023![]()
Eight more 'banking hubs' are to open in the UK in the coming year, aiming to boost people's access to cash and other financial services as bank branches continue to disappear from the high street.
-
Martin Lewis: Is it time to ban unnecessary Christmas presents?
5 December 2022![]()
Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of... -
Martin Lewis: The one thing everyone aged over 66 needs to know
29 November 2022![]()
It is a national tragedy that getting on for a million pensioners, many of whom have been paying into the system for years, are missing out on a critical boost to their income. It's called pension credit, and this year it also means you get an extra £650 to help with energy bills.
.png.rendition.320.320.png)
Clever ways to calculate your finances
