The Chancellor Philip Hammond has announced a new three-year Government-backed investment bond open to everyone aged 16 or over in today's Autumn Statement. The bond will launch in spring 2017.
Renters will no longer be charged fees by lettings agents in England and Wales, under new rules unveiled by the Government today. But it remains to be seen whether the costs are diverted back to tenants in the form of increased rents.
A ban on "cowboy" cold-callers who target savers' pension pots will be proposed by the Government this week – though the ban won't initially cover texts and emails.
Anyone wanting to open a Lifetime ISA will be first made fully aware of how the product works and how much it will cost to make early withdrawals, under proposals by the financial regulator.
A parliamentary petition calling for an end to cold callers selling pensions and investments has been backed by almost 3,000 people so far - and MoneySavingExpert.com founder Martin Lewis has urged as many people to sign it as possible.
Two new savings schemes being launched by the Government must come with clear guidance at the point of application to prevent people "mis-prioritising their finances", Martin Lewis has warned.
25 October 2016
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