MT Financial News

Are interest rates likely to rise in 2020?


Analysis of the Bank of England’s (BoE’s) plans at the start of 2020 have suggested that interest rates are unlikely ...

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Younger women opting out of workplace pensions are at risk of missing out


A new study has found that many young women may be putting their retirement income at risk by opting out ...

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UK savers have more than £870bn in the bank


The latest data from banking trade body UK Finance has shown that the British public has more than £870 billion ...

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HMRC stings Lifetime Isa savers with £9m of charges


New data obtained from HM Revenue & Customs (HMRC) has shown that Lifetime Isa (LISA) savers have been charged more ...

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Study indicates that many women aren’t saving as much as men for later life


New research has indicated that while the number of women saving for retirement is increasing, the amount actually saved is ...

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Lifetime financial advice could make you nearly £50,000 better off


A new study supported by former Pensions Minister, Steve Webb, has found that regular professional financial advice provides an average ...

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Interest rates likely to fall regardless of any Brexit


Michael Saunders, a Bank of England (BoE) policymaker, has said that regardless of what direction Brexit does or doesn’t take ...

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Could UK savings rates dip to zero?


There is a growing indication that some of the UK’s leading savings providers may be about to cut their interest ...

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UK retirement system is only 17th best in the world


The UK has been ranked 17th out of 44 nations for retirement security behind many of its global counterparts and ...

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