Retirement savers who want to make the most of their investments only have a few weeks to go before the new tax year closes off opportunities for last-minute planning. Pension provider Standard Life is urging pension savers to look at unused annual allowances after HM Revenue and Customs updated advice about maximising contributions from allowances [...]

The government’s plans to roll out the private sector pension reforms which will automatically enrol employees into a pension scheme will not be complete until three years after the originally intended date. The government proposals for auto enrolment onto pension schemes are set to begin in October this year. This will see some of the [...]

Over 50s life insurance plans sold with the help of free gifts and endorsements from daytime TV celebrities are a rip-off, claims consumer champion Which. The cover is ‘incredibly bad value’ for most customers – and the deal gets worse the longer the customer lives. Which is urging the Financial Services Authority to probe how [...]

The Financial Ombudsman Service (FOS) have reported a 29% rise in the number of complaints received regarding motor insurance last year. One of the main source of complaints was that insurers were undervaluing vehicles that had been written off. The FOS warned that some insurers were using the trade price to value a written off [...]

Official figures have indicated that in December, the Consumer Prices Index (CPI) measure of inflation fell to 4.2%, the lowest since June 2011. In November, the CPI was 4.8% and the drop in December was the biggest monthly fall since April 2009, giving weight to the Bank of England’s prediction that inflation would fall to [...]