Understanding the 4% rule for UK savers before the tax year ends As the UK tax year draws to a close on 5 April, many savers are reviewing their finances. A common piece of guidance that surfaces at this time is the so-called '4% rule'. This is not a formal...
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Lost NS&I Savings: How to Trace and Reclaim Your Money
What to do if you have lost track of your ns&i savings National Savings and Investments (NS&I) is a trusted, government-backed savings provider for millions of people in the UK. It offers products like Premium Bonds, Direct Saver accounts, and Income Bonds. However, as with any financial institution, accounts can...
4% Rule UK Savers: Check Your Tax Before April 6 Deadline
Understanding the 4% rule for UK savers before the tax year ends As the end of the UK tax year approaches on 5 April, many savers are reviewing their finances. A common piece of guidance that circulates at this time is the so-called '4% rule' for savings. This isn't a...
Premium Bonds Compensation Explained for UK Savers
Premium bonds compensation explained for UK savers If you hold Premium Bonds, you may have heard about a significant compensation payment being made by NS&I, the government-backed savings provider. This relates to a historical issue where some prizes were not correctly allocated to eligible bondholders. For UK savers, this is...
4% Rule UK Savers: How It Works Before The Tax Year Ends
Understanding the 4% rule for UK savers As the end of the tax year approaches, you might have seen references to a '4% rule' for savings. This isn't a new investment strategy, but a practical guideline related to the UK's tax system. It's about understanding how much interest your savings...