Accessing a child trust fund for a disabled adult If you are the parent or guardian of a young adult with a disability or a condition that affects their mental capacity, you may face a significant legal hurdle when trying to access their Child Trust Fund (CTF). These accounts, set...
High Yield Savings Accounts UK Guide: How They Work & Key Considerations
Understanding high-yield savings accounts in the UK For UK savers, the term 'high-yield savings account' refers to savings products that offer an interest rate significantly above the average offered by high street banks on their standard easy-access accounts. These accounts are a core tool for consumers looking to grow their...
How To Check Unclaimed Premium Bonds Prizes UK – Are You Owed Money?
Unclaimed premium bonds prizes: how to check if you are owed money Premium Bonds, offered by National Savings and Investments (NS&I), are a popular way for millions of people in the UK to save. Instead of earning interest, your bonds are entered into a monthly prize draw for the chance...
Pension Withdrawals Inheritance Tax UK Rules Guide
Pension withdrawals and inheritance tax: what UK retirees need to know Recent reports suggest that some retirees with significant pension savings are reviewing their financial plans and considering withdrawing more from their pensions than they need for living expenses. This activity is often linked to a desire to manage potential...
End Of Tax Year Checklist UK: Maximise Allowances Before 5 April
End of tax year checklist for UK savers As the UK tax year draws to a close on 5 April, it's a crucial time for consumers to review their finances. This annual deadline is your last chance to use certain tax allowances and savings opportunities that don't roll over into...