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Don’t forget your new £20,000 Isa allowance: Look beyond the big banks and you could boost your returns eightfold By Sylvia Morris For The Daily Mail Published: 22:01 BST, 6 April 2021 | Updated: 22:54 BST, 6 April 2021 With the new tax year comes a new £20,000 tax-free Isa allowance. For those keen to … Read more
The chairman of a parliamentary group that normally waves the flag for financial mutuals has criticised building societies for awarding chief executives five or six-figure bonuses last year while the country was in lockdown. Exclusive research by The Mail on Sunday shows that 23 building society bosses received bonuses last year, ranging from £3,000 to … Read more
A new financial services company has launched a debit card that allows families, friends and carers to manage an elderly person’s financial affairs through a virtual or physical debit card. The co-founder of GuardianCard, Nick Thompson, says the business and card were created to prevent the elderly being subjected to theft and other types of … Read more
Marcus Bank will FINALLY launch a best buy cash Isa next week after two years of hinting – will it help trigger a tax-free savings war? The bank will pay 0.4% tax-free interest to savers from 6 April onwards It does not allow previous year’s transfers or non-Marcus customers Marcus first hired a Isa product … Read more
Could you get lucky with your savings deal? Three major banks now offer lottery-style accounts – but it may not pay in the long run By Sylvia Morris For The Daily Mail Published: 22:00 BST, 30 March 2021 | Updated: 22:32 BST, 30 March 2021 With interest rates close to zero, a savings account that … Read more
The truth is, there’s no such thing as a single rate of inflation. Everyone will have their own because everyone in the country buys different goods and services from different shops and sellers. The changing price of dog food, for example, is not going to be relevant to someone who does not have a four-legged … Read more
Dealing with customer complaints and queries major challenge for banks over past 12 months – and the smaller ones have the happiest customers By Jeff Prestridge, Financial Mail on Sunday Published: 21:52 BST, 27 March 2021 | Updated: 22:36 BST, 27 March 2021 Great service: New mobile bank Starling has delivered service par excellence Dealing … Read more
Hopes the Government would provide a simpler workaround to the courts for the parents of disabled children locked out of their Child Trust Funds appear to have been dashed after ministers said it was up to the judiciary to make the process easier. Justice minister Lord Wolfson told peers in the House of Lords on … Read more
The Government faces yet another grilling in Parliament over attempts to help as many as 200,000 disabled children locked out of their own savings, amid widespread concern little progress is being made. Former Tory cabinet minister Lord Young on Thursday will again ask ministers what the Government is doing to help children gain access to … Read more
The Government faces yet another grilling in Parliament over attempts to help as many as 200,000 disabled children locked out of their own savings, amid widespread concern little progress is being made. Former Tory cabinet minister Lord Young on Thursday will again ask ministers what the Government is doing to help children gain access to … Read more