Debate: Should personal auto-enrolment pension contributions rise above the current level of five per cent? April 10, 2019 Should personal auto-enrolment pension contributions rise above the current level of five per cent? Yes – Samantha Seaton is chief executive of Moneyhub. The introduction of auto-enrolment has been hugely positive, and it has offered a great opportunity for people to better engage with their finances. The hard truth, however, is that even saving the minimum [...]
British Airways settles long-running pensions battle with trustees April 9, 2019 British Airways has settled a long-running battle with the trustees of one of its staff pension schemes in a case that was set to go to the Supreme Court. The trustees of the nearly 25,000 member Airways Pension Scheme said today they had agreed to an out-of-court settlement to the dispute, subject to the approval of the [...]
Early bird investors reap rewards April 8, 2019 | City Talk By Graeme Evans from interactive investor. The sooner you utilise your annual ISA allowance, the quicker your money starts working for you. ISA season is over, bringing respite from weekend newspaper supplements offering “five reasons” why we need to act fast to make the most out of our tax-free allowance. Many of us will have [...]
It’s time for the pensions industry to stop taking customers for granted April 5, 2019 With workplace pension contributions increasing from tomorrow, I’m reminded of a recent industry event that I attended. During the keynote, the speaker cut to a video where members of the public were stopped on the street and asked “who is your pension provider?” Most of those questioned looked confused, unable to recall where their pensions [...]
Amber Rudd gives nod for pensions dashboard project to ‘transform’ retirement planning April 4, 2019 Amber Rudd has given the green light for the long-awaited pensions dashboard project to go ahead, with the first industry models to come out later this year. Under the scheme, workers will be able to see information about their various nest eggs combined on a so-called dashboard, accessible on smartphones, tablets and computers. The plan [...]
Five high-quality European stocks for an ISA April 4, 2019 | City Talk By Rodney Hobson from interactive investor. Our author and columnist offers some tips on choosing ISA stocks and identifies a handful of top picks. Rodney Hobson is an experienced financial writer and commentator who has held senior editorial positions on publications and websites in the UK and Asia, including Business News Editor on The Times [...]
What is powering ISA millionaire portfolios? April 3, 2019 | City Talk By Jemma Jackson from interactive investor. For our ISA millionaires, investment trusts and a little luck are key to a seven-figure portfolio. Whilst there is always a huge focus on the most popular ISA season funds, data from interactive investor suggests that when it comes to the largest portfolios, it is investment trusts that are [...]
Best 5 US stocks for an ISA March 28, 2019 | City Talk By Rodney Hobson from interactive investor. Brexit makes investing overseas especially attractive now, argues our commentator, author and columnist. Rodney Hobson is an experienced financial writer and commentator who has held senior editorial positions on publications and websites in the UK and Asia, including Business News Editor on The Times and Editor of Shares magazine. [...]
Invest in Isas like it’s 1999 March 28, 2019 The Individual Savings Account (Isa) is approaching its twentieth birthday, and since its inception it has been hugely popular. In the last tax year alone, 10.8m adult Isas were opened. But despite this popularity, have savers made the most of the opportunity? Big benefits When the Isa launched in 1999, it had an annual allowance of [...]
Nine UK shares that tick all of Warren Buffett’s boxes March 26, 2019 | City Talk By Kyle Caldwell from interactive investor. Looking for equity-based ISA inspiration? We run through the investment checklist of the Berkshire Hathaway chairman to identify UK shares that pass his stockpicking rules. American investor Warren Buffett is to the world of investment what Lionel Messi is to football: the greatest of his generation in the profession [...]