Following last week’s Bank of England decision to hold interest rates at 3.75%, many homeowners may be breathing a sigh of relief. But after a year of stubborn inflation and global instability keeping borrowing costs higher for longer, those nearing the end of cheaper fixed-rate deals are still facing a sharp jump in monthly outgoings…
Read moreMany of the self-employed who save into a private pension rarely change the cash contributions they make according to research by Institute of Fiscal Studies (IFS) research, funded by the Nuffield Foundation. Employees’ pension contributions tend to be set as a fraction of their earnings – and so cash contributions rise with earnings. But many of…
Read more