Personal Finance

Almost half (47%) of Scottish adults who do not own their own home believe they will never be able to, according to a new report from specialist lender Pepper Money. The findings highlight the barriers facing aspiring homeowners in Scotland, particularly those who are self-employed, have variable in

Uinsure has claimed to have launched the UK's first home insurance monitoring service, which allows customers to compare their current policy against live quotes. Customers will be able to compare their policy against Uinsure's panel of seven UK insurers several times a year, instead of just at rene

  Parents have squirreled away £2.5bn into junior ISA, with almost two-thirds £1.55bn of new money now being invested into stocks and shares in 2024/25, despite £1.9bn of child trust funds going unclaimed, according to new HMRC data.

A financial planner has claimed the profession is struggling to attract younger earners and people who earn a lot but are not yet rich. Sam Patterson, head of proposition at Equilibrium Financial Planning, discussed the challenge the profession faces in attracting HENRYs, high earners, not rich yet,

Financial planners have the knowledge to help clients understand their goals and protect their interests. “Rightly or wrongly,” most clients are high-net-worth individuals who are retired and have more time to think about what they want to save or how to use their assets.

More than £1bn in inheritance tax was paid by the estates of wealthy families who put off gifting until it was too late, new figures show. Data obtained by financial advice firm, NFU Mutual, showed that more than 5,000 estates paid in excess of £1bn in IHT on lifetime gifts in the tax ye

Aberdeen Investments has told Chancellor John Healey the UK risks falling further behind Asia on retail investing unless he acts in October's Budget. Research by the firm found that Japanese households now hold 9% of their wealth in equities and mutual funds outside pensions, compared with just 8% i

AJ Bell has called on Chancellor John Healey to commit to pension tax stability to avoid another round of damaging speculation about tax-free cash ahead of the October Budget. The firm shared its Budget submission to the Treasury today, highlighting that a pre-Budget commitment to pension tax s

More than six in ten millionaire investors have considered leaving the UK because of concerns over taxation, according to new research from Wealth Club. The study of 341 Wealth Club clients, all with overall wealth of £1 million or more, found that 61% have at least considered becoming non-UK

Private non-financial corporations (PNFCs) raised almost no net finance in July, a sharp turn from June's £2.4bn of net repayments, according to a new report. Statistics released by the Bank of England's money and credit report showed that bank lending to businesses, including overdrafts, and

Parents are sacrificing their own pension pots and investments to afford private school fees, according to new research by Rathbones. The wealth and asset management group revealed in a report that parents are increasingly funding private education at the expense of their own long-term financial sec

Pensioners will be forced to hand over their bank statements to the Department for Work and Pensions as part of the government's crackdown on the growing benefits system. The DWP is aiming to cut £370m from the benefits bill and will inform thousands of pensioners they will need to provide ban

The total assets under administration (AUA) across DIY investment platforms grew to £653bn by the end of June 2026, according to analysis by Boring Money. It found that over the last five years the total AUA had grown by 87%, with the average DIY investment provider growing 12% in quarter two