For decades now, successive governments have aimed to encourage saving. Arguably it is very much in their interests to do so. People with savings, pretty much by definition, are less likely to run into financial difficulties. This means that they are also less likely to need state benefits. In recent years, governments have made particular efforts to encourage saving for retirement (“We're all in!”). While pensions have been the most traditional form of retirement saving

As the end of the financial year approaches in April, If one of your New Year’s resolutions for 2015 was to improve your finances and ensure that you maximise your savings, the new tax year is an important time. New increased limits on tax exempt savings pots in the form of NISAs have come into effect and in the next month NISA providers will be offering the best deals in the hope they will get your business. Therefore, if you haven’t got an NISA already, now may be the time

As the end of the financial year approaches in April, taking stock of the performance of your savings is an essential task for anyone who wants to see their personal wealth grow effectively year on year. This blog is a useful guide to savers who invest in NISAs and want more for their money. Tax Efficient Savings The annual allowance that a saver can invest in an NISA without incurring tax on their nest egg in 2014-15 is £15,000 per year, and it can be divided between cash an