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Savings

Government publishes a raft of tax consultations

The Treasury has issued nine consultation papers on various aspects of the personal and business tax system in what amounts to a far-reaching overhaul of the entire regime.

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Inflation still the enemy of savers

Basic rate taxpayers require savings accounts offering interest rates of 4 per cent if they are to outpace inflation.

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New guidelines to speed up ISA transfers

Savers with cash ISAs should see an improvement in the length of time it takes to switch accounts from one provider to another.

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Recession put pension savings under pressure

Pension saving has been hit hard by the economic downturn, a new study has suggested.

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Saving outstrips borrowing for first time in two decades

More people are setting money aside than those who are borrowing to spend, new figures have revealed.

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Pension system to see radical reforms

The government is planning to accelerate moves to raise the state pension age for men to 66 as part of a major overhaul of the pensions system.

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