Intelligent workers who are good with money and have long saved into a pension do not necessarily have a high 'retirement IQ' - despite an aptitude for handling money well. the Bank of England's chief economist Andy Haldane admits to being stumped and says he cannot make the 'remotest sense' of his retirement savings.
Are driverless cars the road to cheaper motoring? The futuristic vehicles coming to a street near you - possibly as early as next year
At an industry event last week to show off the cutting-edge technology being knitted together to create the fully-fledged driverless car, debate centred on what the developments will mean for owners in terms of insurance and the law. If a car is in an accident who or what is to blame if there is no driver at the wheel?
DON'T MISS
- SALLY HAMILTON: Millions with final salary pension schemes should steel themselves. Plans are afoot that could seriously damage their retirement incomes.
- BATTLE AGAINST CANCER INVESTMENT TRUST: Charitable trust combines making money with saving lives
- SIMON WATKINS: There's a pensions crisis looming and the proposed Tata Steel deal is a quick fix that will do more harm
- MIDAS SHARE TIPS UPDATE: Our festival food tip Acal cools in global downturn... but growth prospects remain strong
- Revealed: 12 jobs that have seen the biggest pay increases this year Marketing managers see pay rocket 37%
- What are you doing with pension freedoms? Take a 'personality' quiz and find out if you're being prudent or reckless with your retirement savings
- Can I keep the price off those websites that allow you to look up what homes have been sold for? I don't want my ex-wife to find out how much I paid for my new home.
- Fresh coffee direct from...Basildon: First look at Costa roastery being built in Essex the size of 30 tennis courts
- Who wins out of these feisty five-door warm hatchbacks? Ford Focus, Mazda 3, Seat Leon and Vauxhall Astra face-off
- Has Britain's star hedge fund boss Crispin Odey lost his golden touch? Odey's fund tumbled 20 per cent in May - and he's lost £200m in a year
- It's as fast as a Lamborghini, as luxurious as a Jaguar and doesn't use a drop of petrol, but can a Tesla Model S get to Wales and back? We test it long-distance
- Foreign currency sales surge Stronger pound and referendum fears see Britons snap up holiday cash
- The end of gazumping? If England followed Scotland's lead, buying and selling homes would be a breeze
- The 10 hottest properties: Britain's most-viewed homes for sale revealed... and we're window shopping with expensive tastes
- Is it still worth paying off your mortgage as soon as you can? SIMON LAMBERT wonders if super-low interest rates call this stock piece of financial wisdom into question.
- Investing Show: Tips to build an investment portfolio And should we worry about Brexit or deflation?
BUSINESS, CITY & MARKETS
Matchless revs up £5m bond: Bid to revive one of Britain's oldest motorcycle marques
A mini-bond is being sold to small investors through the online finance platform Karadoo. Investors in the Original Matchless Motorcycle Company will receive 6 per cent annual interest for five years.
SAVE MONEY, MAKE MONEY: OUR TIPS TO GET RICHER
- This is Money's five favourite best buy cash Isas for 2016
- Looking for a better bank? Five of the best current accounts
- Energy bills: Could you cut save by switching?
- Best credit cards for spending, holidays and rewards
- The best mortgage rates and should you fix?
- Ten tips for cheaper car insurance - and compare prices
- Best debit and credit cards for spending overseas
- The best and longest balance transfer credit cards
- Best (and cheapest) DIY investing Isa platforms
- Ten tips for buy-to-let and how to find a mortgage
MONEY NEWS & ADVICE
What are you doing with pension freedoms? Take a 'personality' quiz and find out if you're being prudent or reckless with your retirement savings
An in-depth study of over-55s following pension freedoms reveals many people struggle to make a decision, while others are switching money into savings accounts and buy-to-let property, or simply eager to 'treat' themselves. Take a quiz to find out what kind of pension 'personality' you are, and what that could mean for your financial security in old age.
Is it time to cash in your buy-to-let? We take a look at whether the figures still add up for landlords
Off the back of a tax squeeze, landlords may be thinking of quitting life in buy-to-let altogether. But is selling up and cashing in any profits a wise move? We take a look at what questions investors need to be asking themselves before taking a decision about the future direction of their property portfolios.
Banks' plot to make YOU take the blame if fraudsters strike: Victims of online con artists could lose refunds
Victims would be told it is their fault if their computer software is out of date, they use the same password for several online accounts - or if they are tricked by con artists into giving details. Currently, banks are supposed to cover all fraud losses unless they have proof the customer was 'grossly negligent'. The new rules could prevent vast numbers of victims claiming a refund. Last night experts branded the proposal a scandal.
MORE BUSINESS, CITY AND ECONOMY NEWS
Why the only way is ethics for fashion: New online service aims to improve reputation of the UK rag trade
Website Mysource.io will link fashion groups with ethical suppliers and offer advice and training to buyers as part of a campaign to stamp out practices that have tarnished the industry's reputation. The issue of exploitation by Western fashion groups shot to the top of the public agenda three years ago after 1,135 workers died in the collapse of the Rana Plaza factory in Dhaka, Bangladesh.
SMALL BUSINESS: NEWS, TIPS AND SUCCESS STORIES
In or out? Two of Dragons' Den's biggest stars roar into referendum debate... but can they convince you?
The BCC's poll of 2,200 leading business people found that 54 per cent would vote to remain in the EU, while 37 per cent would vote to leave - with 9 per cent undecided. This is a dramatic tightening since the BCC's February survey, which had those opting to remain on 60 per cent and those wanting to leave at 30 per cent, while 10 per cent were undecided.
YOUR MONEY ESSENTIALS
The 10 hottest properties: Britain's most-viewed homes for sale revealed... and we're window shopping with expensive tastes
You'd need to be a property millionaire or be earning a generous salary before you could snap up one of Britain's most popular properties this month. They include a new build in London costing £11,750,000 - which has doors that are unlocked using fingerprints - and a £3million Herfordshire home with the latest technology - including an interactive games room with a golf simulator.
The end of gazumping? If England followed Scotland's lead, buying and selling homes would be a breeze
At times of runaway property prices, gazumping in Britain reached near-epidemic proportions. Even now the market is comparatively stable, people still gazump others with such depressing regularity that the Department of Business, Innovation & Skills is considering outlawing the practice. Officials have privately met senior figures in the National Association of Estate Agents with a view to seeing whether best practice in Scotland - where gazumping is virtually unknown - can be introduced in England and Wales.
Is it still worth paying off your mortgage as soon as you can? SIMON LAMBERT wonders if super-low interest rates threaten this wisdom
Pay off your mortgage as soon as you can. That tip has stood for years as a cornerstone of financial wisdom. The idea was that while you might have traditionally taken out a 25-year mortgage, the wise thing to do was overpay and get it cleared as soon as possible. But this is coming under attack from lenders and low rates, so is it still wise?
Top Gear's Chris Evans reveals his five 'best of British' cars... with some extreme choices for the road and exclusives you can't buy
The Nissan Qashqai, Honda Civic and Vauxhall Astra are all built in Britain. However, you won't find those in this list of the best British cars of 2016, selected by the new Top Gear host. His picks include a car you won't ever be able to buy, two limited edition models that cost in excess of £90,000 and a pair that are almost too extreme for UK roads.
Investing Show: Tips to build an investment portfolio - and should we worry about Brexit or deflation?
Investors are regularly told that they need to asset allocate, build a balance portfolio and think long term - but how do you do that? Justin Urquhart Stewart, of Seven Investment Management, gives us his tips. He includes topics from how to asset allocate, to how to target what you see as growth areas and why a combination of both passive and active funds can be a wise move.
Can I dispute the will of a deceased relative? One family member persuaded her to rewrite her will in his wife's favour, kept her death a secret, held a shotgun funeral and cleared out her house before anyone else had been informed...
He suddenly kept turning up on my relative's doorstep prior to her death after ignoring her for years, redid her will to leave all assets to his own wife and appointed himself executor. By the time family members had been informed of the death, he and his wife had the house cleared out and all family items sent to an auction, and had a fast funeral with no announcement or attendees apart from him and his kids. We have no idea how much the assets were worth but there were valuable paintings, antiques and at least £50,000 in cash. Is this legal and what action can be taken?
I booked a discounted Florida villa to take my grandkids to Disney but Thomas Cook charged us £984 in under-occupancy fees
It was only after I had booked the Florida villa holiday with Thomas Cook that I was made aware that while the price quoted was what I would pay, it included an under-occupancy fee that I hadn't known about. When the booking confirmation came through, I had been charged six under-occupancy fees totalling £984. Is this fair?
Top gripes about pension freedoms revealed: Delays, bungled admin, exit fees and compulsory financial advice anger savers the most
Frustrated savers have lodged nearly 500 official complaints over new pension freedoms since the reforms were launched in Spring 2015. Around one in 10 complaints the Ombudsman gets about pensions nowadays involves a dispute about the new freedoms, which are aimed at allowing over-55s access to retirement pots to spend, save or invest the money as they wish.
Where to drive a hard bargain: Ten of Britain's favourite cars that dealers offer the biggest discounts on - and you can save up to 28%
Haggling over the price of a new motor can be uncomfortable for some, but get yourself armed with the right information and the task can become a lot easier. So if you need some ammunition to help you negotiate a saving on a new car, online seller AutoeBid has revealed the top 10 discounted models to us - with savings of up to 28 per cent on some new cars.
The 'eighth wonder of the world' that could make or break your fortunes: How to unleash the 'awesome power' of compound interest... and calculate it
Albert Einstein called compounding the eighth wonder of the world. It's a simple but extraordinarily powerful force that anyone saving for their future or going into debt should understand, says Tom Stevenson of Fidelity International. He explains how to work it out and apply it when you're making real life money decisions.
Find out how much rent your spare room could make you - and it's not London seeing the fastest rises...
With rents rising, Britons across the country could rake in a small fortune renting out their spare room. London is known as the priciest region in the UK, but elsewhere in the country room rents are increasing much quicker than they are in the capital, SpareRoom.co.uk exclusively revealed to This is Money. Excluding London, room rents across the UK have risen by 5.01 per cent in a year, compared to 1.63 per cent in the capital.
Play your cards right: The best credit cards for spending, holidays, rewards or clearing your debts
Whatever you are thinking of doing with your finances in 2015, if it is going to involve a credit card, then it is essential that you get the right one. Are you planning on a big spend? Do you need to clear your debts once and for all? If used correctly, credit cards can help you save money and earn rewards. We have scoured the market and picked out what we believe are the best credit card deals to help you make the most of your money.
CHRIS EVANS CARS OF THE YEAR SPECIAL
GUIDES: HOW TO SAVE MONEY AND MAKE MONEY
PENSION GUIDES
- How pensions work: Your essential guide to saving for a richer retirement
- How much money do I need to save for my pension? A quick guide to retirement saving...
- Why bother saving into a pension? Here's the advice I gave to my own sister, says SIMON LAMBERT
- Final salary pensions
- Defined contribution pensions
- Workplace pensions
- Personal pensions
- The state pension
- When and how to start saving for a pension
- What tax will you pay on your pension?
- What happens to your pension when you retire?
- Annuities
- Drawdown
- The Pension Protection Fund
WHAT NEXT FOR YOUR MONEY?
50 ways to save money: Simple steps to cut what you spend that could clear your debts or seriously boost your savings
To clear the average national household debt of ?13,000 at 6% interest with a monthly repayment of ?100 will take around 17 years. There are, however, plenty of simple ways to make significant savings on your regular spending that could clear your debt - or boost your savings - in less than a year. This is Money's top 50 - updated - money-saving tips may appear light-hearted but are deadly serious.
What next for house prices? House price rises ease but London market is picking up again
Nationwide says there was a 'mixed picture' across the regions in the third quarter of 2015, with the rate of house price growth accelerating in southern England and particularly London, but slowing down in the Midlands and most northern areas.
Ten tips for buy-to-let: the essential advice for property investors
For many buy-to-let looks an attractive income investment in a time of low rates and stock market volatility. Climbing house prices, rising rents and improving mortgage deals are tempting investors - although they will need a big deposit. Read This is Money's top ten buy-to-let tips
TIPS, TOOLS AND HELP FOR LANDLORDS
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easyProperty.com
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Best paid jobs 2015: Compare your salary to the national average in this league table of 350 professions - and see the year's winners and losers
Musicians have seen pay rises averaging nearly 20 per cent in 2015, while cleaners are getting 17.8 per cent more, and window cleaners 12.3 per cent. Artists in general are earning 14.6 per cent more in 2015 than 2014, according to the huge annual data dump of pay scales by the Office For National Statistics highlights.
ABOUT THIS IS MONEY
Premium Bonds winners
Prize value | Winning bond No. | Area |
---|---|---|
£1,000,000 | 171EJ539324 | West Scotland |
£1,000,000 | 150PX626601 | Surrey |
£100,000 | TR756652 | Nottingham |
£100,000 | 78EG320957 | Northumberland |
£100,000 | 70SQ047110 | Essex |
£100,000 | 209AK720567 | Leicester |
£100,000 | 171RJ541936 | Hampshire and Isle of Wight |
£100,000 | 14KT085181 | Lancashire |
£50,000 | 77AG074265 | Mid Scotland and Fife |
£50,000 | 33XT435809 | Inner London |
£50,000 | 22DR965024 | Hampshire and Isle of Wight |
MOST READ MONEY
- Brexiteer Duncan Smith claims new EU rules will cost British pensioners £400bn After Treasury warns exit will hurt pension funds
- TalkTalk customer scammed out of more than £3k Fraudsters target her with compensation overpayment trick
- Can I dispute a will? Family member kept death a secret, held a shotgun funeral and cleared out the house
- Thomas Cook charged us £984 in under-occupancy fees for Disney villa with grandkids It ate half our discount
- Living near a primary school rated 'outstanding' by Ofsted adds almost £44k to house prices
- The investment trusts that pay the highest income revealed: These 19 trusts yield more than 4%
- Top Gear's Chris Evans reveals his five 'best of British' cars... Including exclusives you can't buy
- Mortgage price war sees launch of cheapest home loan on the market at 1.14% But you'll need £1,345 for the fee
- B&M; Bargains is making billions from birdseed, batteries and other bric-a-brac Bargain basement chain
- Bank customers could be forced to foot bill for fraud on their accounts in future If they have lax online security
- Retirees hunting better returns invest pensions in wine, diamonds and land At risk of fraud
- A hamster, a hand and a sex toy: Kwik Fit mechanics list 10 weirdest items they've found Car repair discoveries
- Top gripes about pension freedoms revealed Delays, bungled admin, exit fees and compulsory financial advice anger savers the most.
- Another 40 Wetherspoon pubs added to big UK branch sell-off Check the map to see if your local is being sold.
- Nationwide owes me £4,750 after I bought a faulty VW Golf - but it won't pay out ASK TONY.
- Mortgage that transfers wealth to your children? Nationwide hints it will let parents unlock equity to help the young buy a home.
- So how much should you tip on holiday? It's a minefield... - but our definitive guide will save you any embarrassment.
- Experts now say retirees should withdraw only 2.5% a year from a £100,000 pot Pensions running dry?
- How to unleash the 'awesome power' of compound interest... and calculate it The 'eighth wonder of the world' that could make or break your fortunes.
- Would you lend your nest egg to a total stranger? Concerns over growing numbers of savers investing on peer-to-peer websites.
- Want a motor that really does 60mpg? Top 10 most economical cars on sale - according to real-world tests NOT the manufacturers.
- Families hit by 50% hike in the cost of funerals as cash-strapped councils ramp up their prices
- Warning for Whatsapp users over scam inviting them to upgrade to fake 'gold' service that lets fraudsters hack your phone
- That 7% reward may not be worth the considerable risk of peer-to-peer investing DAN HYDE.
- Experts now say savers should withdraw only 2.5% a year from a £100,000 pension pot Pensions running dry...
- Big banks holding on to YOUR cash by refusing to make their Isas 'flexible' - despite new government rules.
- Beware rip-off charges for drifting into the red Banks being allowed to set their own fees after watchdog refuses to impose a cap.
- National estate agency boss warns of big slump in buyers after buy-to-let rush and that house prices have hit a ceiling 'Trouble in paradise'
- What you need to make sure your last wishes are clear, from a will, to power of attorney and probate Don't leave it too late.
- Interactive map shows Winchester is best for start-ups while survival rates in Cardiff are low Best places in the UK to start a business.
- Metro Bank to increase transaction fees for customers using cards overseas 'in order to keep them free in Europe'
- Emerging market funds revealed as a 15- year disappointment as average investment lags benchmark by 16%
- Find out how much rent your spare room could make you - and it's not London seeing the fastest rises...
- Britons will spend an average of £1,300 on their summer holiday - but PM claims that Brexit could add another £230 to the cost.
- New Nationwide boss warns on harsh mortgage competition but profits jump again Profits hit £1.34bn
- Which is the better driver's car? BMW M2 vs the Ford Focus RS Supercar rivalling performance in a cheaper package
- Music and theatre tickets are still being sold unlawfully on some secondary websites, claims Which? investigation Investigation
- Think the EU referendum is the big financial event of the year? The US rates decision could be even bigger ALEX BRUMMER:
- Britons will spend an average of £1,300 on their summer holiday But PM claims that Brexit could add another £230 to the cost
- What you need to know about picking and paying for a funeral Death is unavoidable but you can choose how you go
- If I die and my husband remarries, how do I make sure my four kids inherit my money not their future stepmother?
- The best credit cards for spending, holidays, rewards or clearing your debts Play your cards right...
- Ryanair says it will cut fares further as profits surge despite terror attack fears among travellers
- The spiralling cost of parking outside your house: Resident parking permit prices up 51% in five years - and the most expensive aren't in London.
- Co-op brings back its 60s logo - and the 'divi' Group relaunches in bid to win shoppers back and hand out more than £100m to customers.
- These people claiming to be from the Postcode Lottery are fraudsters - and stupid ones TONY HETHERINGTON
- The best sports cars of 2016 From the Audi R8 to the Ford Mustang, Chris Evans picks his favourites
- Actor Adam Rickitt 'Coronation Street made me famous - but my dream was always to be mortgage-free'
- What are the best cars for a life of luxury? Chris Evans picks his favourites from a Rolls-Royce to BMW
- Competition chiefs are paid to protect us from overmighty firms But have FAILED, says challenger banking boss
- AA warns surging oil will push petrol above 110p a litre imminently Pump prices back on the rise.
- Rural communities with thriving High Streets are attracting homebuyers Like these five 'amenity-rich' villages...
- What next for mortgage rates: Record low deals on offer to homeowners but how long should you fix for?
- Our savings picks: This is Money's five favourite best buy cash Isas for 2016 We pick five top cash Isas for different sorts of savers.
STEVE WEBB ANSWERS YOUR PENSION QUESTIONS
- My state pension is just £80.42. Is this right?
- Can you use pension freedoms to blow your savings, then go on benefits?
- I've got many small pension pots - should I merge them?
- Should I buy top-ups or fill in missing NI years to boost state pension?'
- Are additional and deferred state pension increases 'triple locked'?
- I'm a nurse in the 40% tax bracket - am I getting too little pension tax relief?
- How do I find cheap financial advice about my pension?
- Can a divorcee claim her dead ex-husband's state pension?
- How to improve your pension IQ: If you're as puzzled about retirement savings as the Bank of England's chief...
- TONY HETHERINGTON: PPI claims firm made 2.5m cold calls... and one got you to part with £238
- Arrogance of the City giants involved in the £1 BHS buyout: MP's fury after firms send 'understudies' to a...
- Are driverless cars the road to cheaper motoring? The futuristic vehicles coming to a street near you –...
- Britain's most in-demand jobs revealed: Engineers, nurses, teachers and chefs in short supply - here's what...
- How TV's Nick is taking on the fraudsters: New campaign to protect older workers and the retired from being...
- Our data breach was awful... but the public trust us more: Now TalkTalk boss hopes they will listen to the...
- Holiday Britons defy French fuel strikes: Eurotunnel and Channel ferries report busy Bank Holiday with...
- Matchless revs up £5m bond: Bid to revive one of Britain's oldest motorcycle marques
- Blow to UK-based AgustaWestland as MoD prepares to buy 50 US-made Apache attack choppers after Boeing drops...
- Food giant behind Fox's biscuits, Goodfella's pizza and supermarket ready meals hit by strikes as staff...
- The money that's OK to launder: Plastic five-pound notes that stand up to being washed to be unveiled this...
- Tata's Scunthorpe steelworks sells to investment group Greybull Capital
- Craft beers to go: Independent brewers target coffee shops, restaurants and hotels
- 'EU's state aid rules put the brakes on Britain: As continental subsidies soar, car maker asks why can't we...
- Are driverless cars the road to cheaper motoring? The futuristic vehicles coming to a street near you – possibly as early as next year
- Blow to UK-based AgustaWestland as MoD prepares to buy 50 US-made Apache attack choppers after Boeing drops price to £425m
- What are you doing with pension freedoms? Take a 'personality' quiz and find out if you're being prudent or reckless with your retirement savings
- How to improve your pension IQ: If you're as puzzled about retirement savings as the Bank of England's chief economist, then you need this guide
- It’s as fast as a Lamborghini, as luxurious as a Jaguar and doesn't use a drop of petrol, but can a Tesla Model S get to Wales and back? We test it long-distance
- TONY HETHERINGTON: PPI claims firm made 2.5m cold calls... and one got you to part with £238
- Britons splash almost £18k on DIY as 70% prefer to buy a home in need of work (although a quarter never finish the job)
- Matchless revs up £5m bond: Bid to revive one of Britain's oldest motorcycle marques
- Our data breach was awful... but the public trust us more: Now TalkTalk boss hopes they will listen to the economic case for staying in Europe
- Can I keep the price off those websites that allow you to look up what homes have been sold for?
- In or out? Two of Dragons' Den's biggest stars roar into referendum debate... but can they convince you?
- Holiday Britons defy French fuel strikes: Eurotunnel and Channel ferries report busy Bank Holiday with bookings unaffected
- How TV's Nick is taking on the fraudsters: New campaign to protect older workers and the retired from being duped into making dodgy investments
- 'EU's state aid rules put the brakes on Britain: As continental subsidies soar, car maker asks why can't we do the same?
- Arrogance of the City giants involved in the £1 BHS buyout: MP's fury after firms send 'understudies' to a parliamentary hearing
- MOST READ IN DETAIL
START-UP SECRETS
- Jacqueline Gold's: I defied a board who said women didn't care about sex
- Apprentice winner Joseph Valente: 'People have to like you to back your idea'
- Dawn O'Porter: 'I had to make people understand I was not just some floozy off the telly'
- Former Dragon Hilary Devey: 'The bank manager was a misogynist, frankly. He patted me on the head, said I had no chance':
- Sarah Willingham: 'For a Dragon, it's about the individual more than the business'
- Charles Tyrwhitt'sNick Wheeler: 'I founded it with £100k profit from selling an Aston Martin'
- Aldo Zilli: 'My restaurant business wouldn't be standing if it weren't for Wham'
- Pimlico Plumbers' Charlie Mullins: 'Borrowing from the bank almost sent me bust'
- Sarah Beeny: 'You need to look for the next big thing, not the thing that's big now':
- City Superwoman Nicola Horlick: 'The one-word answer that would make me hire you'
MIDAS SHARE TIPS
- MIDAS SHARE TIPS: Watkin Jones is the 18th century firm with a very modern vision for student digs
- MIDAS SHARE TIPS UPDATE: 3i Infrastructure was designed to pay for sizeable investments and leave some money on table for future deals
- MIDAS SHARE TIPS: GP property firm Assura offers long-term shot in the arm
- MIDAS SHARE TIPS UPDATE: Our off-licence tip Conviviality Retail is the toast of the City as it seeks to grow
- MIDAS SHARE TIPS: Moving home? How website ULS Technology can help ease legal headache
- MIDAS SHARE TIPS UPDATE: Our software tip Ideagen is a picture of health as shares rise 54%
- MIDAS SHARE TIPS: £950m sales at newspaper and magazine distributor Connect - now that's a good story
- MIDAS SHARE TIPS: How electric cars will help to boost Bacanora's lithium mine
- MIDAS SHARE TIPS UPDATE: Our tip Senior has a bumpy ride, but sales are poised to take off
- MIDAS SHARE TIPS: Book a bargain with Safestay as property tycoon turns to luxury hostels
- MIDAS SHARE TIPS UPDATE: Our tip Travis Perkins is poised to build on solid foundations
- MIDAS SHARE TIPS: How friends in high places could help crane hire group Lavendon rise above the rest
FUND AND TRUST IDEAS
- MAN GLG CONTINENTAL EUROPEAN GROWTH: Survivor Powe shows he's still the Man as fund returns growth of 40%
- BLACKROCK SMALLER COMPANIES: Brighton rocks for the trust that likes to think small
- JP MORGAN GLOBAL EMERGING MARKETS INCOME TRUST: Omar steers fund through Mario's emerging markets 'morass'
- LAW DEBENTURE: Global trust with a split personality proves popular among investors looking for both income and capital growth
- LEGG MASON JAPAN EQUITY FUND: Hideo, 72, is helping to keep the 'New Japan' in rude health
- FRANKLIN UK RISING DIVIDENDS: 'Rising' star Colin looks to the US for a new formula
- BAILLIE GIFFORD GLOBAL DISCOVERY: EU vote? US election? No, I'm focusing on real winners...
- BLACKROCK GOLD AND GENERAL FUND: Gold's looking brighter... but you still need nerves of steel
- JPMORGAN US EQUITY INCOME: How the American 'Aristocrats' are boosting dividend income
- INVESCO PERPETUAL UK GROWTH: Contrarian manager loads up on deeply unloved blue chip oil and bank stocks
- FOREIGN & COLONIAL: Buffer pays off as Britain's oldest trust delivers its 45th consecutive annual dividend rise
- CRUX EUROPEAN SPECIAL SITUATIONS: With 'skin in the game', City scion Pease focuses on search for quality
- JUPITER ASIAN INCOME: The garden's tended... now Jason Pidcock aims for stars
- TROY INCOME & GROWTH: Going is good for trust named after a racehorse that's risen while the market falls
Latest: Mortgages & home
- Can I keep the price off those websites that allow you to look up what homes have been sold for?
- Property bubble WILL burst when rates rise warns forecaster as it finds house prices are now 6.1 times average earnings - near to pre-crash peak of 6.4
- Britons splash almost £18k on DIY as 70% prefer to buy a home in need of work (although a quarter never finish the job)
- Mortgage price war sees launch of cheapest home loan on the market at 1.14% - but you'll need a 35% deposit and £1,345 for the fee
- Housebuilding slows down at the start of the year - but North and South East see a surge in construction activity
- Living near a primary school rated 'outstanding' by Ofsted adds almost £44k to house prices
- Mortgage that transfers wealth to your children? Nationwide hints it will let parents unlock equity to help the young buy a home
- 'Trouble in paradise': National estate agency boss warns of big slump in buyers after buy-to-let rush and that house prices have hit a ceiling
- Find out how much rent your spare room could make you - and it's not London seeing the fastest rises...
Latest from Saving & banking
- TalkTalk customer scammed out of more than £3k after fraudsters target her with compensation overpayment trick
- Bank customers could be forced to foot bill for fraud on their accounts in future if they have lax online security
- Beware rip-off charges for drifting into the red: Banks being allowed to set their own fees after watchdog refuses to impose a cap
- New blizzard of rate cuts to hit accounts with banks and building societies following each other in a downward spiral
- Big banks holding on to YOUR cash by refusing to make their Isas 'flexible' despite new government rules
- Metro Bank to increase transaction fees for customers using cards overseas in order to keep them free in Europe
- New Nationwide boss warns on harsh mortgage competition but profits jump again to hit £1.34billion
- Should you ditch the banks and their low savings rates? Why people are flocking to peer-to-peer and how it works
- Fight back against the banks: Your guide to the rules of switching and where to find the best current accounts - some will even give you free money!
- Looking for a better bank? This is Money's five of the best current accounts
ANSWERS FROM THE Experts
- TONY HETHERINGTON: PPI claims firm made 2.5m cold calls... and one got you to part with £238
- ASK TONY: Nationwide owes me £4,750 after I bought a faulty VW Golf – but it won't pay out
- TONY HETHERINGTON: These people claiming to be from the Postcode Lottery are fraudsters - and stupid ones
- I want to borrow some money against my home but I'm past the state retirement age - can I still get a mortgage?
- ASK TONY: Expedia said the flight I booked was full, so I cancelled it – but now it won't refund my £630
- TONY HETHERINGTON: Pension 'freedom' with a sting in the tail from taxman
- I’m living in fear of bailiffs over my last tenant’s £3,668 British Gas bill, can you help?
- My favourite clothes get eaten by moths every spring: I have tried lots of deterrents and treatments but nothing works! What can I do to get rid of moth infestations?
- ASK TONY: I made just £20 pet-sitting – now HMRC is hounding me for £100 over a late tax return
- TONY HETHERINGTON: Miss Wisdom, the Canary Wharf 'whizzkid'... and missing £7,000
Latest from Holidays
- I booked a discounted Florida villa to take my grandkids to Disney but Thomas Cook charged us £984 in under-occupancy fees
- So how much should you tip on holiday? It's a minefield... but our definitive guide will save you any embarrassment
- Britons will spend an average of £1,300 on their summer holiday - but PM claims that Brexit could add another £230 to the cost
- Travel insurance: How to get the cheapest quotes and best cover
- Ryanair revolt takes off as more than 5,000 disgruntled customers join court case against rip-off admin fees
- From cheaper parking to better value travel insurance: How to save money BEFORE your plane has even taken off
- The school holiday rip-off laid bare: Families face paying DOUBLE for package trips after schools close
- Passengers fight Ryanair to win back rip-off fees for printing off boarding passes at the airport
- Uncovered: Insurance deals through 'packaged' bank accounts could leave you out on a limb
Currency | Rate | Buy now |
---|---|---|
Updated 29 May 2016. | ||
Euro | 1.2881 | Buy Now |
US Dollar | 1.4342 | Buy Now |
Australian Dollar | 1.9754 | Buy Now |
Canadian Dollar | 1.8631 | Buy Now |
Chinese Yuan | 9.2347 | Buy Now |
Croatian Kuna | 9.4776 | Buy Now |
Czech Koruna | 34.399 | Buy Now |
Danish Krone | 9.4379 | Buy Now |
Egyptian Pound | 11.331 | Buy Now |
Hong Kong Dollar | 11.07 | Buy Now |
Hungarian Forint | 396.02 | Buy Now |
Israeli New Shekel | 5.3633 | Buy Now |
Japanese Yen | 157.42 | Buy Now |
Malaysian Ringgit | 6.2624 | Buy Now |
New Turkish Lire | 4.16 | Buy Now |
New Zealand Dollar | 2.1222 | Buy Now |
Norwegian Krone | 11.773 | Buy Now |
Polish Zloty | 5.5661 | Buy Now |
Singapore Dollar | 1.9622 | Buy Now |
South African Rand | 22.208 | Buy Now |
Sterling | 1.0 | Buy Now |
Swedish Krona | 11.753 | Buy Now |
Swiss Franc | 1.4153 | Buy Now |
Thai Baht | 50.379 | Buy Now |
UAE Dirham | 5.25 | Buy Now |
LATEST ON HOUSEHOLD Bills
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- Music and theatre tickets are still being sold unlawfully on some secondary websites, claims Which? investigation
- Energy bills: Could you cut your fuel costs by switching to the best deals?
- What can you do to beat the nuisance call menace? As it's revealed nearly half of all phone calls are spam, we deliver tips to tackle it
- 'I don't want to spend hours comparing deals': New soldier-led energy supplier takes on Big Six with 'military efficiency' - and it is easy to switch
- The couple being charged £12k a year by Bupa for health insurance... even though they've no serious illnesses and have been customers for 30 years
- How an energy bill bungle almost cost Strictly's star Anya Garnis her dream home after sparking a credit rating nightmare
- BT customers being forced to keep paying their bills when their phone or broadband goes down
Latest from Cards & loans
- Heading on holiday and fancy having more to spend? Pick up one of the best debit and credit cards to help you avoid overseas fees
- Play your cards right: The best credit cards for spending, holidays, rewards or clearing your debts
- Borrow interest-free for three-and-a-half years! The best balance transfer credit cards to help clear your debts
- Can you be put on a 'credit blacklist'? Four widespread credit rating misunderstandings - and how to check your score for free
- AA Bank offers market-beating two years to clear debts with no-fee balance transfer credit card
- Almost half of 0% credit card borrowers fail to clear the balance before deals expire and end up paying £267
- Fed up of short-lived sign-up deals and crafty interest hikes? Here's our pick of the five best low-rate credit cards
- Number of Britons going into 'bankruptcy light' rises 8.2% following government widening eligibility criteria
- Borrowers pour £320 down the drain by failing to shop around for the cheapest loans - and car buyers waste £200 more
Latest from Investing
- SUNDAY NEWSPAPER SHARE TIPS: FairFX, Flybe and United Utilities
- BATTLE AGAINST CANCER INVESTMENT TRUST: Charitable trust that combines making money with saving lives
- MIDAS SHARE TIPS: Cheap currency for holidaymakers makes forex firm FairFX a buy for the long haul
- MIDAS SHARE TIPS: Our festival food tip Acal cools in global downturn… but growth prospects remain strong
- He's lost £200m in a year - so has Britain's star hedge fund boss Crispin Odey lost his golden touch?
- The investment trusts that pay the highest income revealed: These 19 trusts yield more than 4% - and one pays 9.4%!
- Investing Show: Tips to build an investment portfolio - and should we worry about Brexit or deflation?
- Housebuilders' spectacular returns still have further to go, just look at the lagging price of land, says UK fund manager
- SMALL CAP IDEAS: Pharmaceutical stocks to benefit from O'Neill's findings on superbug resistance
THE INVESTING SHOW
- Investing Show: Tips to build an investment portfolio - and should we worry about Brexit or deflation?
- Investing Show: Mergers, market crashes and a dividend hero's favourite shares
- Investing Show: Could a smart beta tracker improve your investments?
- Investing Show: How to spot the dividend stars of the future
- Investing Show: Top bank shares and how to pick the best funds
- Investing Show: Tim Price says buy Japan - 'the standout value opportunity'
- Should investors be worried or ride out the stock market storm?
- How to avoid problem shares... so you can pick the winners
- Is now the time to get into Asia and emerging markets? The best places in the world to invest...
- Best oil and bank shares - and an investment trust manager's tips to invest for retirement income
- Reliable big dividend shares and the best emerging markets
- How to invest in bonds safely and dodge the traps
- Ten dividend shares for the next five years
- Five important questions for investors | Why Asia is the world's best opportunity
Latest: money and Cars
- Are driverless cars the road to cheaper motoring? The futuristic vehicles coming to a street near you – possibly as early as next year
- Who wins out of these feisty five-door warm hatchbacks? Ford Focus, Mazda 3, Seat Leon and Vauxhall Astra face-off
- It’s as fast as a Lamborghini, as luxurious as a Jaguar and doesn't use a drop of petrol, but can a Tesla Model S get to Wales and back? We test it long-distance
- Top Gear's Chris Evans reveals his five 'best of British' cars... with some extreme choices for the road and exclusives you can't buy
- Pass Plus for Premier League players: The new driving course for footballers to stop them crashing their supercars
- Where to drive a hard bargain: Ten of Britain's favourite cars that dealers offer the biggest discounts on - and you can save up to 28%
- A hamster, a hand and a sex toy: Kwik Fit mechanics list the 10 weirdest items they've found while repairing cars
- Road casualty figures are on the rise but there are 27% fewer traffic police than in 2010, reveals RAC
- A great British sports car: Lotus Elise voted best car to drive in Autocar awards, with Jaguar XE and new 4x4 Bentley also hailed as game-changers
- UK vehicle production rises again for the ninth month in a row - but Britons are buying fewer home-built cars
Latest from Markets
- Blow to UK-based AgustaWestland as MoD prepares to buy 50 US-made Apache attack choppers after Boeing drops price to £425m
- Craft beers to go: Independent brewers target coffee shops, restaurants and hotels
- Matchless revs up £5m bond: Bid to revive one of Britain's oldest motorcycle marques
- Food giant behind Fox's biscuits, Goodfella's pizza and supermarket ready meals hit by strikes as staff battle pay cuts
- Holiday Britons defy French fuel strikes: Eurotunnel and Channel ferries report busy Bank Holiday with bookings unaffected
- Tata's Scunthorpe steelworks sells to investment group Greybull Capital
- 60 SECONDS WITH: Jeremy Schwartz, chief executive, of The Body Shop
- FTSE CLOSE: Footsie finishes week on a high as traders calm down about possible Fed rate hike; oil price nudges $49
- FTSE CLOSE: Footsie slides after Brexit warning from the Treasury and a cautious start to the week on Wall Street
- Flagship store of collapsed tailor Austin Reed up for sale as Mike Ashley's interest cools off
TOP CALCULATORS
- This is Money's calculators and tools All our calculators in one place. See how they could help you
- Historic inflation: how the value of money has changed The effects of inflation since 1900 and what past prices mean today
- True cost mortgage tool - rates AND fees Compare the cost of rival fixed and tracker rate mortgages
- Mortgage affordability: How much you can borrow Find out how much you can afford to borrow and the difference between repayment and interest-only
- Monthly or lump sum savings calculator How much a regular monthly savings scheme could make or a lump sum could be worth.