Up to 900,000 savers face a tax nightmare as NS&I; three-year pensioner bonds come to an end. Deals were sold from January 15, 2015, to May 15, 2015, and were popular for their 4 per cent interest rate on up to £10,000. But the tax quirks on this 'simple' account are complex.
My husband died in December. He was 74, I am 70, and we were married for 54 years. I'd set up a SunLife Over 50 plan for him and, over the years, it contacted me to increase my premiums. I am now registered blind, so one of my sons called SunLife, which confirmed £4,500 would be paid out - the same sum mentioned in a letter I'd received several months previously.
FTSE CLOSE: Lloyds hails 'landmark year' as profits jump 24% to a record £5.3bn; AA cuts its earnings forecasts
Profits rose a huge 24 per cent at Lloyds Bank last year marking a new record for the group which has now returned to the private sector. The FTSE 100 closed up 34.80 points at 7281.57, as investors mull Bank of England governor Mark Carney's interest rate expectations. French and German markets were mixed, while the Dow Jones was up 129.1 points at 25,093.9 in early trading. Brent crude was at $65.28 and the pound was at $1.39.
My mum was 'contracted out' by the NHS - did this help her pension and where did her money go? Steve Webb replies
What was the benefit of contracting out? And where did my mother's contributions go - did they go into the final salary scheme? If so then this wouldn't have made a difference to her pension as it was based on her final salary. Why does the Government make a deduction for the period she was contracted out from her state pension?
I saw someone have their credit card nicked at the weekend - this is what I learned, says Rachel Rickard Straus
Walking down the high street with friends on Saturday, we heard an elderly gentleman at a cash machine shout: 'My card! They've taken my card!' After stopping to help him, we spent the next few hours helping him to cancel his card and speaking to the police - who told us of the latest scams plighting the country's streets. It made me realise that there's more to protecting yourself from scammers than simply learning their latest ploys.
Is your car safe? One in 13 used cars has an outstanding safety recall that could see you fined £2,500 - here's how to check yours
The DVSA said 87,000 of the 1.14 million vehicles ran through its system in 2017 had an safety recall that hadn't been actioned. Failure to have one of these issues resolved could not only put the driver, their passengers and other road users at risk but also land the keeper with a hefty penalty of up to £2,500 and three points on their licence in the most serious cases.
Optimistic sellers raise asking prices by more than £2,400 in a month - but it's taking longer to sell homes
Rightmove said the figures suggested the market remained resilient, although this rate of growth was 'well below' the 1.6 per cent monthly average at this time of year over the last ten years. The website said all regions saw price rises between January and February, except for a marginal fall in the South West, where prices dropped by £131.
Four new Beatrix Potter 50p coins will hop into our change this year - and one minted last year sells at 20 times face value
Four new Beatrix Potter coins will enter circulation this year adding to the eight that have been released in 2016 and 2017. The four coins will feature Peter Rabbit, Flopsy Bunny, Mrs Tittlemouse and a helpful mouse from The Tailor of Gloucester. Interest in the coins in recent years have seen many Britons attempt to collect the set.
Holiday Inn owner Intercontinental plans a classier budget chain with gyms and free snacks and drinks
As part of a growth plan, the hotels company will launch its Avid brand internationally, with the first site opening in Oklahoma City in the US later this year. IHG, which also owns Holiday Inn and Crowne Plaza, said the hotels will be aimed at business and leisure travellers with pricing at the 'upper end of budget'.
How to invest in biotech and get a 4% dividend from the future of medicine: Top manager on the Investing Show
Biotechnology is an exciting industry, where technology creates medicine tailored to individuals. We interview Carl Harald Janson, the manager of International Biotechnology Trust and a qualified medical doctor. He explains what biotechnology is, how it works and what he looks for when investing in companies that could change healthcare over the next decades.
I've received an email from ADVFN offering an investment bond from Apex Algorithms yielding 16% a year - is it too good to be true? TONY HETHERINGTON investigates
I have received an email from ADVFN that offers an investment bond yielding 16 per cent a year. The bond is from a company called Apex Algorithms that has been managing funds for at least seven years. The investment looks safe as it is secured against assets, just like a mortgage, but this leaves me wondering why the yield is as high as 16 per cent. Have you heard anything about this?
How to get Britain a pay rise - and why raising interest rates can make us richer: The This is Money podcast
Rising rates are often painted as bad news but for many a world in which they go up will look more enjoyable. What would be even more pleasurable is being paid more, so is Britain finally about to break out of its money's too tight to mention phase and get a pay rise? We discuss what we can do about it and how to look on the bright side of rising interest rates.
'We can pay but no one would lend us enough': Locked out of a mortgage? Here's how to make sure the computer says YES!
Mortgages may currently be cheap, but it will not be long before rates start climbing. While this spells bad news for many homeowners, it represents a double whammy for those borrowers who do not meet standard lending criteria. Being newly qualified or near retirement can make you a 'mortgage misfit'...but don't worry, the good news is that there are lenders prepared to take on borrowers who are not quite the norm. There are also steps you can take to improve your chance of getting accepted for a home loan.
THIS IS MONEY'S FIVE OF THE BEST SAVINGS DEALS
Aldermore pays 1.65% interest on its two-year fixed rate Isa account. Interest can be payed monthly or yearly. It requires a minimum deposit of £1,000.
The AA pays a top rate of 1.16% AER on its easy access Isa account. The account comes with a 12-month 0.96% rate bonus so remember to find a better account before the rate drops. Minimum deposit is £100.
Ford Money pays 1.85% AER interest on its 18-month fixed rate savings account. The minimum deposit is £500. The bank has a Best Rate Guarantee which means that if it raises rates before you make your first deposit it will increase yours too.
Atom Bank pays a top rate of 1.95% AER fixed interest on its one-year Fixed saver which lasts for 12 months. The account requires a minimum balance of £50. Accounts are managed via the challenger's smartphone app.
RCI Bank pays 1.3% AER variable interest on its easy access deal. Deposits in its Freedom Savings Account have no FSCS protection, but you are covered for up to €100,000 by the French equivalent (FGDR).
Where in the world to make your pound stretch further and get some serious winter sun as the Dominican Republic leads the currency pack for British holidaymakers
With destinations around the world seeing their currencies fall, you can make your pound stretch further this winter in top jet-set locations like Costa Rica and the Dominican Republic. New figures by Post Office Travel Money show that the pound is up against 80 per cent of the UK's top 14 overseas holiday currencies. But, for those looking for a short-haul trip to Europe, the picture looks 'patchier' and your pound won't stretch as far than a year ago.
'I lost two job offers because of a mark on my file I didn't even know about': How a marker after a failed mortgage application left one jobseeker with 'DO NOT EMPLOY'
The black mark had been put on his records following a failed mortgage application a year earlier. It only came to light after the reader failed background checks for two jobs, leaving him unemployed and in the dark about what was being held against him. The case raises real questions about what information is held about Britons without their knowledge, and their ability to contest it.
THIS IS MONEY'S FIVE OF THE BEST CURRENT ACCOUNTS
TSB's Classic Plus account will pay you 3% interest on up to £1,500 and up to £10-a-month if you maintain two direct debits and make 20 debit card payments each month (until December 2018). You must pay in £500 a month.
First Direct regularly tops polls for customer service. Its First Account offers £125 for joining and has a £250 interest-free overdraft. It also now pays cashback for spending with certain retailers. You must pay in £1,000 or pay a £10 monthly fee.
Santander's 123 account pays 1.5% interest on balances up to £20,000 and also gives 1 to 3% cashback on bills. You need to pay a £5 a month fee, pay in £500 a month and have two active direct debits.
Halifax pays £125 cash if you switch to the bank. Plus you get a £3 monthly cash boost with its Reward Account. Requires a £750 per month deposit and two active direct debits.
M&S; Bank's current account has a £125 gift card for joining, plus you get an extra £5 a month top up for the year. It has a £100 fee-free overdraft and no miniumum deposit criteria.
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.
The amount you can save into a pension ultimately depends on what you can afford - but the longer you leave it the more you will need to save. We tend to put ambitious targets on our hoped-for income in retirement and then underestimate how much we will need to set aside to achieve that. So how much should you save?
Borrowers are being offered a raft of cheap fixed rate mortgages as lenders attempt to lure them into remortgaging or buying a home. But HSBC has decided to buck the trend and launch a new rate mortgage that is a tracker instead. We pick out the best fixed and tracker rate mortgages and look at what next for rates.
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
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|Updated 21 Feb 2018.|
|US Dollar||1.368||Buy Now|
|Australian Dollar||1.736||Buy Now|
|Canadian Dollar||1.723||Buy Now|
|Chinese Yuan||8.545||Buy Now|
|Croatian Kuna||8.181||Buy Now|
|Czech Koruna||27.89||Buy Now|
|Danish Krone||8.271||Buy Now|
|Egyptian Pound||16.27||Buy Now|
|Hong Kong Dollar||10.65||Buy Now|
|Hungarian Forint||342.5||Buy Now|
|Icelandic KrÃ³na||131.5||Buy Now|
|Israeli New Shekel||4.696||Buy Now|
|Japanese Yen||146.6||Buy Now|
|Malaysian Ringgit||6.2624||Buy Now|
|Mexican Peso||24.98||Buy Now|
|New Turkish Lire||5.071||Buy Now|
|New Zealand Dollar||1.856||Buy Now|
|Norwegian Krone||10.67||Buy Now|
|Polish Zloty||4.569||Buy Now|
|Singapore Dollar||1.796||Buy Now|
|South African Rand||15.94||Buy Now|
|Swedish Krona||11.0||Buy Now|
|Swiss Franc||1.279||Buy Now|
|Thai Baht||42.77||Buy Now|
|UAE Dirham||5.011||Buy Now|