It's the million-pound question: how much is enough when it comes to saving for retirement? According to official figures, four in ten of us are underestimating what we need to set aside. Half of the 12 million workers 'under-saving' earn at least £34,500 a year, according to a Government study of its flagship workplace pension scheme.
DON'T MISS
- 'I paid £300 for pots and pans I was told were worth four times that' Warning over 'Swiss' cookware scam.
- Can I take my 25% tax-free lump sum from one pension pot and leave my other alone for later? Steve Webb finds the answer.
- Haven't had a job interview for a long time and feel lost? Here's some top tips to get back in the game - and how they've changed in recent years.
- The professions that have the most car accidents revealed Financial advisers, cabin crew and letting agents in top ten.
- New online mortgage broker Nuvo launches in Facebook messenger We take a look.
- Congestion charge fines to be hiked to £160 in London next year, TfL reveals... - and bus lane, yellow box and parking penalties will follow.
- My 89-year-old widowed mother is in the British Steel pension scheme - what should she do?
- 'Cold caller pestered me into buying £6K of shares in Paragon Time Trading' TONY HETHERINGTON on the 'Netflix of watches' and its boiler room scam.
- Investor could be in line for ONE BILLION euros from UK insurer Frenchman claims Aviva faces huge losses over 'golden ticket' deals.
- From £3,500 for a Scalextric to £8,000 for a Barbie Classic toys that can be worth a fortune
- Stop the costly text pests who even prey on children Pressure mounts for clampdown on 'unscrupulous' firms.
- This is Money's five favourite best buy cash Isas Our savings picks
- How to give the gift of an experience for Christmas: A spa day, tour or meal is good value (and a lot of fun)
- We turned our idea of bringing Santa and Lapland to Britain into a £5m-a-year business
- What you need to know about your Christmas shopping and refunds How loopholes can let you down
- TV property expert held in Nigeria after our probe Adeyemi Edun is understood to have been detained on Wednesday.
SAVE MONEY, MAKE MONEY: OUR TIPS TO GET RICHER
- This is Money's five favourite best buy cash Isas
- 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
BUSINESS & MARKETS
MARKET REPORT: Online clothing retailer Koovs falls out of fashion as shares dive 42.6% after sales warning
Koovs said it has significantly cut its marketing to address ongoing funding requirements and sales in 2018 will be affected as a result. It added that any additional marketing spend will depend on the closure of its funding programme, which it announced back in July. At the time it said it would raise £18.9m to invest in ramping up its brand awareness – but has currently raised just £8.9m of the total.
MONEY NEWS & ADVICE
Has Santa been upstaged by Trump? Rapid climb in markets is more to do with US tax cuts than the annual Christmas boost
The so-called Santa rally refers to the weeks before and immediately after Christmas during which shares have a tendency to collectively climb more than at other times of year. According to numbers run by investment director at Architas, Adrian Lowcock, since 1984 the FTSE 100, excluding dividends, has risen by an average of 2.5% during December. The index has only fallen six times out of 33 during December.
Where can you get on the property ladder with a £6,897 deposit? We reveal the UK's Help to Buy hotspots
Helping first-time buyers get a leg up onto the property ladder is considered a priority but high house prices mean it remains a pipe dream for many. However, there are still a few pockets in the UK where it's possible to buy after saving a relatively small deposit. Totally Money identified 10 hotspots for buyers using Help to Buy.
Revealed: The towns where property asking prices are being slashed - with sellers cutting by an average of £25,000
Some 35.3 per cent of homes on sale had their asking price reduced in November, said Zoopla, with the average discount rising to £25,562. And reflecting the struggling property market in London and the South East, the biggest reductions were found there, with commuter belt towns of Camberley, Kingston-upon-Thames, Watford and Mitcham, taking four of the top five spots for discounts.
Can I take my 25% tax-free lump sum from one pension pot and leave my other alone for later? Steve Webb replies
I am self-employed and have two separate private pensions predicted to be worth £130k and £80k by 2022. I plan to retire when I am 62 years old. I would like to know whether I can take 25% drawdown on the first pot when I am 62 and delay the drawdown of the same amount of the second pot until I am 65.
THIS IS MONEY'S FIVE OF THE BEST SAVINGS DEALS
Virgin Money pays 1.41% interest on its one-year fixed rate cash Isa. The account can only be opened online and has a minimum deposit of £1.
Atom Bank pays a best-buy 1.85% AER on its one-year fixed term deposit account. The account is operated online or via its smartphone app. Minimum deposit is £50.
Virgin Money pays 1.36% AER variable interest on its easy access double take e-saver. The minimum deposit is £1.
Al Rayan Bank pays 2.17% AER fixed interest if you lock your cash away for three years. The account has a minimum deposit of £1,000 and the interest is payable after the three year term.
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).
You'd never get stranded in winter if you owned this: Kahn Design reveals its new SIX-WHEELED Land Rover Defender Flying Huntsman convertible
It's the latest creation by London-based Land Rover and Range Rover customiser Kahn Designs and it laughs in the face of ice, snow and just about everything you'd encounter on and off road. Called the Flying Huntsman 110 6x6 Double Cab Pickup Soft-Top, it takes an iconic Land Rover Defender, adds two more wheels and a folding fabric roof to create a go-anywhere offroader with six wheels and a six-figure asking price.
From £3,500 for a Scalextric to £8,000 for a Barbie: Classic toys that can be worth a fortune
The most famous slot car racing brand is British company Scalextric which is celebrating its 60th anniversary after being unveiled at the Harrogate Toy Fair in 1957. Its earliest cars were sturdy tin-plated vehicles that raced around rubber tracks and were powered by batteries hidden in a cardboard hut. Slot car racing fan Mike Harvey (pictured) has built his own 97ft racetrack
MORE BUSINESS & MARKETS NEWS
GoCompare buys MyVoucherCodes for £36.5m in 'mission to help people everywhere save time and money'
Price comparison website group GoCompare is buying the parent company of discount site MyVoucherCodes in a £36.5million deal. GoCompare said that the tie-up would boost its mission to 'help people everywhere save time and money', while upping its cross-selling opportunities. MyVoucherCodes is one of the country's biggest online voucher code websites with eight million e-mail subscribers and around 45 million visits a year.
YOUR MONEY ESSENTIALS
How to give the gift of an experience for Christmas: A spa day, tour or membership is good value (and a lot of fun)
For anyone who wants to give family and friends a British experience that represents value for money, we have come up with some alternative present ideas. Gift days out, experiences and memberships, with the added bonus they are easy to wrap (in an envelope) and can be sent in the post for the price of a first-class stamp.
Dragons' Den judge Deborah Meaden admits she is hesitating over decisions because of Brexit uncertainty
Meaden told of a board meeting at one of her businesses, Somerset-based cloth merchant Fox Brothers, which has held back on a plan to expand into a new factory. 'I found myself saying, and I hated myself for it: "Oh, there might be too many uncertainties at the moment."' She said of Brexit: 'It's been going on a little bit too long...I'd like to know what we're dealing with now. The complications trading outside of the EU are vast, and they're ever-moving parts.'
100-year-old trusts that still make top returns: Golden oldies trump their rivals with up to 70% over three years
With Christmas fast-approaching, shoppers are rushing out to buy the latest gizmos and gadgets, but when it comes to investing it could be the oldest products that are the best. Investment trusts that are 100 years old or more are producing bumper returns for investors who have realised the value of these golden oldies.
Do you live in one of the 50 best places in Britain? Hart in Hampshire tops the list and the Orkney Islands win second place
The district of Hart, which includes the town of Fleet, is named the best place to live after scoring highly on factors including health and life expectancy, earnings crime rates and weather. Southern England dominates the annual top 50 list published by Halifax, securing 35 of the 50 places - with 17 in the South East, nine in the East of England, five in the South West and four in London.
The most-viewed properties for sale in 2017 revealed - including a £150k former church and a ten-bed detached London house costing £30m
The most viewed properties for sale this year range from a five-bed former church in West Yorkshire for £150k to a 10-bed house in London for almost £30million. They include an eight-bedroom detached house in London's fashionable Primrose Hill (pictured top centre) which boasts a wine cellar and bar, an emerald green cinema room and a dedicated massage room.
The Wheeler Dealers' tips for spotting a classic car that will rise in value: TV stars Mike Brewer and Ant Anstead reveal what you should look out for
If you're fortunate enough to own a rare Ferrari, a limited edition Lamborghini or an Aston Martin used in a Bond film you're guaranteed to be quids in. But what about the unlikely treasure troves? The Wheeler Dealer hosts - Ant Anstead (left) and Mike Brewer (right) - tell us what to look out for ahead of their new series premiering on UK TV on New Year's Day. Cars clockwise from top right: Ford Sierra RS Cosworth, Series 1 Land Rover, Peugeot 205 GTI, Audi Quattro.
Millions of Britons suffer 'mid-life savings crisis' in run-up to retirement, with many having no clue how much they need
Nearly a fifth of workers in their 50s and 60s are going through a 'mid-life savings crisis' in the run up to their retirement. Eighteen per cent of workers in this age group are unable to save anything for their retirement, as the cost of living continues to rise and wage growth stumbles. While some can't save anything at all for their older years, 64 per cent of people in their 50s are not seeing their pension savings rise during these crucial years.
MINOR INVESTOR: The easy route to passive investing and some funds to use
A lot has been written about passive investing, its simplicity and its merits but just how simple can you make it? The problem is that while it likes to promote its simplicity, passive investing can be confusing and acronym heavy. It's no wonder people prefer active funds that describe better what they do.
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 June 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.
Nationwide pays 5% interest on the first £2,500 in your Flex Direct account for the first year. Plus you get a fee-free overdraft for 12 months. Requires a £1,000 per month deposit.
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.
GUIDES: HOW TO SAVE MONEY AND MAKE MONEY
WHAT YOU NEED TO KNOW ABOUT 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.
How much money do I need to save for my pension? A quick guide to retirement saving...
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?
What next for interest rates? Bank of England raises base rate back to 0.5%
The Bank of England has raised the base rate back to 0.5 per cent. The move up from 0.25 per cent is accompanied by an Inflation Report, which will outline where the bank sees things moving next. Expectations are that rates will not move up swiftly after this first rise, This is Money will bring you the details of the Inflation report and analysis imminently.
What next for mortgage rates: Should you lock in to a cheap fix now?
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.
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
ABOUT THIS IS MONEY
BASE RATE RISE: TOP SAVING RATES
Provider
Rates
Axis Bank
2.05%
2yr fix
Coventry
3.50%
Junior Isa
Bank of Cyprus
1.25%
Standard
Atom Bank
1.85%
1yr fix
See full best buy tables
Premium Bonds winners
Prize value | Winning bond No. | Area |
---|---|---|
£1,000,000 | 60PV693631 | Cornwall |
£1,000,000 | 273WE102226 | Kent |
£100,000 | 35RR629565 | West Sussex |
£100,000 | 299ET677431 | Cumbria |
£100,000 | 251QM976219 | Avon |
£100,000 | 155MW909384 | North East Scotland |
£50,000 | 80JH932161 | London |
£50,000 | 72CY368436 | Oxfordshire |
£50,000 | 303YS939445 | Essex |
£50,000 | 270VD138656 | Buckinghamshire |
£50,000 | 250PF153091 | London |
be a successful investor
THE INVESTING SHOW
- How investing like Buffett in the UK paid off: The Buffettologist's guide to winning shares
- What if it happens again? How investors can learn from Black Monday and other crashes
- You get 30% tax relief and tax-free dividends but should you invest in a VCT?
- How to profit from technology and hunt for the next consumer stars like Fever-Tree
- 'Be fearful when others are greedy and greedy when others are fearful', said Warren Buffett. Which should investors be right now?
- As house prices slow and tax hikes bite, is buy-to-let still worth doing?
- How to invest and achieve long-term returns that beat inflation and low savings rates
- 'Private investors have an advantage': Gervais Williams's tips to pick the best small company shares
- Britain is leaving the EU, but should Brexit-hit investors go the other way?
- Are stockmarkets too expensive to invest right now?
- Should you invest in India? We ask the manager whose fund is up 40% in a year what all the fuss is about
- Is it time to invest in Europe? It's not fixed yet, warns Tom Becket
- Tips to choose the best funds for your Isa
- Can you profit from the growing Chinese middle-class? We meet Fidelity China Special Situations manager Dale Nicholls
MOST READ MONEY
- Annual cost of owning a dog is £1,700 (and only if it's well-behaved) Here is how costs such as vets' bills, boarding fees and grooming all mount up.
- Embrace the march of the robots They are more likely to make us richer than redundant, says RUTH SUNDERLAND
- The Wheeler Dealers' tips for spotting a classic car that will rise in value What you should look out for
- Pension victory for all! Campaigning... it's the heart of what we do, says JEFF PRESTRIDGE
- SUNDAY NEWSPAPER SHARE TIPS Biffa, Carpetright and WH Smith
- I owned a home briefly years ago, do I qualify as a first-time buyer to avoid stamp duty - and how would I get caught out?
- 100-year-old trusts that still make top returns Golden oldies trump their rivals with up to 70% over three years
- Do you live in one of the 50 best places in Britain? Hart in Hampshire tops the list and the Orkney Islands win second place
- The easy route to passive investing and some simple funds to use MINOR INVESTOR
- The supermarket Christmas taste and value test (plus inflation, rates and house prices) Listen to the This is Money podcast
- Bank of England leaves interest rates unchanged at 0.5% Says inflation should start easing next year
- Laundry firms fined by Competition and Markets Authority over secret deal to divide the UK market between them
- Customers won't pay £1,000 for a new iPhone, moans Carphone Warehouse Sales fall
- What do British manufacturers sell most of? Motor vehicles, aircraft and drugs are kings
- Will it REALLY improve my retirement if I increase my pension contributions by 1% - Or should I just enjoy the money now?
- You CAN share your online banking passwords with budgeting apps, says watchdog
- The 14 essentials you should carry in your car for ice and snow Be prepared next time
- Why do you still have to pay insurance if your car's written off? Ray, 78, had to fork out almost £1,145 AFTER his Volvo was scrapped.
- O2 said I could cut my monthly phone bill from £19 to £17 by switching to a new tariff - but it soared to £700! ASK TONY.
- How long will your Christmas gift cards last? From John Lewis to Argos, we reveal the expiry date lottery.
- HMRC traps Indian restaurant owner for tax evasion after taxmen ordered curries and counted customers
- Chapel Down raises funds to buy more vineyards and launch gin, vodka and beer brands English winemaker's £19m boost.
- British Steel pension furore grows as MPs scold financial watchdog and two firms are no shows at hearing
- Security minister says technology already exists for banks to track down stolen cash There will be no excuse for fobbing off fraud victims.
- Lifetime Isa blow to young savers as ministers fail to convince banks to offer cash accounts to under-40s
- Need to boost your monthly income? Why NS&I;'s new bonds might be the best savings option One-year rate is 1.45%.
- My adviser charges nearly £3k a year to help invest a pension worth £200k - is that a fair price?
- Brexit Britain will be over £100billion worse off if it leaves the EU without a trade deal claims US-based think tank
- Fulham FC plugs investments where more than 80% of people lose money Risky business for football fans.
- Warning over TV campaign asking homeowners for a £260 fee to find mortgage errors
- Small banks trump rivals for Isa rates (but they still lag behind those on fixed-rate bonds)
- Here's why you may want to avoid the supermarkets on 22 and 23 December... - and it's revealed Britons' spend on festive tipples is surging.
- Property prices are up £10k in a year, figures show - but homes in this pocket of north Kent are up 15.5% ONS data.
- RAY MASSEY gets behind the wheel of the reborn Alpine brand's eagerly-awaited A110 On the Alpine route with one of the best cars of 2017.
- The loyalty scheme that will reward you for spending and even going to the pub Is the Ice add-on for your MasterCard worth taking?
- Rise of the white van WOMAN A third of commercial vehicles are now owned by female drivers, according to Auto Trader.
STEVE WEBB ANSWERS YOUR PENSION QUESTIONS
- My energy firm docked 5% VAT off my Warm Home Discount - but shouldn't I get the full £140?
- Will my father's second wife receive a widow's pension from the NHS?
- I am 73 and have just remarried - will I lose my widow's state pension?
- Can I leave the British Steel pension scheme?
- My state pension is made up of basic, Serps and graduated parts: why do they increase at different annual rates?
- I'm retired but bored - would going back to work part-time hit my pension payouts?
- Why must I pay big fees to a financial adviser to move my pension... I know what I'm doing: Steve Webb replies
- Why is my state pension being cut for years I was CONTRACTED IN and paid full contributions?
- What do you REALLY need to save for retirement? We reveal how to work out the income you require and the...
- Don't let Christmas delivery chaos leave you out of pocket: National shortage of drivers sparks flood of...
- The fraud vigilantes fighting back: How Jack, 60 and his trusty volunteers are stepping in to help victims...
- ASK TONY: I'm trying to trace a lost pension from the 1980s but Yorkshire-General keeps returning my letters
- Give children the gift of a savings habit this Christmas - or even set them up with an Isa
- The council that ruined Christmas! Residents on Essex estate are billed £2,000 each to fix water pipes under...
- Double the pain for savers as punishing inflation pushes prices up while rates fall
- DAN HYDE: Salute the scam-busters, but the authorities should hang their heads and sharpen up their act
- MARKET REPORT: Online clothing retailer Koovs falls out of fashion as shares dive 42.6% after sales warning
- Bloody nose for LSE chairman: But grandee fends off bid to sack him after bitter battle with investors
- ALEX BRUMMER: He may have survived for now, but the bell tolls for the Donald Brydon era
- Wine collectors turn teetotal because the value of their vintages has soared so high they're afraid to drink...
- DAILY BRIEFING: Sky News staff warn watchdog that blocking takeover will mean 500 job losses
- CITY DIARY: So where does Disney deal leave Sky's £16m-a-year boss Jeremy Darroch?
- Has Santa been upstaged by Trump? Rapid climb in markets is more to do with US tax cuts than the annual...
- Where can you get on the property ladder with a £6,897 deposit? We reveal the UK's Help to Buy hotspots
- You'd never get stranded in winter if you owned this: Kahn Design reveals its new SIX-WHEELED Land Rover Defender Flying Huntsman convertible
- What do you REALLY need to save for retirement? We reveal how to work out the income you require and the pension pot it will take
- The year of the cryptocurrency: Internet search data shows the remarkable explosion of interest in bitcoin, ethereum and litecoin in 2017
- The council that ruined Christmas! Residents on Essex estate are billed £2,000 each to fix water pipes under their homes
- Children can now earn an inflation-busting 4.5% on their savings with Halifax - but parents get just 1.85%
- Britain's motorists are the most resistant to driverless cars in Europe - while Italians are happiest to be ferried in autonomous vehicles
- World's largest cruise ship operator sees revenue soar after hiking ticket prices 4.5%
- Has Santa been upstaged by Trump? Rapid climb in markets is more to do with US tax cuts than the annual Christmas boost
- How to find and profit from cheap shares: Fidelity Special Situations value investor Alex Wright gives us his tips on the Investing Show
- MARKETS CLOSE: FTSE 100 flat as US markets take a breather ahead of tax cut vote; pound at $1.33
- Old Mutual cashes out of its British fund management business with £600million private equity sale
- Mobile providers ordered to make switching easier: Phone customers will be able to switch by text in ONE DAY from 2019
- Sports Direct, BT, WPP and Sky all on the naughty step as list naming and shaming firms hit by shareholder revolts goes public
- ASK TONY: I'm trying to trace a lost pension from the 1980s but Yorkshire-General keeps returning my letters
- MOST READ IN DETAIL
Big Money Questions
- Will artificial intelligence become cleverer than humans? We look at what it would mean for our jobs, planet - and how we need to prepare NOW
- Will economists be able to see the next financial crisis coming? They didn't see the last one...
- What is the FTSE 100? Investor and MP John Redwood explains what it is and why it matters to you even if you don't invest
- Why do asset prices move? Is it just down to investors reacting to the news or is there something else at play...
- The next financial crisis is eight months away, will be BIGGER than the last and triggered by war with North Korea, JIM RICKARDS predicts
- Ever wondered why prices always rise? Watch our inflation explainer in the Big Money Questions show
- Want to get an edge in investing? Read fiction, say the authors of a new book 'Cents and Sensibility' - and there's a lot economists could learn as well
- Why have we still not beaten fraud? Scammers' tricks are as old as time and yet we still get stung by the same ones... watch an expert explain how
MIDAS SHARE TIPS
- MIDAS SHARE TIPS: Cash in on the Great Christmas Clean-up with Biffa - an investment that recycles rubbish into electric power and profits
- MIDAS SHARE TIPS UPDATE: Uncorked... festive sales flow for drinks firm Conviviality
- MIDAS SHARE TIPS UPDATE: Patience will pay off for young tech entrepreneurs at Mercia
- MIDAS SHARE TIPS: Slap on the Warpaint, cosmetics shares look to be a winner
- MIDAS SHARE TIPS UPDATE: Gold producer Hummingbird Resources that survived near meltdown now aims to coin it in
- MIDAS SHARE TIPS: Ten-pin bowling firm Hollywood Bowl is on target as profits soar - and dividends are tipped to be generous too
- MIDAS SHARE TIPS: Nothing tasty in the Budget? Relax...and fish for a profit with Angling Direct
- MIDAS SHARE TIPS UPDATE: Carpet chief buys up rivals for wall to wall wealth
- MIDAS SHARE TIPS: Amryt Pharma makes remedies that can save lives - and cheer savers
- MIDAS SHARE TIPS: Founder of office fitters Morgan Sindall believes the best is yet to come from company with annual turnover of £2.5bn
- MIDAS SHARE TIPS UPDATE: AB Dynamics is in pole position as share values triple since June 2015
- MIDAS SHARE TIPS UPDATE: VP's tool hire service continues to grow as it announces purchase of rival
FUND AND TRUST IDEAS
- THE SCOTTISH INVESTMENT TRUST: The global fund that's raising a glass to the vineyards of Australia
- JP MORGAN US EQUITY INCOME: Why the US can be the real thing for dividend income
- PERSONAL ASSETS TRUST: The trust that protects nest eggs from rise in the cost of living
- MARTIN CURRIE ASIA UNCONSTRAINED TRUST: New approach means more dividends and backing winners for the long term
- NEWTON GLOBAL EMERGING MARKETS: The fund boss who aims to help you sleep soundly
- JUPITER UK SPECIAL SITUATIONS: Enter the matrix...how to take the emotion out of stock picking
- VINACAPITAL VIETNAM OPPORTUNITY: Why Vietnam is proving the jewel in the crown of frontier markets
- TEMPLETON EMERGING MARKETS: How a stock market meltdown can mint rewards for the brave
- AMATI UK SMALLER COMPANIES: Hunting down high-quality small caps lets fund double investors' money in three years
- MITON US OPPORTUNITIES: Full speed ahead as U.S. fund leaves S&P 500 in its wake
- OYSTER CONTINENTAL EUROPEAN SELECTION: Patience is a virtue for fund manager Michael Clements as top stocks reveal rich rewards
- RATHBONE ETHICAL BOND: Manager filters out the unethical to give investors the feelgood factor
- KAMES DIVERSIFIED MONTHLY INCOME: 'Steady Eddie' fund manager's strategy is paying off
- GRESHAM HOUSE STRATEGIC: Fund helps firms raise the bar AND become more valuable
Latest: Mortgages & home
- Where can you get on the property ladder with a £6,897 deposit? We reveal the UK's Help to Buy hotspots
- Revealed: The towns where property asking prices are being slashed - with sellers cutting by an average of £25,000
- Would you opt for a tracker mortgage if interest rates are set to go up in 2018? Here's why it might be worth it
- Now you can get a mortgage through Facebook: As new online broker Nuvo launches in messenger - we take a look
- House prices stall for first time in nearly five years as falling values in London drag down national average
- Warning over TV campaign asking homeowners for a £260 fee to find mortgage errors
- Property prices are up £10k in a year, figures show - but homes in this pocket of north Kent are up 15.5%
- Asking prices for houses fall by £8,000: Biggest drop in five years is blamed on 'more challenging market' - and a sluggish 2018 is forecast
- Thousands more households in danger of losing their homes after switch to universal credit as critical safety net is removed, banks warn
Latest from Saving & banking
- Double the pain for savers as punishing inflation pushes prices up while rates fall
- Give children the gift of a savings habit this Christmas - or even set them up with an Isa
- The year of the cryptocurrency: Internet search data shows the remarkable explosion of interest in bitcoin, ethereum and litecoin in 2017
- Children can now earn an inflation-busting 4.5% on their savings with Halifax - but parents get just 1.85%
- Our savings picks: This is Money's five favourite best buy cash Isas for 2017
- Savings rates fail to bounce back over two months after the Bank of England base rate rise - and high street banks still offer the stingiest deals
- You CAN share your online banking passwords with budgeting apps, says watchdog - despite warnings from banks that you won't be protected
- Need to boost your monthly income? Why NS&I's new bonds might be the best savings option
- Small banks trump rivals on top fixed cash Isas - but why are rates so far behind regular fixed-rate accounts?
- Lifetime Isa blow to young savers as ministers fail to convince banks to offer cash accounts to under-40s
ANSWERS FROM THE Experts
- 'Cold caller pestered me into buying £6K of shares in Paragon Time Trading': TONY HETHERINGTON on the 'Netflix of watches' and its boiler room scam
- Will my sister who cared for our poorly dad be made homeless after he moves to a care home?
- I owned a home briefly years ago, do I qualify as a first-time buyer to avoid stamp duty - and how would I get caught out?
- ASK TONY: O2 said I could cut my monthly phone bill from £19 to £17 by switching to a new tariff - but it soared to £700!
- My eBay iPhone delivery was signed for but never arrived - I got a refund but now the seller is furious
- Will I lose my work pension after Brexit? I'm Italian and have been working and saving in the UK for 12 years
- ASK TONY: AA charged me £90 for call-out even though I'm a member - now it could take up to eight weeks to investigate my complaint
- TONY HETHERINGTON: I was victim of a rare earth metals investment scam operating under the name Denver Trading
- ASK TONY: Should I take my delayed state pension as lump sum or a bigger income?
- 'Is this offer from "Herald Investment Trusts" for my carbon credits a scam?' TONY HETHERINGTON says beware the crooks cloning websites
Latest from Holidays
- Couple who fell ill on holiday billed £4,250 to cancel sickness claim after being contacted by cold caller
- Thomas Cook to offer 'pay as you go away' cover and prepaid card for multiple currencies
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Currency | Rate | Buy now |
---|---|---|
Updated 20 Dec 2017. | ||
Euro | 1.1065 | Buy Now |
US Dollar | 1.3075 | Buy Now |
Australian Dollar | 1.702 | Buy Now |
Canadian Dollar | 1.6781 | Buy Now |
Chinese Yuan | 8.4829 | Buy Now |
Croatian Kuna | 8.2292 | Buy Now |
Czech Koruna | 28.1798 | Buy Now |
Danish Krone | 8.2352 | Buy Now |
Egyptian Pound | 16.27 | Buy Now |
Hong Kong Dollar | 10.1652 | Buy Now |
Hungarian Forint | 342.3918 | Buy Now |
Icelandic Króna | 132.1704 | Buy Now |
Israeli New Shekel | 4.462 | Buy Now |
Japanese Yen | 147.0951 | Buy Now |
Malaysian Ringgit | 6.2624 | Buy Now |
Mexican Peso | 24.5215 | Buy Now |
New Turkish Lire | 4.8835 | Buy Now |
New Zealand Dollar | 1.8652 | Buy Now |
Norwegian Krone | 10.8675 | Buy Now |
Polish Zloty | 4.5781 | Buy Now |
Singapore Dollar | 1.7525 | Buy Now |
South African Rand | 16.5614 | Buy Now |
Sterling | 1.0 | Buy Now |
Swedish Krona | 10.9371 | Buy Now |
Swiss Franc | 1.2864 | Buy Now |
Thai Baht | 42.2688 | Buy Now |
UAE Dirham | 4.7875 | Buy Now |
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