The UK’s first debt advice kiosk in a prison is opening to help cash-strapped inmates. Prisoners can book a private, online video chat about their money problems with an advisor, via a tablet, within the soundproof cubicle inside HMP Brixton in London. The padded unit, which also has a stool for the inmate to sit […]

Your last will and testament is supposed to be your final say on who you want to benefit from your worldly wealth when you die, but it does not always work out that way. Increasingly, it could trigger a war of words instead. Three quarters of us are likely to experience a will, inheritance or […]

The average shelf-life of a mortgage product has hit a six-month low, despite homeowners and buyers currently enjoying the widest range of options in 16 years. According to Moneyfacts data, mortgage offers are typically available for 15 days before being withdrawn. This is down from 28 days at the start of February. Nicholas Mendes​​​​ at […]

One in five mortgaged homeowners aged 55 and over now expect to have unpaid mortgage in retirement, and a similar proportion fear they may be left in that awkward position, according to new research from Canada Life. As people get on the property ladder later in life, the problem will only grow. Younger buyers are […]

Plans for a British ISA intended to promote investment in UK firms may not be suitable for the current market, an expert has warned. Rajan Lakhani, personal finance expert at Plum, said a key issue with the savings product is the fact it would be limited to investments in UK companies. He told Express.co.uk: “When […]

Martin Lewis has warned those planning to use a Lifetime ISA to save up for their retirement that they may be better off saving into a pension. A listener to his BBC podcast wrote in to ask if funds in the savings account can be split in how they are used, with some going towards […]

The state pension is legally required to increase in line with the triple lock but some argue that a means-tested approach should be considered to support those who rely on the payments. The new state pension is expected to rise by 8.5 percent in April, yet a former Bank of England economist has warned that […]

The Government has been urged to clarify how the state pension is funded amid concerns National Insurance may not be enough to cover the payments. Experts at wealth group Aegon have queried how the system works, urging the Government to “be clear about how this is going to operate”. Pensions director Steven Cameron told Express.co.uk: […]

Households are on course to hand over £7.3 billion in the hated “death tax” to HMRC this financial year, in yet another new record. More and more of us are getting caught out as the inheritance tax (IHT) nil-rate band has been frozen at £325,000 since 2009. Since then, house prices and stock markets have […]

The family of a state pensioner have spoken of their frustation in their efforts to work out if she is owed back payments – despite being invited to apply by the DWP. They said they feel they are going “round in circles” as they have phoned up several departments, been told to try online through […]