Pensions, savings and investments

UK's free banking debate picks up pace

25 May 12

A top official at the Bank of England has added to speculation that the UK's banking system could be set to change after labelling free banking a 'dangerous myth'.

Bank defends effect of quantitative easing on pension pots

24 May 12

The deputy governor of the Bank of England's decision making committee has defended its use of quantitative easing (QE) as savers see their pension pots squeezed.

Businesses leaving employees in the dark about rewards and pay

17 May 12

Companies failing to communicate with employees about their remuneration package, including salaries and benefits, are 'wasting' their money and failing to reap the benefits, research carried out by the Chartered Institute of Personnel and Development (CIPD) has claimed.

Millions set to retire on less than the minimum wage

17 May 12

More than six million of the UKs over 50s will live on less than the minimum wage in retirement, a new survey has found.

Millions of taxpayers in line for early tax refund

14 May 12

HMRC has confirmed that more than three million tax refunds are to be sent out as of next week - two months earlier than previous years - due to an earlier review of the amount of tax paid for 2011/12 via the Pay As You Earn (PAYE) system.