Money Guides

If you have pension savings to access, the two options you’ll probably hear about most often are annuities and pension drawdown. But another way to turn your savings into income is Uncrystallised Funds Pension Lump Sums (UFPLS).

If you choose to buy an annuity with your pension savings, you will be offered an annuity rate, which determines how much income you receive. Your age, health, lifestyle, chosen options and underlying economic conditions all shape the rate and guaranteed income your pension can provide.

Curious about the Personal Savings Allowance? It’s a handy tax perk that lets you earn a set amount of interest on your savings each year without paying any tax, helping you keep more of what you save.

The good news is that most people don’t pay any tax on savings interest, thanks to tax-free allowances. In this guide, we’ll break down how it works, the allowances you get, and how tax is applied if you owe any.

If you’ve had an HMRC savings account tax letter, it can feel a bit worrying. The good news is that these letters are just part of HMRC’s efforts to keep savers on top of their tax responsibilities.

Thinking about opening your first bank account? Whether you’ve just finished school, are starting uni, moving in with someone, or simply want more control over your money, getting started is easier than you might think.

An overdraft can be a handy safety net when your current account runs low. But what exactly are they for, and when should (or shouldn’t) you use one? Whether you’re dipping into your overdraft for the first time or just want to understand it better, we’ll walk you through everything you need to know.

Already have a bank account but wondering if you could do better? Whether you’re tempted by a switching bonus, looking for better features, or just fed up with your current provider, switching your current account could be a smart financial move.

Thinking about getting your first credit card while you’re studying? A student credit card can be a useful tool to build up your credit history and give you a little financial flexibility.

Many credit card providers in the UK let you move money directly from your card into your bank account. This is known as a money transfer, and it can come in handy if you need quick access to cash.

Wondering how many credit cards you can have? Before you apply for another one, take a few moments to understand how the number you manage can affect your credit score, spending habits, and financial flexibility.

If you need short-term finance, a bridging loan might be the right fit. But whether you're buying property, funding renovations or managing a cash flow gap, other options may be worth considering.

Wondering if you'd qualify for a bridging loan and who offers them? This guide covers what lenders typically look for, who offers bridging finance in the UK, and what your options are if things don’t quite go to plan.

Personal loans can be really useful, but they’re not always the right move. The key is knowing when they make financial sense, and when they could cause more harm than good.

Need some money quickly and are confident you can pay it back over time? That’s where a personal loan can come in handy.