Savings

Martin Lewis, founder and editor of MoneySavingExpert.com, has joined a 'challenger panel' in a bid to make radical improvements to the Money Advice Service (MAS), after an independent review criticised the way it is run.

Now it's been confirmed that the Conservative Party has been voted back into Government after winning more than the 326 seats needed, we explain how its policies affect your pocket.

Standard annuity rates have collapsed to all-time lows just weeks after new pension freedoms came into force, according to a financial website.

From today a host of changes take force, which could see the tax you pay and the savings you make alter. Other changes will see new pension freedoms taking effect, as well as the ability to transfer Child Trust Fund savings into a Junior ISA.

Pension providers will have to give more support to savers accessing their pension pots in future, under plans confirmed by the regulator today.

Spain's Banco de Sabadell has reached an agreement to take over British bank TSB it's been announced today, but its "business as usual" for TSB customers.

While it's been available to publish since December, today the Treasury has finally released its response to the independent commissioned report by Christine Farnish, who has called for radical changes to the Money Advice Service and for an end to the marketeers gravy train.

The amount savers can put into a pension over their lifetime will fall in April 2016 from £1.25 million to £1 million, Chancellor George Osborne has announced today.