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The Latest Breaking News from Hargreaves Lansdown

Pension pot boost could be instrumental in retaining workforce, say experts

Chancellor Jeremy Hunt is understood to be looking at increasing pension allowances in Wednesday’s Budget.

The Independent UK

Demand from house hunters fell for tenth month in a row in February – surveyors

The majority of the feedback points to house sales being agreed within 5% of asking prices, the Royal Institution of Chartered Surveyors said.

The Independent UK

Spring Budget: Hargreaves Lansdown says green economy and net zero must be at heart of government priorities

The Bristol-based financial services firm warned UK was ‘lagging’ behind other countries when it comes to investment in green tech

Birmingham Post

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Government rejects small payments scheme idea to tackle account access issues

Concerns have focused around parents wanting to access matured child trust funds belonging to young adults who lack mental capacity.

The Independent UK

How to receive maximum State Pension annual payment of up to £10,600 during retirement years

To qualify for any State Pension payment you will need at least 10 years' of National Insurance contributions.

Daily Record

Hargreaves Lansdown profits up despite market turbulence

The Bristol-based financial services firm reported growth despite ‘challenging external conditions and low investor confidence’

Birmingham Post

Hargreaves boss Chris Hill shrugs off row with founder: “I’m proud of the business”

DEPARTING Hargreaves Lansdown boss Chris Hill today served up a strong set of results that might calm the ire of co-founder Peter Hargreaves.

Evening Standard

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People need more certainty over when they will receive state pension – experts

A review into whether the rules around the state pension age remain appropriate will be published early this year.

The Independent UK

Just as savings rates were being driven up, the brakes are on

Many banks and building societies are rowing back on their best offers: so grab them while you can

The Guardian - UK

Full New State Pension payments during retirement means you need to work this number of years

To qualify for any State Pension payment you will need at least 10 years' of National Insurance contributions.

Daily Record

Outstanding credit card balances jumped by 10.1% annually in October

There were 11.3% more credit card transactions in October 2022 than in October 2021, according to figures from UK Finance.

The Independent UK

The single penalty: why it costs £860 a month to be alone

Rent, electricity, food – they all cost more if you live by yourself. And then there are the taxes ...

The Guardian - UK

One in five families are just one payday away from financial disaster, according to research from insurer Direct Line

Middle-income families are starting to feel the squeeze as savings are abandoned to keep up with the rising cost of living

Chronicle Live

Hargreaves Lansdown first FTSE-100 firm to become 'age inclusive employer'

The investment platform has received the special accreditation from anti-age discrimination organisation 55/Redefined

Birmingham Post

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Daily Mirror

Expert explains 7 ways you’ll pay more tax in 2023 - and 5 ways to avoid it

There are seven ways that you could end up paying more tax over the next year so it’s worth taking steps to ensure you don’t end up paying more than your fair share

The Independent UK

Expert reveals several ‘painful’ ways you could end up paying more tax in 2023

There may be some ways that people can cut their tax bills, says Sarah Coles

The Guardian - UK

Premium bonds: more big prizes – but what are your chances?

An extra £80m will be available next month after a shake-up by NS&I. But the odds of winning are 24,000-1

The Independent UK

‘Dickensian Christmas’ warning as households report going cold and hungry

Some 17% of adults said they were eating food past its “use by” date, the Office for National Statistics said.

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The Independent UK

More life-changing Premium Bonds prizes up for grabs from January

The prize fund rate will increase from 2.20% to 3.00%, with more opportunities to win life-changing sums of cash.

Daily Record

Pension expert issues warning to all married women approaching retirement age

New research suggests that less than a quarter of women could cope financially without a partner’s pension in retirement.

Evening Standard

Shares in Manchester United and Fevertree hit performance for City fund star Nick Train

Bad bets on Manchester United, Fevertree and Hargreaves Lansdown shares are increasing the pressure on star City fund manager Nick Train, who today reported tumbling returns at his Finsbury Growth and Income Trust.

Birmingham Post

'Pressure on' H&M to compete with Primark and Boohoo as it cuts 1,500 jobs

H&M said the move is part of a 'global programme to reduce costs and further improve efficiency in the business'

The Independent UK

£209m handed back to retirees owed state pension payments

The amount paid back so far is a ‘drop in the ocean’ when compared to the nearly £1.5 billion estimated to have been underpaid, one expert said.

Insider UK

Weir and abrdn set to rejoin FTSE 100

Meanwhile, Harbour Energy looks likely to fall out of the top group of London-listed businesses

The Independent UK

‘Sigh of relief’ for pensioners as triple lock is confirmed for next April

Chancellor Jeremy Hunt confirmed that the state pension will be uprated in line with inflation at 10.1% from April 2023.

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