The Globe and Mail's Personal Finance section offers news, in-depth analysis and expert tips on how to make money and save more money in all aspects of your life.
The new weekly rates for the full state pension are set to rise to £221.20 from £203.85, which is an increase of £17.35 per week. The old or basic state pension will increase to £169.50 from £156.20, an increase of £13.30 per week, thanks to the triple lock.
Post Office Monthly Income Scheme (POMIS) is one of the highest-earning, low risk and steady-income plans offering an interest rate of 7.4% per annum. Above all, no TDS is deducted from the interest generated. Here is a step-by-step guide to open an account
Anil Rego, CEO of Right Horizons, explains the concept of FIRE - Financial Independence and Retire Early. He suggests investing in market-linked avenues like mutual funds, stocks, and PMS can help achieve early retirement. Starting early, balancing lifestyle, and regular financial planning are key for success. In some form, this is something that has been there, but yes, today, it has come into prominence.