Blog
31st March 2015
More and more pensioners across the UK are opting for less traditional methods of establishing financial security in their retirement. Many will be taking full advantage of Chancellor George Osborne’s latest pension reforms, which give pensioners complete autonomy to withdraw...
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Prime Minister Promises 200,000 New Homes for First-Time Buyers
26th March 2015
As this year’s general election looms ever closer, parties are putting forward more and more alluring pledges in attempt to encourage voters and gain support. One of David Cameron’s and the Conservative party’s latest pledges is to expand a programme...
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Budget 2015 – New Tax-Free Savings Allowance Will Apply to Peer-to-Peer Lending as well as Cash Savings
25th March 2015
During last weeks budget, Chancellor George Osborne announced that ISAs would become much more flexible, and non-ISA cash savings would be tax-free for the first £1000 they earn. It wasn’t clear at the time whether or not these changes would...
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Peer-to-Peer Investors Quadruple Their Returns on Average
19th March 2015
Great news for P2P investors as the industry makes an average return of 5.09% across the last 12 months! This is over four times the amount you may have expected to earn on deposit from a major bank or...
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40% Prioritise Saving for Their Pension Over a Holiday
17th March 2015
Pension saving has now become more of a priority for people than ever before. According to a recent report made by Nest, the workplace pension scheme, people now place more importance on saving towards retirement than they did 3-4 years...
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2015 Budget: What Wellesley is looking out for
16th March 2015
On Wednesday, George Osborne is due to deliver the 2015 Budget which, will serve as his last opportunity to impress the nation before the General Election on May 7th. The country will be eagerly awaiting news on elements ranging from...
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Personal Banking at Your Fingertips – RBS and NatWest Introduce Finger Print Technology
12th March 2015
There is now a brand new way with which customers can access their mobile NatWest or RBS banking app, and it’s as easy as touching a button. These two banks have started to incorporate fingerprint technology with their apps, allowing...
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Many Have ‘False Expectations’ of New Pensions Freedoms
9th March 2015
Pension savers across the country are being warned not to have false expectations of new pension freedoms when they arrive along with the new tax year in April. This forewarning has been issued by The Pensions Advisory Service at...
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Bank of England maintains Bank Rate at 0.5%
5th March 2015
Today, the Bank of England’s Monetary Policy Committee voted to maintain the Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion. ...
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Invest in property with as little as £10
4th March 2015
Investing in property is a popular route by which savers are placing their money. With above average monthly returns and an asset held, property is an encouraging path for savers to go down to ensure they receive a decent...
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