Savings

The self-employed cannot simply leave their retirement strategy to employers. And more power to them for that. But this fierce independence brings challenges, many of which our Nutmeg advisers contend with on a daily basis. Here, we share our responses to your most commonly asked questions about financial planning for the self-employed.

When you put your money into a savings account, the chances are you’re expecting to walk away slightly richer at some point in the future.  

Here’s a question for you: if your car broke down, would you let your uncle have a go at fixing it or would you take it to a garage?

Thinking about transferring your ISA this year? You’re not alone. Our research shows that more than a quarter of ISA customers are looking to transfer to a new provider this year.

Not enough people in the UK are on track with saving for their first home and retirement. Can the Lifetime ISA – with its 25% government bonus – change the way young people save?

The Lifetime ISA is an initiative launched by the government to encourage those aged between 18 and 39 to put money aside for their first home or retirement — and receive a 25% government bonus on their contributions.

To help you make the most of your £20,000 ISA allowance for the 2017/18 tax year, we’ve lifted the lid on ISAs to debunk a few popular myths.

Have you got money sitting idle in your bank account or at home? Does it feel like your pension is a bit of a ‘black hole’? Well, don’t worry, you’re not alone. Our recent study shows that a lot of British adults could probably make their savings work harder for them – here are some suggestions on how to do this.

A common misconception is that you can’t move your existing ISAs from one provider to another. But you can. It’s relatively easy to transfer ISAs between providers and, in doing so, you could even reduce your fees. 

Ever wondered what could happen if you managed to save your maximum ISA allowance every year? Well, here at Nutmeg, we’ve done the maths and found that you could become an ISA millionaire in just 22 years.

The money you save in a Lifetime ISA can be used to buy your first home. But if you want to buy in London, you might be restricted by the house value limit.

Rising house prices and a tough economic climate have created a generation of Peter Pans who can’t afford to grow up – or so the headlines suggest. But today’s “kidults” may be more financially mature than they think.