Tag: Financial Planning

Boost for Premium Bonds As NS&I Prize Fund Rate Increases

Posted on September 2, 2026 by Samuel Turner

Quick Answer: Premium Bonds now pay a prize fund rate of 4.35%, up from 3.80%, and the odds on each £1 bond have shortened to 21,000 to 1. The NS&I prize fund rate increase kicked in with the September 2026 draw, bringing around 308,000 more tax-free prizes. NS&I announced it all on 18 August 2026, […]

Will the New State Pension Be Taxed From April 2027?

Posted on July 16, 2026 by Alden Brooks

Quick Answer: The State Pension is set to rise by at least 2.5% in April 2027 under the Triple Lock — taking the full new State Pension to around £247.35 a week (£12,861 a year). This will push it above the £12,570 tax-free Personal Allowance for the first time, but the government has confirmed pensioners […]