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Personal Finance

Pensioners need a £33,000 a year income to enjoy a comfortable retirement

In order for workers to enjoy a comfortable retirement that includes holidays abroad, a generous clothing allowance and a car they will need to have saved enough for a £33,000 per year income.

I've accidentally under-egged annual mileage to our insurer: Do I need to confess?

I told my insurer that my annual mileage would be 8,000 but I think it will be 10,000 by the time I come to renew my policy. Should I tell my insurer? Will it want to up our premium?

Hargreaves Lansdown updates investors on Woodford holdings

Hargreaves Lansdown (HL) has updated investors on the implications of its multi-manager range holding the Woodford Equity Income fund (WEIF), which is now being liquidated.