Standard Life – Payout cuts
Pension payouts are now 2% lower at £81,629 based upon a 20 year, £200 per month savings plan for someone retiring at 65.
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Buying without the Bank of Mum and Dad
Property is now affordable for first-time buyers in nearly four out of 10 areas of the UK. Cold comfort for Graham Saunders, 28, and his girlfriend Carlie Shaw, 30, who are would-be first-time buyers from Crewe. They have a combined annual income of £48,000.
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HMRC allows some late tax credit callers to try again
HM Revenue & Customs said its tax credit helpline was “extremely busy” on Saturday, and it would now look “sympathetically” on late callers.
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