#pension-auto-enrolment

#pension-auto-enrolment

The most recent Consumer Prices Index (CPI) inflation reading was 3 per cent in February - but this data is from before the Iran war, and experts are expecting inflation to increase.

The chair of the Public Accounts Committee sought reassurance that the Cabinet Office had shared details of Capita's performance on the CSPS before the DWP made its award to the outsourcing firm to provide HR, finance, and payroll services to the DWP, the Ministry of Justice, the Home Office, and the Department for Environment, Food and Rural Affairs.

This tax year (2025/26), you can add up to £20,000 to one ISA or split the money between several of the various types; the most used being Cash ISAs and Stocks & Shares ISAs. Whichever type of ISA you invest in you pay no income or capital gains tax (CGT) on the returns - no matter how much they are.

The Treasury-backed savings bank National Savings and Investments (NS&I) has been criticised over failing to control costs and have a viable plan in place to complete a business transformation project which is already two years late and has spent over 3bn in taxpayer money. NS&I has around 25 million customers which it serves through the Premium Bonds prize draw and fixed term savings bonds, representing more than an estimated 240bn. However, the transformation project has been condemned by a Public Accounts Committee (PAC) which says it has not yet managed to deliver any meaningful benefits for taxpayers.