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NEW FINANCIAL YEAR / MONEY NEWS
As we reach the new financ
Contactless card limits set to rise, energy standing charges drop, winter fuel payments taken away and it’s Will Aid month
Winter Fuel Payments will be recovered if your income exceeds £35,000, says Paul Lewis
December 2025
With the cold snap on its way make sure you’re in the know about the Winter Warming payments available. ✦ Winter Fuel Payment Worth £100 to £300 if you’re state pension age or above. No need to apply
Pension pots could be liable for inheritance tax when you pass away under new rules, due to kick in from April 2027. It’s a way off, but important to know, and plan around, as money left in private pe
Should a private pension be your primary savings vehicle when it comes to planning for retirement, or would an individual savings account (Isa) be a better option? There is no single right answer beca