Financial Articles

Scammers are targeting university students with fraudulent texts impersonating the Student Loans Company to intercept loan payments by stealing login credentials and redirecting funds to criminal accounts.

Some Republican lawmakers have joined Democrats in proposing higher payroll taxes on high earners to address Social Security’s projected funding shortfall, though economists debate potential economic impacts.

With penny production ending, merchants are rounding cash transactions to the nearest nickel while credit card surcharges become more common, changing what consumers pay at checkout.

Experts recommend delaying Social Security claims despite potentially large cost-of-living adjustments next year, as waiting until age 70 significantly increases lifetime benefits and magnifies annual COLA gains.

A survey found 39% of middle-class households incorrectly expect Medicare to cover long-term care costs, but the program generally does not pay for these substantial expenses in retirement.

UK bond market turmoil is prompting mortgage lenders to raise fixed-rate rates, while pension and savings outcomes depend on individual circumstances and investment timelines.

The UK government commits to providing clearer guidance on student loans after criticism over transparency regarding loan terms and repayment thresholds.

Apple’s new iPhone launch has triggered a surge in fraudulent websites offering discounted models. Security researchers warn consumers to verify legitimate retailers and avoid payment methods lacking consumer protections.

Tesco has reported to police that its brand was exploited in fraudulent casino advertisements on Meta platforms, joining other major companies and sports figures in becoming targets of unlicensed gambling scams.

Millions of workers roll retirement savings into IRAs annually, but mistakes can be costly and often irreversible. The IRS recently issued guidance to streamline rollovers as baby boomers enter retirement years.

The UK’s state pension triple lock faces renewed scrutiny with calls from business groups and economists to scrap the policy, citing multibillion-pound costs amid affordability concerns.

American Airlines announced it will match the federal $1,000 Trump Account contribution with an additional $1,000 for employees’ children, joining over 50 companies supporting the initiative.