A credit union is a financial co-operative. They were traditionally owned and run by members who have a common interest, such as where they live or work; but these days, some have broader membership rules.

Life insurance is something you might come across if you are looking into tax-efficient savings and investment options. Some life insurance is designed to be an investment – a place to store and grow your money rather than just pay out when you die. The life insurance companies invest your money ...

Child trust fund accounts can be accessed from age 18. This page gives a brief overview of what you need to know.

Purchased life annuities are financial products purchased with a capital sum. They are designed to provide a guaranteed annual sum – normally for life, but it could be for a shorter term. 

The government’s Help-to-Save savings scheme pays a tax-free bonus of up to 50% of the amount saved. It is only available to individuals claiming certain benefits. The scheme had been due to close to new savers in April 2025. However, the government announced in the Autumn Budget 2025 that they ...

If you rent out property, then you will usually have to report this to HMRC and pay tax on it. Here we explain how you can do this – which might vary depending on your level of rental income and your wider situation.