Navigating Changing Interest Rates and Financial Policies

This chapter explores the impact of declining interest rates on savers, highlighting challenges due to inflation and advising on the use of ISAs for tax-free savings. It also discusses recent financial policy changes, including the cancellation of key infrastructure projects and implications for pensioners, emphasizing the need to understand benefits like pension credit. Additionally, the chapter reviews proposed tax reforms amid public discontent and stresses the importance of addressing financial vulnerabilities within the community.