“Universal Credit ‘could cost more than current benefits system'”

An independent (financial adviser’s) view

The hotel, restaurant or shop owners who put themselves forward for those TV shows where an expert comes in and tells them their business is rubbish are usually shocked and completely ignore the advice they’ve asked for; just as most companies only want the ‘management consultants’ to to whom they pay a fortune to tell them what they want to hear.

The government is no different. It asks the National Audit Office to look at the complete dogs’ breakfast that is the new Universal Credit System, they tell them it’s not working and will end up costing more than the old mess of benefits; and, of course, the government will ignore them and carry on regardless.

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Budget Rumours and Possibilities

The Budget Rumour Machine is not the shambles it was last year. Before Rachel’s Swansong all sorts of stuff was leaked to see what sort of puddle it would create.

Banks are opening branches again!

There’s a branch of Santander in Oxford which has a cafe, ‘co-working spaces and bookable meeting rooms as well as standard banking facilities’. And this, it seems is going to be a thing, as Barclays, too, has decided to reopen branches which will also include trendy cafes (well, a Costa) and chill-out work areas.

Why do 70% not get advice when taking pension benefits?

In the age of the internet, you can DIY pretty much anything. It will tell you how to fix your electrics or plumbing. You can book a holiday,, service a car old enough not to require the attachment of a laptop – and, of course, invest and advise yourself financially.