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Moneyfacts Weekly Product News – 14.01.21
Derin Clark

Derin Clark

Online Reporter
Published: 14/01/2021

The Moneyfacts.co.uk Pick of the Week showcases the best of the latest products or rate changes to hit the consumer finance market.

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2021 SIPP and SSAS Annual Moneyfacts Star Ratings revealed

The 2021 SIPP (Self-Invested Personal Pension) and SSAS (Small Self-Administered Scheme) Annual Moneyfacts Star Ratings have been revealed today, making it easier for consumers wanting to take control of their pension using SIPPs and SSASs to find the best products currently available on the market.

A full list of the five and four star rated SIPP and SSAS products can be found on our SIPP and SSAS star rating page . When deciding which products should be awarded a star rating, a team of experts at Moneyfacts analyse thousands of products across 16 categories, in which extensive analysis of more than 2,000 data fields is done to make the final choice.

Commenting on today’s star rating announcement, Lee Tillcock, editor of Investment Life and Pensions Moneyfacts, said: “The need for individuals to take control of their own retirement planning has never been more important and is reflected in the greater demand for self-invested pensions such as SIPPs and SSASs. There is a diverse range of SIPP and SSAS products that individuals can select from, making comparisons potentially difficult. The Moneyfacts Annual SIPP and SSAS Star Ratings highlight the companies that offer the schemes with the most extensive range of features and competitive charges, helping consumers to direct their focus when considering their options.

“The Moneyfacts Annual SIPP and SSAS Star Ratings concentrate on the individual features of a product that consumers will come across when going through the decision-making process. The ratings therefore provide consumers with an extra seal of approval, which should give them the added assurance that they have found a high-quality product for their retirement needs.”

Consumers can find out more information about SIPPs and whether it is the right pension product for them by reading our SIPPs explained guide.

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Moneyfacts Weekly Product News – 07.01.21

The Moneyfacts.co.uk Pick of the Week showcases the best of the latest products or rate changes to hit the consumer finance market.

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How to organise your finances during divorce

The first week of January is traditionally a time that sees an increase in couples filing for divorce and, after a year of lockdowns putting added stress on relationships, this month may see even more couples deciding to divorce.

Divorce is an extremely stressful process for most people and the impact it can have on finances, especially during this time of economic uncertainty, will add to the pressure. Here we’ve looked at how to organise your finances during a divorce to help ease the stress.

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Financial help available during the latest lockdown

As England enters its third lockdown and Scotland, Northern Ireland and Wales facing tougher restrictions, we’ve looked at the help available to those facing financial difficulties during the latest lockdowns.

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Recent News

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Premium bond winners for January 2021 revealed

4th January 2021

Two lucky premium bond account holders started 2021 £1 million richer as winners of the January 2021 premium bond prize draw

Two lucky premium bond account holders started 2021 £1 million richer as winners of the January 2021 premium bond prize draw

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Do you need to insure your new pet?

30th December 2020

Constant lockdowns this year have meant that there has been a significant increase in the number of people acquiring a pet for the first time and, although a new pet can be an exciting addition to the family, it is also a long-term financial commitment

Constant lockdowns this year have meant that there has been a significant increase in the number of people acquiring a pet for the first time

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2021 personal loan Annual Moneyfacts Star Ratings revealed

17th December 2020

Established high street banks and challenger banks alike have been awarded the Moneyfacts 2021 Five and Four Star Ratings in the personal loan sector today

Established high street banks and challenger banks alike have been awarded the Moneyfacts 2021 Five and Four Star Ratings in the personal loan sector today

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What you need to know about paying tax when giving a cash gift at Christmas

17th December 2020

Christmas is the perfect time of year to give family members a cash gift, but generous givers should be aware that some cash gifts are potentially taxable

Christmas is the perfect time of year to give family members a cash gift, but generous givers should be aware that some cash gifts are potentially taxable

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Most Popular Money News

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Premium bond winners for January 2021 revealed

4th January 2021

Two lucky premium bond account holders started 2021 £1 million richer as winners of the January 2021 premium bond prize draw

Two lucky premium bond account holders started 2021 £1 million richer as winners of the January 2021 premium bond prize draw

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Financial help if you are made redundant

13th October 2020

The rate of unemployment has reached its highest level in three years, figures released by the Office for National Statistics (ONS) today have revealed

The rate of unemployment has reached its highest level in three years, figures released by the Office for National Statistics (ONS) today have revealed

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Moneyfacts Awards 2015 – the winners are revealed!

3rd June 2015

The winners of the 2015 Moneyfacts Awards were announced last night in the Pavilion at the Tower of London. Hundreds of industry professionals gathered at the event, with everyone clamouring to find out who would take the crown in each category.

The winners of the 2015 Moneyfacts Awards were announced last night in the Pavilion at the Tower of London. Hundreds of industry professionals gathered at...

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Girls getting more pocket money for first time

24th July 2018

For the first time in a decade, girls are receiving more pocket money than boys, averaging £7.09 per week compared to the boys’ average of £6.91 – a 3% difference. This is mainly due to a drop in the amount boys are getting.

For the first time in a decade, girls are receiving more pocket money than boys, averaging £7.09 per week compared to the boys’ average of £6.91 – a 3%...

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