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Moneyfacts Weekly Product News – 8.04.21

Eleanor Williams

Finance Expert & Press Officer
Published: 08/04/2021

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 critical illness cover Moneyfacts Star Ratings revealed

The last 12 months has shown how important it is for consumers to protect their finances with critical illness cover in case they are unable to work due to long-term illness. Consumers looking to take out critical illness cover or change their existing cover can narrow down their choices to those that have been awarded a Moneyfacts 2021 five or four star rating, which have been revealed today.

Amongst the critical illness providers that have been awarded the top five star rating from Moneyfacts today are Aegon, LV=, VitalityLife and Zurich.

Commenting on being awarded a Moneyfacts five star rating Steven Crosbie, protection director at Aegon, said: “We’re delighted that Moneyfacts has awarded our critical illness protection the maximum five-star rating. This impartial stamp of approval endorses the quality of our products – helping advisers recommend us to their clients with confidence.”

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What you need to know about the tax allowance 2021/22

During April many tax allowances and thresholds will increase, which could see consumers gaining more in their monthly wages, but also may result in having to pay higher taxes.

To help consumers and businesses understand the key changes that are due to come into effect this month, we’ve highlighted the main tax changes.

For those who want to know all the tax allowances and thresholds for the 2021/22 tax year, including all business taxes, sign up for our free taxfacts guide.

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Premium bond winners for April 2021 revealed

Two premium bond customers will be starting April £1 million richer as the April premium bond prize draw winners have been announced.

The first £1 million winning premium bond number was 323PN679583, which belongs to a premium bond holder in Cumbria. This bond is part of a £50,000 holding that was purchased in February 2018.

The second winning number was 422PG980526, which belongs to a premium bond holder in Lothian and was purchased in November 2020 as part of a £50,000 holding.

In addition to these winners, a further five premium bond holders won the second-best prize of £100,000 and another nine won £50,000. Meanwhile, in this month’s draw a further 20 premium bond holders won £25,000, 48 won £10,000, and 96 won £5,000. Thousands more received prizes ranging from £25 to £1,000. A total of 3,068,376 premium bond holders won prizes in the April draw.

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Moneyfacts Weekly Product News – 1.04.21

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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Recent News

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Should you contribute towards a pension for your grandchildren?

1st April 2021

It is no secret that starting a pension as early as possible helps make it easier to save towards a financially comfortable retirement

It is no secret that starting a pension as early as possible helps make it easier to save towards a financially comfortable retirement

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The borrowing options available when looking to renovate a home

25th March 2021

Spring is traditionally the time for homeowners to carry out DIY projects and home renovations and, after a year of being cooped up at home, many will be looking forward to giving their property a refresh

Spring is traditionally the time for homeowners to carry out DIY projects and home renovations and, after a year of being cooped up at home, many will be looking forward to giving their property a refresh

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Moneyfacts Weekly Product News – 25.03.21

25th March 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

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 spring clean your finances

24th March 2021

Spring is now officially here and, especially after the financial impact of the past 12 months, this is the perfect time of year for consumers to take stock and give their personal finances a spring clean

Spring is now officially here and, especially after the financial impact of the past 12 months, this is the perfect time of year for consumers to take stock and give their personal finances a spring clean

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Most Popular Money News

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What you need to know about the tax allowance 2021/22

1st April 2021

During April many tax allowances and thresholds will increase, which could see consumers gaining more in their monthly wages, but also may result in having to pay higher taxes

During April many tax allowances and thresholds will increase, which could see consumers gaining more in their monthly wages, but also may result in having to pay higher taxes

Read More
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Premium bond winners for April 2021 revealed

1st April 2021

Two premium bond customers will be starting April £1 million richer as the April premium bond prize draw winners have been announced

Two premium bond customers will be starting April £1 million richer as the April premium bond prize draw winners have been announced

Read More
news icon
Should you contribute towards a pension for your grandchildren?

1st April 2021

It is no secret that starting a pension as early as possible helps make it easier to save towards a financially comfortable retirement

It is no secret that starting a pension as early as possible helps make it easier to save towards a financially comfortable retirement

Read More
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Moneyfacts Weekly Product News – 21.01.21

21st January 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

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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