NS&I has increased its Premium Bond prize fund rate from to 3.3% to 3.7%, the sixth increase in just over a year and its highest rate in more than 15 years.

Annuity rates have climbed again meaning a 65-year-old with a £100,000 pension pot should be able to buy an annuity income of up to £7,144 per year, up from £7,027 two weeks ago and an increase of 20% on the same period last year.

Nearly one in four people expect to become millionaires in their lifetimes, according to new research.

Hargreaves Lansdown’s new CEO Dan Olley will start work on Monday 7 August, the company said today.