Money Saving Expert has reported that the fee will increase to £19 a month, or £228 a year. This increase will affect customers who have been using the account for a while and are already paying the £13 monthly fee. The increase in the FlexPlus account fee is a result of Nationwide’s decision to increase its interest rates on savings accounts.

The MSE website also explained: “If you’re looking for a good deal on a pension, you should consider a personal pension scheme. These schemes offer a range of benefits, including tax relief, and can be a good option for those who want to save for retirement.”

This article discusses the potential for pensioners to receive a Winter Fuel Payment (WFP) that has been “saved” by the government. The article highlights the importance of understanding the various options available to pensioners when it comes to managing their finances. It also emphasizes the benefits of personal pension schemes for retirement savings.