All you have to do is email your answers to: joanna.faith@incisivemedia.com by Friday 8th February. The winner will be contacted the following week.

*TIP* all the answers can be found on the Your Money website.

 

1. Changes to the child benefit regime came into force last month. Families will lose the benefit altogether if:
(allowances)

• A) At least one parent earns above £60,000

• B) If both parents own over £50,000

• C) If both parents’ combined salary is over £60,000

 

2. Banking giant Citi said it expects the Bank of England to keep interest rates at 0.5% until:
(investments)

• A) 2015

• B) 2016

• C) 2017

 

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3. The government confirmed changes to the state pension from 2017 last month. The new weekly payment will be:
(retirement)

• A) £144, plus inflation increases between now and 6 April 2017

• B) £155, plus inflation increases between now and 6 April 2017

• C) £166, plus inflation increases between now and 6 April 2017

 

4. Average English and Welsh property prices grew by how much last year according to Acadametrics/LSL Property Services?
(mortgages)

• A) 2.3%

• B) 3.2%

• C) 4.3%

 

5. According to research from LV=, the cost of raising a child from birth to the age of 21 has reached a 10 year high of:
(savings)

• A) £122,458

• B) £222,458

• C) £322,458

 

6. How many UK households were in fuel poverty in January?
(utilities)

• A) 2.5 million

• B) 3.5 million

• C) 4.5 million

 

Email your answers to: joanna.faith@incisivemedia.com by Friday 8th February.