News

Interest rate rise: How will it affect you? 18th December 2017

It’s taken more than 10 years, but it’s finally happened. The Bank of England has decided to increase interest rates with the Monetary Policy Committee (MPC) voting by 7-2 to…

Pensions, what happens to yours when you die? 2nd December 2017

Death and pensions; both topics that most of us will do almost anything to avoid discussing. So, bear with us in this article as we talk about both, at the…

Families to pay an extra £900m Inheritance Tax by 2022 1st December 2017

The Office for Budget Responsibility (OBR) has revealed figures which show that the estimated Inheritance Tax (IHT) payable on estates over the next five years is due to rise by…

Budget 2017: first rise in Pensions Lifetime Allowance for seven years 30th November 2017

For many people, Philip Hammond’s announcement that the Lifetime Allowance will be rising is welcome news. As part of the Autumn 2017 Budget, the amount you can hold in a…

Almost half of pensioners worry about running out of money 20th November 2017

In the third quarter of 2017, 198,000 people made withdrawals from their pension funds under Pension Freedoms, 40,000 more than in the same period of 2016. Why is the demand…