Bank of England raises UK interest rates to 4.25%
Interest rates have been increased to 4.25% from 4% by the Bank of England (BoE) as it tries to slow rising prices. The BoE’s decision to increase rates for the…
Blog Posts
HMRC issues guidance on abolition of pensions lifetime allowance
HMRC recently issued preliminary guidance in regard to the abolition of the pensions lifetime allowance. At the Spring Budget, Chancellor Hunt announced that the lifetime allowance charge will be removed from 6…
Budget 2023 Key measures at a glance
Following Jeremy Hunt’s budget earlier today we have summarised below the key announcements he has made: Our full detailed guide on the Budget and our Tax Tables will be on…
Chancellor launches financial sector reforms
Chancellor of the Exchequer Jeremy Hunt is set to unveil over 30 regulatory reforms to the UK’s financial sector, the government has announced. The Chancellor will set out plans to…
Government extends mortgage guarantee scheme
The Mortgage Guarantee Scheme will be extended by a year to the end of December 2023, helping people with 5% deposits on to the property ladder, the UK government has…
Market Update
As you will no doubt be aware we are currently experiencing an increased level of volatility in global financial markets, and particularly in the UK following the Chancellor’s recent…
Bank of England raises interest rates for third time in a row
The Bank of England has raised interest rates for the third consecutive time. The Bank also warned that the Ukraine conflict could see under-pressure households hit with double-digit inflation later…
Market & Investment Update – Ukraine invasion
We wanted to give investors using our services an update on the market position following the invasion of Ukraine by Russia. Please note the time of writing is 4.25pm on…
Pensions experts say a minimum of £10,900 a year needed to retire
A single person will need post-tax annual income of £10,900 for a minimum standard of living in retirement, according to the Pensions and Lifetime Savings Association (PLSA). The minimum retirement…
Why bother digging up old policies?
We have launched our initiative to provide Free Financial Guidance for self-employed individuals this week, and we are extremely pleased with the outcome of a very recent review undertaken by…
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