Are you missing some retirement income? Here’s how to track it down

Are you missing some retirement income? Here’s how to track it down

The amount you manage to save will decide the kind of life you’ll be able to live in retirement. That’s why it’s important to keep track of every penny. Find out how to make sure you’ve got eyes on all of your retirement income. Do you have some past pensions?  You’ll usually get a new…

UK inheritance tax (IHT) receipts

UK inheritance tax (IHT) receipts

HM Revenue and Customs has collected £3.9billion in inheritance tax (IHT) from April to September 2023. This is up £400million from the same period last year. With the current nil rate band (NRB) frozen until at least 2028, the IHT receipts are likely set to increase. The original forecast of the Office for Budget Responsibility (OBR)…

It’s never too early or too late to start planning for your retirement.

It’s never too early or too late to start planning for your retirement.

Get started by using these planning tips to help you feel more confident about life after work. Planning for retirement can feel complex and overwhelming. How long will your savings have to last and what sort of lifestyle would you like to enjoy? There is a lot to consider so it can be hard to…

The future of Sterling

The future of Sterling

The Long-term outlook If the outlook for sterling is largely to be determined by the direction of interest rates, and rates are to be largely determined by inflation rather than the economic outlook, then what is the outlook for UK inflation? Recent data around both grocery and energy prices indicates that at least some of the…

UK Pension Tax on Death Benefits Proposed Change

UK Pension Tax on Death Benefits Proposed Change

On 18th July the UK government announced a consultation on pension taxation linked to the abolition of the Lifetime Allowance. It also considers other aspects of tax linked to pensions and proposes a significant change. Currently where pension member dies before age 75, benefits received by a beneficiary are generally outside the scope of income…

What is the future for Sterling?

What is the future for Sterling?

Despite the gloom that currently surrounds the UK’s economic outlook, the pound sterling has performed strongly, up around 23 per cent (as at July 14 2023) versus the US dollar since September 2022, and 5 per cent relative to the euro. Economic textbooks theorise that the principal determinant of the relative strength of one currency to…