Latest - RETIREMENT PLANNING

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  Younger generations must save more for retirement than their parents

  11 November 2018

  Younger generations will struggle to live as comfortably in retirement as their predecessors, new research from Rathbones has shown. The investment manager said a combination of rising life expectancy, decreasing home ownership, lower investment returns and inadequate private savings will make it much harder for younger people to be able to retire when their...

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  Personal allowance headlines while pensions tax relief off the hook in pre Brexit Budget

  29 October 2018

  Headline news from Chancellor of the Exchequer Philip Hammond’s Budget speech was that personal tax allowances of £12,500 basic rate and £50,000 higher rate thresholds promised in the Conservative party manifesto would be brought forward a year and implemented in April 2019. And after weeks of speculation that pensions tax relief would be used...

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  Financial crisis still impacting investment choices

  29 October 2018

  The global financial crisis continues to play on the mind of UK investors, with over half basing their decisions on the events that took place a decade ago, according to Legg Mason. In its 2018 Global Investment Survey, the global asset manager found 50% of UK investors’ investment choices were still impacted by the...

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  What might we see in the 2018 Budget?

  25 October 2018

  With the Chancellor due to unveil his latest Budget on Monday, industry experts have been discussing what they would like to see announced, as well as what measures they expect to emerge from the red briefcase.  ISAs ISAs have grown increasingly complex in recent years and there have been calls from those in the...

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  Pensions freedoms – where we are, FCA concerns and what happens next

  23 October 2018

  Steve Bailey, director at ATEB Consulting, looks at the impact of the pensions freedoms to date and the potential future action we can expect from the regulator following its 4-phase supervisory project around pensions transfers advice. The pension freedoms, introduced by the Government in April 2015, gave consumers with defined contribution (DC) pensions more freedom around...

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  Regulators set out joint 5-10 year vision for pensions sector

  22 October 2018

  The Financial Conduct Authority and The Pensions Regulator have joined forces to deliver better outcomes for pension savers and those entering retirement. In an effort to tackle the challenge of people not having adequate income or the income they anticipated in retirement, the FCA and TPR have set out their vision for the pensions...

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  Middle income earners will benefit from LTA rise

  18 October 2018

  New inflation figures will affect both the State Pension and the lifetime allowance limited.   Following publication of the inflation figures for September, pensioners can expect to see their State Pension rise by up to £221 a year from April 2019.  The pension will be worth £8,767 from next April, rising from the current...

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  Benefits for employers providing access to financial advice

  18 October 2018

  Employers who provide financial advice to their employees will benefit their businesses and could save themselves money, research by Chase de Vere has shown. In contrast, those who don’t could find they disadvantage their businesses as a result, the wealth manager and corporate adviser says. The research found that 83% of employers believed financial...

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