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Category Archives: Financial News
Changes to State Pension age
State Pension age is currently 66 for both men and women, but is set to increase to age 67 from 2026 to 2028. This increase affects anyone born after April 1960. A further increase, to age 68, is currently scheduled from 2044 to 2046, affecting people born after April 1977. Read the full article…
Market Update – June 2024
The UK election will take place on 4 July, with current polls indicating a clear win for Keir Starmer’s Labour Party. Although the date of the election was earlier than expected, there was little reaction from financial markets to the announcement. The rate of UK inflation fell again in May, Read the full article…
Tax relief on pension contributions
Pensions provide a number of tax benefits, with one of the key ones being tax relief on your contributions. When you pay into your pension, some of the money that would have gone to the government as tax goes towards your pension instead. This can help reduce the amount of Read the full article…
Making a will
Many people put off making a will, but it is one of the most important things that you can do for your family. Your will gives clear instructions about what should happen to your money, possessions and property (your “estate”) after you die. Even if you are only leaving a Read the full article…
Market Update – March 2024
Global stock markets have had strong gains to date in 2024 as inflation has continued to subside. In the US, the Dow Jones Industrial Average, S&P500 and Nasdaq Composite all hit new record highs this month. The annualised rate of Consumer Price Inflation (CPI) in the US eased from 3.4% Read the full article…