Category Archives: Financial News

Market Update – September 2023

The Bank of England held the UK interest rate at 5.25% at the September meeting of the Monetary Policy Committee (MPC). This ended the run of fourteen consecutive rate increases that began in December 2021. The Bank expects UK inflation “to fall significantly further” in the short term. Consumer Price Read the full article…

Posted in Financial News |

Enduring power of attorney

An Enduring power of attorney (EPA) is a way of legally giving another person (your attorney) or people the ability to make decisions about your property and finances on your behalf, if you have lost the capacity to do so. You can give your attorney different powers, depending on what Read the full article…

Posted in Financial News |

Minimum pension age increase to 57

The minimum age at which you can take your pension is increasing from the current age 55 to age 57, from 6 April 2028. This means that if you were born after 5 April 1973 (anyone currently younger than 50 and around 5 months) the earliest date that you can Read the full article…

Posted in Financial News |