Pensions
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News Team on 09/05/2024
Almost one million UK families will have multiple generations in retirement at the same time within the next 10 years, according to a study from St James’s Place (SJP)
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News Team on 18/04/2024
HMRC has published further guidance on the impact of the abolition of the lifetime pension allowance (LTA) in its latest newsletter on pension schemes
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News Team on 02/04/2024
Parents wishing to gift money in a tax efficient way to their children or grandchildren may wish to consider the following steps before the end of the tax year on 5 April, accountancy and business advisory firm BDO has advised
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News Team on 19/03/2024
According to new research commissioned by Brown Shipley, a Quintet Private Bank, the average age of planned retirement for wealthy individuals in the UK is 63, but this decreases for younger generations, with 18-34-year-olds aiming to retire at 58
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News Team on 03/01/2024
New research from Legal & General Retail to mark 'Divorce Day' (Tuesday 2 January) has found that 272,000 people (13 percent) have delayed their divorce due to cost-of-living pressures
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Nick Scott on 22/11/2023
National insurance cuts seem likely in the UK Chancellor Jeremy Hunt's Autumn Statement, with stamp duty land tax cuts also expected to remain permanent, according to private wealth professionals
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Will Sidery on 22/11/2023
As expected, reform of inheritance tax did not feature in UK Chancellor Jeremy Hunt’s Autumn Statement delivered to the House of Commons earlier today
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News Team on 20/11/2023
Drops in the availability of defined benefit pensions schemes mean that future generations will retire with less pension wealth than their predecessors, a report by UK think tank the Resolution Foundation found
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News Team on 21/08/2023
The top pension investor holds around £11 million in their pot, according to RBC Brewin Dolphin
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News Team on 25/07/2023
The number of families contributing to pensions for under-18s has increased significantly over the last three years, jumping 36 percent from 25,000 to 34,000 between 2018/19 and 2019/20, then another 12 percent to 38,000 in 2020/21
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