Pensions
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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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News Team on 24/07/2023
Individuals aged over 55 in the UK are more likely to have left work and not returned compared to their counterparts in other G7 nations, according to the latest edition of PwC's Golden Age Index
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