by hollyelaine | Oct 11, 2024 | budget, government, labour, october, pensions, taxfreelumpsum, UK
After 14 years of Conservative leadership, Labour’s July 2024 general election victory means that it is the new chancellor, Rachel Reeves, who will deliver the UK’s Autumn Budget next month. Having already spoken at length about the £22 billion “black hole” in the...
by hollyelaine | Nov 2, 2023 | budget, economy, stock market, Uncategorised
A look at the FTSE All-Share Index over the last 25 years highlights two key points about stock market investing: Z Short-term volatility is to be expected Z The general trend of markets is upward Despite visible dips coinciding with (among other events) the Iraq War,...
by hollyelaine | Feb 13, 2023 | budget, long term care, pensions
It depends on your individual financial situation and goals. Consider the following factors before consolidating pensions: Z Fees and charges associated with each pension Z Investment options and performance of each pension Z Access to pension benefits e.g. age,...
by Psyphadeejay | Jul 11, 2022 | budget, economy, stock market
Back in March 2020, the BBC reported on the effect of coronavirus on global markets. The FTSE 100, the S&P 500, and the Dow all suffered their worst days in 30 years. A slow pandemic recoveryfollowed. Now, as we head into summer 2022, what can the last 12 months...
by Psyphadeejay | May 23, 2014 | budget, pensions
There has been a surge in pension advice enquiries Post Budget 2014. The diversity of potential products available post-retirement was encouraging people to seek advice. Credencis say: “Annuities remain an inflexible solution, and you no longer own your pension pot....
by Psyphadeejay | Mar 20, 2014 | budget, ISAs, pensions
The Budget 2014 really was fantastic news for savers and investors looking to retire in the future. As things stand pension investors aged 55 or over can normally take up to 25% of their pension as tax-free cash, and a taxable income from the rest. Today George...
