Archived News

Investment market update: August 2023

Published: September 7, 2023 by Jennifer Armstrong

Globally, signs suggest the pace of inflation is slowing. However, businesses in some sectors are struggling and weighing on economies. Read on to discover some of the factors that affected investment markets in August 2023.  According to a Purchasing Managers’ … Continue reading

Why soaring interest rates are affecting national debt and could mean tax rises

Published: by Jennifer Armstrong

High inflation and rising interest rates aren’t just affecting households, they’re affecting the UK’s public finances too. Forecasts suggest the government may need to implement tax rises to avoid debt spiralling.  According to the Office for National Statistics, at the … Continue reading

Report: 1 in 5 people will be living with a major illness in 2040

Published: by Jennifer Armstrong

New research suggests more people will be living with a major illness in the future and it could place pressure on health services. It may also have implications for household finances over the long term.  A report from the Health … Continue reading

Inheritance Tax could be scrapped to secure election votes

Published: by Jennifer Armstrong

Reports suggest that the Conservative party will make scrapping Inheritance Tax (IHT) part of its manifesto pledge in a bid to secure the general election. Frozen tax thresholds meant HMRC raked in a record amount of IHT in the last … Continue reading

8.5 million over-65s are paying Income Tax. Do you need to consider your tax liability?

Published: by Jennifer Armstrong

A combination of frozen tax thresholds and rising inflation mean an increasing number of retirees need to consider tax. Read on to find out what you need to know about Income Tax in retirement and how you could manage your … Continue reading

Should you take your pension tax-free lump sum to kickstart retirement?

Published: by Jennifer Armstrong

When you access your pension, you can often take a tax-free lump sum. While this may seem an attractive way to fund your early retirement plans, there are some essential things you need to consider first. You can usually access … Continue reading