Workplace pension contributions more than double

8 May 2018

The percentage of salary employers and employees must contribute to a workplace pension has increased from 6 April 2018. Employees will now contribute three per cent (up from one per cent) of their annual salary into a personal workplace pension,

Read more...

Cut to Stamp Duty benefits 70,000 first-time homeowners

8 May 2018

Almost 70,000 individuals have benefited from average savings of around £2,300 since Chancellor Philip Hammond introduced a new Stamp Duty Land Tax (SDLT) relief for first-time buyers in his autumn 2017 Budget. Purchases of up to £500,000 by first-time buyers

Read more...

Mortgage affordability hits record high not seen since the 90s

25 Apr 2018

A new report from the Halifax shows that the amount of homeowners’ disposable income paid into a mortgage has shrunk to levels not seen since the mid-1990s. The bank said that typical mortgage payments accounted for less than a third

Read more...

Thousands of parents and caregivers missing out on pension benefits

25 Apr 2018

It has been estimated that as many as 100,000 pensioners and family members could be missing out on National Insurance Credits to top up their pension funds. Information obtained from a freedom of information request submitted to HM Revenue &

Read more...

Women lose out financially due to lack of confidence, according to new report

25 Apr 2018

Only one in three women describe themselves as very or extremely confident when it comes to their finances, according to a new survey by ISA provider Scottish Friendly. Their latest Disposable Income Index (DII) has revealed that while nearly half

Read more...

Spring Statement 2018

12 Mar 2018

By the time Chancellor Philip Hammond rose to his feet in the House of Commons to deliver the first Spring Statement, he had already offered plenty of hints that this would be a low-key affair. Gone was the primetime Wednesday

Read more...

The number of millionaire households is on the rise in the UK

8 Mar 2018

The Office for National Statistics (ONS) has released a new report that shows that the number of UK households that could consider themselves as millionaires rose by nearly a third in just two years. Around 3.6 million households in Britain

Read more...

First-time buyer numbers hit a record ‘11-year high’

8 Mar 2018

The number of people taking their first step on to the property ladder hit an 11 year high in 2017, according to trade association, UK Finance. Last year there were 365,000 first-time buyers in the UK – an increase of

Read more...

Auto-enrolment final deadline passes

8 Feb 2018

By 1 February 2018, all employers must have a workplace pension plan in place under the Government’s automatic enrolment scheme. Launched back in October 2012, auto-enrolment has seen millions of workers across the UK enrolled into workplace pension schemes. The

Read more...

How is Q1 shaping up for the global markets and investments?

8 Feb 2018

With high levels of uncertainty as a result of Brexit and fluctuating markets, many will have started 2018 wondering where the best place is to put their money to make the greatest return. In 2017, we saw the first base

Read more...