The self-employed pension crisis

A new report from the Institute of Fiscal Studies (IFS) think tank has laid bare just how dramatically pension saving has crashed among the self-employed. Back in 1998, just shy of half (48%) of the self-employed paid into a private pension. Yet by 2018 this had...

Pensions savings to be used for house deposits

Pensions minister Guy Opperman has raised the idea of young people using money saved in a pension for a house deposit. Opperman was speaking at a webinar run by Prospect magazine when he said he was looking into ways the UK’s workplace pension system could be extended...

Ebay millionaires

Ebay has found that the number of new, self-made millionaires on its platform has risen by 35% in the last 12 months across the UK. The online retailer said it expects economic uncertainty and unemployment to create a “new wave of entrepreneurs”. The UK capitals...

Is now the time to buy British?

Gold and Bitcoin may be more popular assets among investors at the present time. However, their recent price gains and the appeal of British shares may mean that investing your money in the stock market is a superior move. The short-term prospects for cheap UK shares...

The spectre of wealth tax

The Labour Party have clearly learnt from the mistakes of the radical tax policies of the previous administration; however, they have potentially and subtly planted a dangerous seed in the mind of the Chancellor around a future wealth tax. Labour agree that now is not...

Investment trusts look attractive

Investors’ appetite for income in a dwindling market for dividends has prompted a surge in investment trust launches, with five new potential funds announced in recent weeks. After a quiet year so far for trust launches, with only one new trust floated in February,...