Jun 27, 2021 | Newsletter
A surge in oil prices and a rise in household gas and electricity bills pushed UK inflation to 1.5% in April, its highest level since the start of the coronavirus pandemic in March 2020, according to official figures. An increase in the cost of clothing and footwear...
Jun 25, 2021 | Newsletter
Recently we almost saw cryptocurrency’s Black Wednesday. In the space of a few hours, Bitcoin’s price fell by up to 30%, from about $43,000 to around $31,000, before rebounding. As of now, it’s far from its all-time high of more than $63,000, reached just last month,...
Jun 23, 2021 | Newsletter
It is generally regarded as a truism that the UK is embroiled in a love affair with property. This has been put to the test more rigorously than ever before over the past 15 months, with the Covid-19 crisis and sudden implementation of Brexit putting the brakes on...
Jun 21, 2021 | Newsletter
Without question, we’re now seeing a resurgence of above average inflation and commentators believe it will only get worse. Some have been saying for a while that investors should find assets that will protect their portfolio from the ravages of inflation and is...
Jun 17, 2021 | Newsletter
The Pensions Regulator (TPR) chief executive, Charles Counsell, has urged companies in the gig economy to proactively begin work on enrolling their employees into pension schemes, rather than dealing with the issue on a “case by case basis”. The comments, made as part...
Jun 15, 2021 | Newsletter
The Supreme Court has ruled that there should be no charge to inheritance tax on a transfer to an individual’s personal pension plan. The case was brought to the Supreme Court when Mrs Rachel Staveley who, before she passed away in 2006, transferred her pension fund...
Jun 13, 2021 | Newsletter
People who hold more than one job are at risk of a poorer retirement due to missing out on employer pension contributions. Auto-enrolment was introduced in order to encourage people to save more in their pensions during their working years, due to concerns that we...
Jun 11, 2021 | Newsletter
The governor of the Bank of England on Thursday warned inflation was likely to be “a bit bumpy” this year but insisted there was little reason to panic over the medium term. His comments come shortly after the central bank upgraded its outlook for the U.K. economy....