Author Archives: Emma

State Penson: Triple lock scrapped for 2022/23

The Government has confirmed it is suspending the State Pension “triple lock” for the coming 2022/23 tax year, due to a spike in the increase in average earnings. The “triple lock” refers to the three measures used to determine the increase in State Pension from one year to the next Read the full article…

Posted in Financial News |

August Holidays

Freedom Financial Planning will be closed from Tuesday, 17th August at 5.30pm until Monday, 30th August at 9.30am. For urgent queries, please contact Emma Greer on mobile 07885 407604, or e-mail emma@freedom-financial.co.uk.

Posted in Freedom News |

Market update – June 2021

As the vaccine rollout intensifies globally, 2021 has seen the positive investment returns from 2020 continue. The average fund in the balanced risk (IMA 20%-60% shares) sector has returned 4.1%* year to date, while the average return for the higher risk Global Equities sector is 8.8%*. Although global equity markets Read the full article…

Posted in Financial News |

How tax relief works on pensions

Getting tax relief on pensions means some of your money that would have gone to the government as tax goes into your pension instead. This makes a pension a very attractive way to save long-term for retirement. You can put as much as you want into your pension, but there Read the full article…

Posted in Financial News |

State Pension triple lock to go?

The State Pension triple lock was introduced in 2010, to guarantee the rate at which the State Pension would increase each year. The “triple lock” refers to the three measures used – the higher of the increase in average earnings, inflation (as measured by CPI) or a minimum of 2.5%. Read the full article…

Posted in Financial News |