Author Archives: Emma

The government has confirmed that the minimum age for drawing a personal pension will rise to 57 in 2028. People who pay into a pension can currently access their funds at 55, whether they contribute directly or through their employer. The increase to age 57 was announced in 2014, but Read the full article…

Many people put off making a will, but it is one of the most important things that you can do for your family. A valid will can ensure that your money, property, possessions and investments (your ‘estate’) are passed on to the people and good causes that you have chosen. Read the full article…

On 8 July 2020, during a mini budget to kick-start the economy in the wake of Covid-19, the Chancellor of the Exchequer Rishi Sunak announced there would be a temporary stamp duty holiday on the first £500,000 of property sales in England and Northern Ireland, effective immediately. Until 31 March Read the full article…

Markets have bounced back much faster than anticipated from the dramatic falls at the start of the Coronavirus crisis. In the US, the tech-dominated NASDAQ Index hit a record high on 23 June, while the more evenly weighted S&P500 Index managed to return to December 2019 levels. The rapid recovery Read the full article…

The MPAA (Money Purchase Annual Allowance) was introduced in April 2015 alongside the new pension freedom rules. It was designed to discourage individuals from taking money out of a pension to then re-invest in another pension, building up a further tax-free lump sum. The MPAA limits the amount of money Read the full article…