Category Archives: Financial News

Market update – December 2020

As the end of the Brexit transition period on 31 December approaches, it is still not clear whether the UK and EU will be able to agree a comprehensive trade deal. Although the briefings over the past few days have been more positive, both sides still state that major gaps Read the full article…

Posted in Financial News |

Future change to defined benefit pension increases

The rate at which defined benefit (sometimes termed “final salary”) pensions increase each year is likely to reduce, due to future changes to the RPI inflation rate recently confirmed by the Treasury. RPI (Retail Prices Index) is one of three main measures of inflation, the other two being CPI (Consumer Read the full article…

Posted in Financial News |

Change of regulatory status

Freedom Financial Planning Ltd is now directly authorised by the FCA (Financial Conduct Authority). This does not affect our advice, ongoing service or client relationships in any way. Freedom Financial Planning Ltd was previously an appointed representative of the network Sanlam Partnerships Ltd, but there have been substantial increases in Read the full article…

Posted in Financial News |

Market update – October 2020

The global economy continued to recover during the third quarter after many developed countries suffered their biggest falls in quarterly GDP on record in the second quarter. Economic activity data for the summer months rebounded as restrictions were eased and most economies were allowed to reopen. However, despite positive news Read the full article…

Posted in Financial News |

Minimum pension age to increase to 57

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…

Posted in Financial News |