The new Chancellor of the Exchequer, John Healey, delivered the first Autumn Budget under Prime Minister Andy Burnham on 28th October. As expected, the Budget focused on small measures to ease the cost of living, rather than big shifts in spending or taxation. One change announced was that the planned Read the full article…

The UK state pension will increase by 3.9% from 6th April 2027, taking the flat-rate state pension to £250.70 per week (up from the previous £241.30 per week). This equates to £13,036 per year or around £1,086 per month (although state pension is normally paid on a 4-weekly basis). The Read the full article…

Global bond yields (a measure of the price of government and corporate debt) surged during August, fuelled by concerns over inflation, high levels of government debt and colossal expenditure on AI infrastructure. The benchmark 10-year US treasury bond yield recently surpassed 5%, its highest level in almost two decades. US Read the full article…

Currently, funds built up in a defined contribution pension are not normally included in your estate when you pass away, and inheritance tax does not apply. However, this is changing from 6 April 2027, when unused pension funds and death benefits are expected to form part of an individual’s estate Read the full article…

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