The Chancellor of the Exchequer, Rachel Reeves, delivered her second Autumn Budget on 26th November. After months of speculation, the actual changes announced were more widespread than dramatic, but did include an extension of the freeze in income tax thresholds to April 2031. Other changes included a reduction in the Read the full article…
Freedom Financial Planning will be closed from 5.30pm Tuesday 16th December and will re-open at 9.30am on Monday 5th January. Throughout 2025 I have continued to provide independent financial advice that is honest, practical and straightforward. I look forward to helping my clients continue to work towards their financial goals Read the full article…
The UK state pension is expected to increase by 4.8% from 6th April 2026, taking the flat-rate state pension to £241.30 per week (up from the previous £230.25 per week). This equates to just under £12,550 per year or around £1,045 per month. The increase will be confirmed in the Read the full article…
As expected, the Federal Reserve (Fed) reduced US interest rates by 25 basis points to a range of 4% to 4.25% at the Federal Open Market Committee’s (FOMC’s) September meeting, taking the key federal funds rate to their lowest level since December 2022. This was the Fed’s first rate cut Read the full article…
If you have a money purchase pension (also known as a personal or defined contribution pension), the pension provider will normally send you an annual pension statement, detailing the current value of your pension, any contributions added over the past year and the projected value at your chosen retirement date. Read the full article…