Budget 2016: The headlines

Budget 2016 150pxGeorge Osborne stood up today just after 12.30 to deliver his 8th Budget as Chancellor. With the EU referendum looming large and increasing nervousness that much of the developed world is facing an economic downturn, many experts predicted a relatively quiet Budget. Was this the case? Read on to find out. Mr Osborne started bullishly, suggesting he would report on a very positive economic outlook for the UK, which was growing at a faster rate than other developed economies, and is on course for a budget surplus. However, he quickly turned to the “headwinds” ...

How will the Queen’s speech affect your personal finances?

How will the Queen’s speech affect your personal finances?After the shock General Election victory for the Conservatives, the Queen’s Speech, which was delivered yesterday, set out the Government’s plans for the months and years to come. How will your personal finances be affected? Will you be better or worse off? Read on as we reveal all. Tax The legislation likely to have the largest impact on your personal finance is the ‘National Insurance Contributions and Finance Bill’, which includes commitments that: Income tax, VAT and National Insurance will not increase during the next five ...

Retirement: Pensioners consider taking in lodgers to help make ends meet

Retirement savingsA new survey has shown that 1 in 7 pensioners, over the age of 65, are thinking about taking in a lodger to help make ends meet. The survey by More Th>n Home Insurance highlighted just how financially stretched some pensioners are: Retiring soon? Our advisers can help you make the right decision...

Automatic Enrolment: Is the glass half full or half empty?

Auto EnrolmentSince October 2012 larger companies have begun the process of automatically enrolling their staff into workplace pensions. Earlier this week, The Pensions Regulator released new figures which showed 3,670 companies have now automatically enrolled their staff, resulting in millions more people saving towards their retirement. But depending on how you look at the figures the glass is distinctly half empty for some employees. According to The Pensions Regulator, over two million workers have now begun to save into a pension as ...