UK interest rates quadruple in two months

The UK base rate may be stuck at 0.1%, but there is interest rate movement elsewhere. The Bank of England has kept its base rate below 1% for over 12 years now. The rate first dropped to 0.5% on 5 … Continue reading

Inflation: at a turning point?

We could see a jump in inflation soon. The pandemic has posed problems for the Office for National Statistics (ONS) when it comes to calculating the rate of inflation. For example: How do you measure the price of an item … Continue reading

Nurture Spring 2021

Welcome to the Spring edition of our newsletter

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Were you born after 5 April 1971?

A new consultation paper has set out more details of an increase in the normal minimum retirement age. In February the Treasury and HMRC published a consultation paper on implementing an increase in the normal minimum pension age (NMPA) from … Continue reading

Pensions lifetime allowance devaluation continues

The Budget announced a five-year freeze to the standard lifetime allowance. The standard lifetime allowance (SLA) is an important pensions number. It effectively sets the maximum tax efficient value of all your retirement benefits, in the absence of any legislative … Continue reading