Mind the annuity gap

The Association of British Insurers has started to publish annuity tables, with some interesting results Annuity rate league tables now regularly appear in newspapers and on websites. They can be a starting point if you are thinking of converting your … Continue reading

Base rate at 0.5% until 2016…

August was not a quiet month at the Bank of England. The new Governor of the Bank of England, Mark Carney, came to the job with a ‘rock star’ central banker reputation which his predecessor, Sir Mervyn King, lacked. Mr … Continue reading

Tax rates in 2016

The Liberal Democrats have put forward their latest ideas on tax The next General Election is due on 7 May 2015 and politicians are already jostling for position, with talk of another coalition in the air. As a result, the … Continue reading

Not-so-premium bond

National Savings & Investments are cutting the prize money on premium bonds. In June, National Savings & Investments (NS&I) announced reductions of between 0.4% and 0.5% from 12 September on three of its variable rate offerings, the most significant being … Continue reading

The UK economy picks up

The latest figures for the UK economy show that growth is returning, but there is a long way to go. Cast your mind back a little over three months to late April. It was still winter and there was a … Continue reading