The latest Bank of England Inflation Report shows the Old Lady resigning herself to more inflation. In recent years the Bank of England (BoE) has gained an unfortunate reputation for over-optimism about the path of inflation. The BoE’s Quarterly Inflation … Continue reading →

A survey has highlighted the UK’s reluctance to save for retirement. One of the major clearing banks recently undertook a retirement planning survey across 15 countries in which it operates. Among its findings for the UK were: One third of … Continue reading →

Personal allowances will be based upon a person’s date of birth rather than their age as of the 2013/14 tax year, with allowances for older people frozen at their 2012/13 levels. People born between 6 April 1938 and 5 April … Continue reading →

The much-delayed White Paper on the future of state pensions has been published. When the Government issued a Green Paper on state pension reform last April, the expectation was that a White Paper would follow in the summer…then autumn…then before … Continue reading →