Higher workplace pension contributions on the way
New legislation has paved the way for important changes to automatic enrolment in workplace pensions. At the start of October, automatic enrolment in workplace pension schemes quietly celebrated its eleventh anniversary. The latest data (April 2021) from the Office for … Continue reading
UK house price decline continues
The rise in mortgage rates since early 2022 has taken its toll on house prices. Source: Nationwide, ONS. In 2023, an annual fall in house prices has become an almost standard news item around the turn of the month, when … Continue reading
Powers of attorney move one step closer to the digital age
The administration of lasting powers of attorney (LPA) is on its way to becoming fully online. In an ideal world, you should have an LPA (or its Scottish or Northern Ireland equivalent) sitting beside your will. The absence of either … Continue reading
Savings rates: don’t be caught in the numbers net
National Savings & Investments has launched two top of the savings league table one-year bonds, but the headline rates may not be your net return. The primary role of National Savings & Investments (NS&I) is “cost-effective financing for the government.” … Continue reading
A spring Budget cycle will resume shortly
The Chancellor has announced that he will issue an Autumn Statement on 22 November. Perhaps it was just coincidence, but a year to the day after Liz Truss was elected Prime Minister, the current Chancellor (and her second) announced that … Continue reading