Whilst you might expect an increase in the cash and investment ISA limit to be welcomed, at least one dissenting voice has come from Steve Webb, former Pensions Minister and current policy director at Royal London. Webb has warned that the rise in April from the current annual limit of £15,240 up to £20,000 could […]
A recent study has revealed the worrying statistic that over a fifth of all people with multiple pensions have lost track of at least one, with some admitting to have forgotten the details of all of them. With around two thirds of UK residents having more than one pension, this amounts to approximately 6.6 million […]
Probate fee increases are due to come into effect as early as May 2017. The full extent of the increase is shown in the table below: Value of estate (before inheritance tax) £ Existing fee* £ New fee £ Up to 5,000 Nil Nil 5,001 – 50,000 155/215 Nil 50,001 – 300,000 155/215 300 300,001 – […]
Recent figures suggest that house prices are set to slow during 2017. Property prices grew by 5.7% in the year to the end of January, slower than the annual growth of 6.5% in the previous month. In January, the average UK home was valued at £220,260. Whilst prices in the three months to the end […]