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 […]
Introduction Despite the claims of Brexit and the debate on triggering Article 50, it is impossible to start this commentary anywhere other than in Washington where, on January 20th, Donald Trump was inaugurated as the 45th President of the United States. It is remarkably difficult to find a news outlet that has a neutral view of […]
It seems that the pessimistic economic outlook for 2017 ultimately failed to impact on our festive grocery shopping, with supermarket sales rising faster than they have since June 2014 in the final quarter of last year. It looks like many of us left it pretty late to stock up on Christmas food and drink, however: […]
Richard Harrington, who was made pensions secretary by Theresa May soon after she assumed office as Prime Minister in July last year, recently wrote an article for This Is Money divulging his spending tips for 2017. It’s a piece littered with what could be called ‘financial advice’, so what does the new minister recommend we […]
There are no shortcuts or guarantees when it comes to achieving self-made millionaire status. That said, it can’t hurt to look at the financial habits of those who have managed to do just that to try and boost your own coffers. Here are our top tips from looking at those who’ve become millionaires by age […]
Introduction At the start of 2016, Brexit was seen as unlikely and President Trump was seen as impossible. David Cameron was busy negotiating a deal with his European counterparts which would surely secure a comfortable majority for the ‘Remain’ camp – and while Donald Trump might manage a few wins in the primaries, he’d eventually […]
The housing market is set for a slow start in the new year due to a shortage of homes for sale, according to a survey by the Royal Institute of Chartered Surveyors (RICS). Although property transactions may increase at the beginning of 2017 after slowing since the spring, the survey suggests that any acceleration is […]
A recent study has revealed that almost a third of the population are putting no money at all into savings. The report by the Social Mobility Commission found that 31% of people in Britain have nothing left to save at the end of every month, with 4% saving under £10. Around half save £100 or […]