December 2019 - Thomson Tyndall

Election Review Document – December 2019

December 13, 2019

THE ELECTORATE HAS SPOKEN – CONSERVATIVES WIN A MAJORITY The Result Is In Following six weeks of intense campaigning, the result is in. The electorate has delivered its verdict. In Britain’s first December general election in nearly 100 years, the Conservative Party has won [...]

All

Economic Review – November 2019

December 12, 2019

GROWTH SLOWEST SINCE 2010 Although the UK economy did expand during the third quarter, thereby avoiding recession, growth was weaker than expected with the annual rate of expansion the slowest in almost a decade. Gross domestic product (GDP) data released by the Office for [...]

Pensions

Drawdown retirees unaware of income flexibility

December 12, 2019

A YouGov survey commissioned by Zurich¹ has revealed that most retirees in drawdown are unaware they can vary their level of income. And, perhaps unsurprisingly, the research also found those not receiving financial advice were more likely to be in the dark. Importance of advice [...]

All

JISAs gaining in popularity

December 12, 2019

As the emphasis on intergenerational wealth planning intensifies, the popularity of the Junior ISA shows no sign of subsiding. The JISA star continues to rise, with almost 15% more plans subscribed to in 2017/18 than the previous year. Some of this growth can be attributed [...]

All

Accidental landlords could face a large tax bill

December 12, 2019

Earlier this year, the government announced plans to scrap two types of tax relief for landlords who sell a property that was once their home. Homeowners in these circumstances are often referred to as ‘accidental landlords’, as when they originally acquired the property it was [...]