News & Insights - Page 11 of 21

IHT reporting – all change

June 21, 2022

Keeping up to date with tax changes can be challenging and you may have missed this one in relation to the reporting of Inheritance Tax (IHT), especially as it’s not something most of us will deal with very often. ‘Excepted estate’ The changes came in [...]

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In your 40s? Is your pension age changing?

June 8, 2022

More than four in five people in their 40s are unaware that the age at which they can access their pension might be about to change, according to research from the Pensions Management Institute (PMI)¹. The normal minimum pension age (NMPA) is set to move [...]

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Pensioners sitting on cash ISAs

June 8, 2022

An alarming set of data has come to light. Over three million pensioners are holding all of their ISA savings in cash!¹ The analysis highlighted that during the most recent year for which figures were available (2018/19), there were 5.8 million over-65s holding ISAs, valued [...]

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Economic Review – May 2022

June 1, 2022

Bank warns of deteriorating outlook The Bank of England (BoE) has warned that the UK faces a “sharp economic slowdown” in the coming months as it continues to raise interest rates in a bid to dampen rapidly rising prices. Following its early-May meeting, the BoE’s [...]

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Thomson Tyndall – Market Update

May 9, 2022

So much has happened since January when we last updated our view of the markets, that it is perhaps time to take stock again. The biggest changes are of course: War in Europe This came as a shock to almost everyone and there is [...]

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This is your life – look after it

May 8, 2022

Only a quarter of Brits have life insurance or critical illness cover policies in place, despite two in five knowing someone who has had a serious accident or been too ill to work, a study² has found Compared to protection for our homes (55%), cars [...]

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Get your ducks in a row for the 2022/23 tax year

April 20, 2022

Effective tax planning strategies can help shield you from the chill this spring. While there’s minimal change in the operation and structure of the taxation of UK individuals in the 2022/23 tax year, the ‘no change’ element is significant. Excluding the 1.25 percentage point increase [...]

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Getting a mortgage when retired – what you need to know

March 28, 2022

Becoming a homeowner later in life is not uncommon these days, but is it possible to get a mortgage if you’re retired? All the fives It’s true that getting a mortgage becomes a lot harder after the age of 55. First because it is more [...]

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Spring Forecast Statement

March 24, 2022

Following the Chancellor’s Spring Forecast Statement, we have produced an overview of the key points. Click here to read more.

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Making savings for your children work

March 10, 2022

Many parents are keen to give their children a flying start financially by putting aside money throughout their childhood. Mums have been shown to be more likely to take the lead in this area, with most savings being held in cash products, such as cash [...]