Entries by Shona

Pension cold calling ban: What does it mean for scams?

The long-awaited pension cold calling ban came into effect on the 9th January 2019. In a bid to protect pensioners being targeted by fraudsters, the ban has now been approved into law. It’s a move that should help the Financial Conduct Authority (FCA) and other organisations reduce pension fraud. Previous figures released by the FCA […]

Scottish Budget 2018: Were you a winner or a loser?

Scottish Budget 2018: Winners and Losers Against a backdrop of Brexit uncertainty, Derek Mackay, Finance Secretary of Scotland, delivered his draft budget. It’s perhaps unsurprising that Brexit and the potential effects featured heavily in the Budget speech, with the Finance Secretary declaring that ‘any kind of Brexit will make us poorer. He then added: “This […]

Scottish Budget 2018: Everything you need to know

Scottish budget 2018: As Brexit and economic uncertainty continues, Scottish Finance Secretary Derek Mackay set out the tax and spending agenda for the year ahead at Holyrood on Wednesday 12th December. Beginning his delivery, Mackay outlined a vision of building a ‘strong and stable’ government that would ‘safeguard’ Scotland during the Brexit process. While Chancellor […]

Autumn Budget 2018: Were you a winner or a loser?

Will you be better or worse off because of today’s Autumn Budget? In a relatively quiet Autumn Budget our summary answers that question, please read on to find out. Winners Earners The personal allowance and higher rate threshold will increase earlier than expected to £12,500 and £50,000 respectively from April 2019. The income tax rates […]

Autumn Budget 2018: Everything you need to know

Autumn Budget 2018: Just after 3.30 pm today the Chancellor, Philip Hammond, stood up to deliver the first Budget on a Monday since 1962 and the last before Brexit. He started by saying this would be a Budget for “hard-working families … who live their lives far from this place … and care little for […]

Stock market fluctuations: Keeping the declines in context

The Stock market declines have once again made headlines. The FTSE 100 fell for a second day on Thursday 11th October, taking its shares more than 10% below their peak in May; the definition of a market correction. Reflecting market wide turbulence, it’s understandable if the fall has prompted a sense of uneasiness where your […]

Have you considered the cost of care in retirement?

In the next 20 years, the number of elderly people needing constant care is expected to double. You’ve probably thought about how long your pension needs to last and whether you’re saving enough. But have you factored in the cost of care in retirement? By 2035, it’s expected there will be 446,000 adults aged over […]

Sustainable investment continues to grow: Do ethics affect your investment choices?

Sustainable investment: Investors are increasingly investing their money with sustainability concerns in mind, figures show. As October marks Good Money Week, we take a closer look at what ethical investing is and how the market’s growing. It’s predicted that the UK’s ethical sustainable investment market will grow by 173% by 2027, according to research from […]

Could your retirement income be below minimum wage?

The number of people saving into a Workplace Pension has reached a record high. But far from providing a comfortable retirement income, those making minimum contributions could face an unexpected shortfall when the time comes to giving up work. Pensioners could have less than minimum wage to live on, despite making monthly pension contributions, according […]