The Financial Conduct Authority (FCA) is set to introduce a new consumer duty to better protect users of financial services.
Recently published figures showed that the cost of living rose by 5.1% in the 12 months to November, its highest rate in 10 years.
The Bank of England (BoE) has raised interest rates for the first time since the start of the coronavirus pandemic, despite growing concern over the ‘Omicron’ variant.
In November 2018, the UK State Pension age was 65 for men and women. However, this has been gradually increasing and when you receive your State Pension now, depends on when you were born. Therefore, State Pension age for all men and women will reach age 67 by 2028.
There are many tax reliefs and allowances available to investors each tax year, and it is definitely in an advisors interest to be aware of these and have an updated knowledge of these, so that they can be considered when generating a financial plan for a client.
The results of the Charity Commission 2021 Covid-19 Survey indicated that 49% of charities have lost income from fundraising activities, whilst 35% have lost income from trading and other income sources.
In 2012, due to concern that the UK population weren’t taking adequate measures to save for their retirement, the Government took the radical measure of introducing auto-enrolment.
As the COP26 summit gets underway, the world’s attention is focussed on what action we must all take to secure the planet for future generations.