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State pension age hits the 67 threshold

Were you born after 5 April 1960? There can sometimes be a long period between when legislation becomes law and when it takes effect. The delay is often due to the legislation being only a broad framework to which a…

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House prices versus inflation

Bricks and mortar are not always a sure-fire winner. From January 2016 to January 2026, did house prices grow faster than inflation? The answer is in the graph below.     Source: Nationwide,…

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Are today's mid-lifers facing a future retirement crisis?

New research reveals that five million mid-lifers, aged 40–54, face a difficult retirement. The retirement landscape in the UK has changed significantly over the last 50 years: In 1978, the State pension…

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Weighing up the incentives and disincentives of your tax bill

Just how much is tax disincentivising you? The latest Economic and Fiscal Outlook from the Office for Budget Responsibility (OBR) had some disconcerting words to share. Published alongside the Chancellor’s Spring…

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A noisy first quarter but what are the results?

Investment markets reacted sharply to Donald Trump’s Iran ‘excursion’ in March, but over the quarter there was not as much change as the headlines might have made you…

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It's not just how long you live...

New research from the Office for National Statistics casts a different light on life expectancy. Source: ONS “How long am I going to live?’ is one of those questions that we tend to pay more attention…

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The case of the missing pension tax relief

Are you missing out on tax relief for your pension contributions? A ‘Supplementary forecast information release’ from the Office for Budget Responsibility (OBR) on ‘Costing of charging NICs on salary…

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Are you ready for April's tax and pension changes?

6 April brings a variety of changes to the tax rules. The start of the tax year on Monday 6 April (Easter Monday) heralds a variety of changes to tax and pension rules, few of them welcome. Dividend tax The rate of…

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12 years later, annuities are back

As a means of drawing income in retirement, annuities have made a comeback, and for good reasons.   In 2014, the then Chancellor (and now podcaster), George Osborne, pulled a rabbit out of the Budget hat that…

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Inheritance tax and pensions changes hit Lords scrutiny

A House of Lords committee has been highly critical of the government’s proposals on inheritance tax (IHT) and pensions. Cynics might expect members of the House of Lords to have more than a passing interest in…

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