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Spring Budget 2021: Industry reacts to Sunak's 'fiscal ice age'

Spring Budget 2021: Industry reacts to Sunaks fiscal ice age Personal tax thresholds and LTA frozen How did Sunaks Budget announcements go down with the industry? Photo: HM Treasury/Flickr CC BY-NC-ND 2.0 Chancellor Rishi Sunaks Spring Budget has left analysts torn between "stealth" tax hikes and the Treasurys broader plan to stabilise the public finances. Edward Park, chief investment officer at Brooks Macdonald, said the Chancellor was caught between a rock and a hard place since "meaningful ...
United Kingdom Becky Oconnor Rachael Griffin Edward Park Brooks Macdonald Beckyo 39 Connor

Are young people heading towards a pension crisis?

Research shows an alarming number of young people aren’t saving enough, or anything, for retirement. So what can be done to change this? Feb 25, 2021 Jonathan Weinberg The younger generation of workers face a torrid financial future. Pre-pandemic, many struggled to buy their own home or save regularly. Post-pandemic, that may prove even more difficult. Rising unemployment, a drastically different working environment and tax increases to pay for government furlough and business support will ...
United Kingdom City Of Mark Pemberthy Matthew Arends David Brooks Ben Pollard

Pension: How over 55s can 'take control' of finances amid 'ongoing crisis' of COVID-19 | Personal Finance | Finance

| UPDATED: 14:26, Tue, Feb 23, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes theyll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Pension saving is considered to be important for retire...
United Kingdom Mark Pemberthy Vikki Jefferies Dave Harris Council Tax Discount Office For National Statistics

Solving the small pots problem | Money Marketing

Solving the small pots problem While many individuals have forgotten about their small pension pots, the government has not. But is its new work on the issue going to be enough? By Amanda Newman Smith 12 th February 2021 4:19 pm The trouble with auto-enrolment is that it has created too many small pension pots that get left behind when people change jobs. You know the story — someone starts a job, but within a few months they’ve got a better offer and a shiny new pension pot...
Mark Pemberthy Peter Cranwell Renny Biggins George Critchley Steve Goddard Atticus Kidd

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