Fixed Income in the News
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Hunt brings relief to pension tax traps in ‘tinkering Budget’ – Evelyn Partners’ Head of Tax
Sian Steele, Head of Tax at wealth manager and professional services firm Evelyn Partners, says that with little or no action on…
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A new nil rate band… but not for everyone: Canada Life comments on Budget legislation re discretionary trusts
Chancellor Hunt announced in his Spring Budget there are to be changes to the taxation of low income generating discretionary trusts. The…
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Hunt scraps LTA and raises annual allowances in budget boost of retirement saving; Evelyn Partners’ Gary Smith shares his analysis and ‘surprise’ reaction
Chancellor Jeremy Hunt in his Budget today took the unexpected step of scrapping the pensions Lifetime Allowance altogether, while also raising the…
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Aegon’s Steven Cameron responds to The Chancellor’s Spring Budget pensions announcements as ‘massive rabbit from his Budget hat’
Steven Cameron, Pensions Director at Aegon, has commented on the various pensions announcements made by Jeremy Hunt this afternoon He said: “The…
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Pensions MPAA increase a boost for over 50s returning to work
After the Chancellor’s announcement in today’s Budget that the Money Purchase Annual Allowance will increase to £10,000, Jon Greer, head of retirement policy…
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Money set to ‘flood’ into pensions from higher earners following Budget – Steve Webb, LCP
A series of measures in today’s Budget will enable large numbers of people to resume pension saving or boost the level of…
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Homeowners nearly £500 better off annually than renters
The monthly cost of owning a home for first-time buyers is now £971 – £42 (4%) lower than the cost of renting…
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Chancellor announces abolition of lifetime allowance and other pensions changes – industry experts react
Following the Chancellor’s abolition of the lifetime allowance as well as other significant changes to pensions legislation in his spring budget announcement…
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Budget 2023 was about a lot more than pensions legislation – industry reaction to some of the other announcements
Chancellor of the Exchequer, Jeremy Hunt, has unveiled his plans for the UK economy as part of his Spring budget. Industry experts…
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Spring Budget 2023 – key updates from Chancellor Hunt’s ‘budget for growth’
With much of the detail of the latest Government tax and spending plans leaked over the past week or so, today’s Budget…
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