Grandparents discussing investments

A new Pension Review

Pensioners are projected to make up a quarter of the adult population within the next 50 years because of improvements in life expectancy, according to an official review.  The number of people of State Pension Age is expected to rise by 55 per cent to 19.5 million by 2075. The number of those aged over…

A Nation of Mattress Bankers

Every so often, a survey throws up a statistic that makes you stop, smile, and wonder what’s really going on.  The Financial Conduct Authority recently published consumer research into how over 5,000 people in the UK save and invest.  It covers weighty issues: pensions, ISAs, long-term wealth planning.  But tucked away in the tables was…

Inheritance Tax 

A recent article in The Times suggested that families in London have paid three times more Inheritance Tax (IHT) than the total collected in Scotland, Wales and Northern Ireland. Estates of those who died in the capital paid £1.53 billion in the 2022-23 tax year, according to the latest HM Revenue & Customs data.  This…