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5 things you should know about the new £20 note

Last month saw the launch of the latest new polymer banknote in the UK. The new £20 note was released in late February and becomes the third new banknote to enter circulation in the last four years. Considering that the £20 note is the most common note in this country, the introduction of a new […]

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How using a trust could save UK families £300 million each year

Back in 2017, more than 35,000 term life insurance policies paid out an average of more than £78,000. Nearly every claim was paid (98%) and tens of thousands of families/beneficiaries were supported following an unexpected bereavement, to the tune of £2.79 billion. However, HM Revenue and Customs figures from the same tax year (2016/17) show […]

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Silver start-ups: 6 reasons to embrace your entrepreneurial spirit in retirement

When you picture your retirement, what do you imagine? For some, it may be relaxing on holiday or spending more time with loved ones. But more retirees are choosing this time to launch a business. Whilst retirement may have once been exclusively been associated with putting your feet up and unwinding. Today, it’s a milestone […]

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Pension savers could be missing out on £830 million of unclaimed tax relief

One of the reasons why pensions are an excellent way to save for retirement is the tax relief you benefit from. Yet, figures suggest that pension savers could be missing out on millions of pounds that could boost their pension fund. What is pension tax relief? To encourage workers to save for retirement, the government […]

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Budget 2020 – Winners and losers

This afternoon, Rishi Sunak has delivered the first Budget of the new Conservative government. With a large majority behind him, the theme of the Chancellor’s speech was to deliver the promises made in the party’s election manifesto or, as Sunak himself repeatedly said, to ‘get things done’. Of course, the coronavirus outbreak has significantly changed […]

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Your 2020 Budget summary

After delays and the appointment of Rishi Sunak as Chancellor just weeks ago following the resignation of Sajid Javid, the Budget was finally delivered this afternoon. It’s the first to be given since the UK left the EU on 31st January 2020, with the country now in a transition period, and comes amid the coronavirus […]

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