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Osborne to deliver second Budget on 8 July

Chancellor George Osborne is to deliver his second Budget of the year on 8 July. Writing in The Sun at the weekend, Osborne pledged the package of measures announced in the Budget would be a “Budget for working people”. The Treasury is yet to spell out how it will cut £10bn from the UK’s welfare […]

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Tales from the frontline on pension freedoms

It has been noticeably quiet for us on the pension front since the reforms were introduced. It appears consumers have heeded the various warnings to avoid rushing to make decisions. We expect to advise a large number of clients on pension freedoms over the next three to five years but hopefully these will be on a […]

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Annuity rates plummet to lowest level since 2012

Standard annuity rates have fallen to their lowest levels since November 2012, with the pace of decline increasing since the turn of the year, according to data published by Moneyfacts. The rate payable for an average single-life standard annuity for a 65 year old with a £10,000 pot has fallen by 5.9 per cent in […]

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