View more on these topics

Pensions credit to rise by 13 per cent by 2007

Pensions credit will rise by 13 per cent, in line with earnings, between now and 2007 meaning pensioners will be guaranteed a minimum weekly income of 119 a week in two years time.

This is up from 69 a week in 1997. Those couples with a combined income of less than 212 per week will be eligible, an estimated 3.7m pensioners.

Recommended

Duffy on mortgages

FSA regulation introduced a new participant to the mortgage world – the whistleblower. This, I like. Having seen some multiparty electioneering starting to manifest itself, it is time to expose some gross derelictions of duty. I am talking about the Government’s performance on mortgages and associated issues.

Positive outlook for Insight

Insight is planning a new multi-manager absolute return fund which aims to provide a positive return under all market conditions.

IHT threshold to rise to 300,000 in 3 years

The inheritance tax threshold will be raised from 263,000 to 275,000 this year, rising to 285,000 next year and 300,000 the year after, said Chancellor Gordon Brown in his Budget speech today.He said 94 per cent of UK estates will not be liable for IHT. Rates will be frozen on capital gains tax, corporate taxation […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment