Spring Statement: UK GDP revised up for 2018

In today’s Spring Statement Chancellor Philip Hammond announced the forecast for UK GDP in 2018 revising it upwards compared to previous data. Estimates from the Office for Budget Responsibility say the UK economy has grown 1.7 per cent in 2017, compared to the previous forecast of 1.5 per cent announced in the Autumn Budget in November. […]


UK pension liabilities increase to £7.6trn

The UK’s total pensions liabilities rose by just over £1trn in the five-year period from 2010 to 2015, according to figures published today by the Office for National Statistics. From 2010 to 2015 pension liabilities in nominal terms went from £6.6trn to £7.6trn and this includes state pensions, public sector pensions, company pensions and private […]

River and Mercantile sets aside £1m for FCA competition probe

River and Mercantile has set aside £1m through a reduction in director pay in response to the a recent FCA competition investigation. In its half-year update, the firm has also issued a statement on the recent departure of his high profile fund manager Philip Rodrigs. Following the FCA investigation on a breach of competition law issued in November, […]

Tax allowances and exemptions

Helen O’Hagan, Technical Manager at Prudential, looks into the planning strategies that can deliver considerable tax savings for your clients. Inheritance tax (IHT) Consider Margaret, featured on our Planning Matters family hub, who is a sprightly eighty year old with four children and several grandchildren. She’s recently been widowed and IHT planning is high on […]


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