Being able to take a tax-free lump sum out of your pension when you reach pension age certainly sounds appealing. It can help you kick-start retirement plans and fully enjoy the milestone, but is it always the right decision to make? Currently, you’re able to take a 25% lump sum from your private pension at […]

While the coronavirus pandemic has affected the health of hundreds of thousands of people worldwide, it has also had a devastating effect on small and medium-sized businesses in the UK and beyond. Following a £12 billion package of measures announced in the Budget, the Chancellor has since unveiled a substantial support package designed to help […]

As the coronavirus pandemic continues to dominate world headlines, here’s what it might mean for your pension and retirement plans. The pandemic has created uncertainty in economies around the globe. As a result, stock markets have experienced shocks and over the last few weeks have seen significant falls. Fears of a recession following the pandemic […]

Over the last few months, speculation that the Bank of England would increase its base interest rate has been mounting. However, the impact of Covid-19 has changed that, leading to the central bank making two cuts to the interest rate in quick succession. Coinciding with the 2020 Budget, the base rate was cut from 0.75%, […]