News - Page 76 of 105 - Auto Enrolment

“Growth is being accompanied by an unprecedented rise in inflationary pressures” A closely monitored survey, released last week, suggests the UK economy unexpectedly regained momentum during October. The preliminary reading of the IHS Markit/CIPS Composite Purchasing Managers’ Index (PMI) rose to 56.8, up from 54.9 in September. This represents the largest monthly increase since May […]

COP26 – working together to tackle the climate crisis

The United Nation’s 26th Conference of the Parties – COP26 – is recognised as the most important climate change event since the 2015 Paris Agreement. Due to be held this November in Glasgow, the summit will bring together world leaders to build on the work left unfinished by COP25 and the goals set out in […]

Lockdown savings? Should you overpay on your mortgage?

Some families have found it easier to save more than normal during the pandemic, due to reduced outgoings on things like commuting, holidays and entertainment. If you have a mortgage, overpaying is one option worth considering. Benefits of overpaying In a low-rate environment, savings rates are likely to be lower than your mortgage rate, so […]

In the news – Home Finance

Interest in equity release More than half (57%) of homeowners have expressed interest in releasing equity from their property, according to the Equity Release Council. Across all ages, the most popular reason is to boost pension income and savings, followed by paying for care support at home. The total housing equity available to retirees and […]

Commercial Property Market Review – October 2021 Read More

News in Review

‘Global cooperation is key to addressing our shared challenges as we emerge from the pandemic’ Chancellor Rishi Sunak stressed the importance of nations working together to tackle supply chain issues at a meeting of G7 (Group of Seven) nations in Washington last week. The meeting of finance ministers and central bank governors discussed the importance […]

Money – In the news

A third are indebted as they enter retirement Retirement. That much-awaited time when, after paying off your mortgage and accumulating a pension pot, you stop work and sail off into the sunset to enjoy your twilight years. Unfortunately, not every retiree’s story matches this ideal. Indeed, far from having everything paid off, it has been […]

Wealth – In the news

ESG assets to top $50trn by 2025 ESG assets are forecast to exceed $50trn (£36.5trn) – over a third of projected global assets – by 2025, according to Bloomberg Intelligence1. The analysis comes as environmental, social and governance factors are becoming increasingly important to investors across the globe. “The pandemic and the global race to […]

National Insurance and dividend tax rises

A new health and social care tax will be introduced across the UK from April 2022. The tax will initially begin as a 1.25 percentage point increase in National Insurance, paid by both workers and employers. From April 2023, it will become a separate tax on earned income, calculated in the same way as National […]

Strongest seller’s market in ten years

Nearly seven in ten properties up for sale (68%) across the UK found a buyer in the year to June 2021, according to Rightmove data1 – the highest percentage in a decade. This is significantly higher than the average 53% of homes that found a buyer between 2012 and early 2020. Scotland leads the way […]