18 Dec 2013
It has been a dynamic year for the British property market and it looks as if things are set for even more changes in 2014. As construction picks up and the residential property market becomes active again, many experts warn that there might be a possible housing bubble looming.
16 Dec 2013
The Financial Services Consumer Panel (FSCP) has released a new report in which it criticises some British pension providers and insurance companies for the service they provide to customers.
11 Dec 2013
Chancellor George Osborne suggested in his Autumn Statement that investors might be allowed to include retail bonds in their individual savings accounts (ISAs). The change was proposed to reflect the increased popularity of retail bonds among investors, the Daily Telegraph reported.
09 Dec 2013
Planned changes to the UK´s state retirement system may mean that millions of workers will have to retire later than they had planned. In the long anticipated Autumn Statement, chancellor George Osborne announced the reforms, stating that the move will result in a total of £400 billion being…
04 Dec 2013
The Financial Conduct Authority (FCA) is still not ready to present its proposal on increasing capital adequacy requirements for self-invested personal pensions (SIPPs), delaying its suggestion for the second time this year.
02 Dec 2013
The British government´s plan to impose a cap on management fees for pension schemes has stirred the pot in the industry lately. While the government is expecting input from the industry on the proposed changes, pension provider Legal and General claims that the proposed 0.75% cap on fees is too…
27 Nov 2013
The number of British families that will have to pay inheritance tax is going to soar over the next five years, and the total number of estates affected by the tax is set to double from 2012 figures, the Daily Telegraph reported.
In 2012/2013, 21,000 estates fell under inheritance tax rules,…
25 Nov 2013
In 2014, approximately 38,000 UK companies will have to enrol their staff into workplace pension schemes under the next phase of the large-scale government initiative to boost pension savings in the country.
20 Nov 2013
The British government should support savers when they save into their first individual savings account (ISA) as a means to promote saving among people who have never done it before, according to the Building Societies Association (BSA).