News in Review

“The economy has recovered more quickly than expected, creating a growth dividend for the Treasury” Some interesting data was released last week, which prompted speculation as to the Chancellor’s intentions regarding the rise in National Insurance Contributions (NICs) in April. The data showed that government borrowing reached nearly £17bn in December; despite this being the […]

Gen up to protect yourself from pension scams

With pension scam losses totalling millions each year, good news came in November, when new regulations came into force to protect pension savers and stop suspicious scam transfers. From 30 November 2021, pension trustees and scheme managers received new powers to intervene. Previously pension providers were not allowed to refuse to carry out a transfer […]

Economic Review – January 2022

Economy regains pre-pandemic size The UK economy grew strongly in November to move beyond its pre-COVID level with increasing momentum recorded across all industry sectors prior to the arrival of the Omicron variant. Data released by the Office for National Statistics (ONS) revealed that the economy grew by 0.9% in November. This was much stronger […]