During Q4 2020, more people accessed their pensions and more money was withdrawn, compared to Q4 2019. A total of £2.4bn was withdrawn from pensions in Q4 2020, a 6% increase from the £2.2bn withdrawn in Q4 2019. HMRC data indicates that 360,000 people accessed their pensions in the three months to 31 December 2020, […]
Author archives: charlie
Economic Review – April 2021
News in Review
“A huge national effort” During the May Bank Holiday weekend, a momentous milestone was achieved as the UK surpassed 50 million vaccine doses administered: 34,588,600 first vaccine doses and 15,500,949 second doses. As a result of the unprecedented programme, nearly 66% of the adult population have had at least one dose, ahead of the next […]
Residential Property Review – April 2021
Commercial Property Market Review – April 2021
News in Review
“We must make decisions that will avoid the worst consequences of the climate crisis” US President Joe Biden has pledged to cut his country’s carbon emissions by 50-52% compared to 2005 levels, by the year 2030. The President unveiled the new target during his opening remarks at a two-day virtual Climate Summit, which started last […]
Vaccine sparks optimism among investors
Spring has arrived and, for the first time in what feels like a long while, hope is in the air – and we are all certainly in need of it. Positively for investors, the signs are looking increasingly optimistic, with belief growing that we are making our first steps toward meaningful economic recovery. The rapid […]
Your mortgage options during a divorce
Divorce can be an incredibly stressful time for couples and the financial impact it can have only adds to the pressure. Unfortunately, many family lawyers are predicting the stresses of the last few months to result in a post-lockdown divorce boom. For couples who own their home, one of the biggest decisions they face is […]
At sea with your finances?
If you feel a little at sea with the financial basics, you’re certainly not alone – and yet many people are needlessly ashamed of their lack of financial understanding. A recent study1 revealed that 55% of adults struggle to open up about money, with nearly one in five (18%) citing shame or embarrassment as the […]
Scottish Budget Update
On 28 January 2021, Scottish Cabinet Secretary for Finance, Kate Forbes, set out the government’s proposed spending and tax plans for 2021/22. Speaking almost a year after Scotland’s first COVID-19 case was identified, she told MSPs that the “pandemic has shaken our society and economy to the core.” Ms Forbes stated that the Budget would […]