Your pension and IHT

By Q3, the government is expected to provide implementation guidance on how pensions and death benefits will be treated  Any changes are likely to have the greatest impact on people with established estate plans  As proposals are not finalised, it’s wise to consider potential implications but await the final guidance before overhauling plans  Chancellor Rachel […]

News in Review

Rachel Reeves described two months of falling inflation, along with growth in real wages and GDP, as “encouraging signs”  Keir Starmer has reiterated his commitment to securing “free and open trade” in order to protect the national interest  The UN trade body UNCTAD predicted global economic growth would slow to 2.3% this year, falling below […]

News in Review

President Trump paused most tariffs for 90 days, briefly boosting global market confidence amid uncertainty  The UK economy unexpectedly grew 0.5% in February, driven by services, production and construction  The UK economy unexpectedly grew 0.5% in February, driven by services, production and construction  “We want to secure the best deal possible for British jobs and […]

Time for a spring clean? How about ‘death cleaning’ your finances?

Financial ‘death cleaning’ helps simplify finances, reduce clutter, and ensure loved ones aren’t left with financial burdens  Key steps include closing unused accounts, updating documents, maximizing tax efficiency, and reviewing investments  Open conversations with family about financial plans support intergenerational wealth planning and a smooth legacy transfer  Could your finances benefit from a spring clean? […]

Economic Review March 2025

The Chancellor cut welfare and departmental spending to restore a fiscal buffer, but risks to forecasts remain high  Inflation dipped unexpectedly but is expected to rise again due to higher energy, taxes and wage costs  Business and retail activity showed resilience, but weak manufacturing and trade tensions cloud economic prospects  Chancellor trims spending plans  Rachel […]

News in Review

US President Trump disrupted the global trade system by introducing tariffs on ‘Liberation Day’   Global markets continue to be highly volatile following the announcement  The government is to help the UK car industry cope with tariffs by relaxing electric vehicle (EV) sales targets  “This is one of the most important days… in American history. It’s our […]