Financial News

What are the investment consequences of the surprise US election result? The arrival of Donald Trump marks a change of direction for the US government from the near status quo that Hillary Clinton was offering. Quite what the new direction is remains unclear. On the one...

The Treasury has changed its mind about allowing the sale of pension annuities. When pensions flexibility was announced in March 2014, one of the inevitable criticisms was that the reform came too late for those who had already turned their pension pot into an annuity....

Sterling’s fall is boosting dividend payments. On the day of the referendum, a pound would buy you nearly $1.50. It dropped sharply in the wake of the vote and then spent about three months churning between roughly $1.35 and $1.30. October produced another leg down...

Inflation rose to 1% in September, but that will not be the end of the story. Last month a spat between Tesco and Unilever over the pricing of products under a new contract saw Marmite temporarily removed from the shelves of Tesco’s internet shopping website....

The pre-Autumn Statement rumour mill is suggesting a radical reform of pension contribution tax relief. Could tax relief for pension contributions be based on your age rather than the rate of income tax you pay? It may sound strange, but one idea doing the rounds is...

 The government has published an independent review on the state pension system. There was a time when it was all so simple: men drew their state pension from age 65 and women from age 60. That all started to change in the mid-1990s, when the...

The third quarter of 2016 was not the meltdown it threatened to be after the referendum. The final days of the second quarter of 2016 were dominated by the fall-out from the outcome of the referendum on 23 June.  It was, to put it mildly, a...

The previous Chancellor’s plans to launch a Lifetime ISA (LISA) have been given a fresh breath of life. In his final Budget last March, one of the surprises George Osborne produced was the Lifetime ISA, known as the LISA to everyone except HM Treasury. As a...

The Treasury has confirmed that the Autumn Statement will be on 23 November. When George Osborne was replaced as Chancellor in July, his successor, Philip Hammond, deliberately avoided taking any action. He left the immediate economic response to Mark Carney and the Monetary Policy Committee at...

New statistics from HMRC show that cash is still a popular ISA investment, despite ultra-low interest rates. In early summer the Financial Conduct Authority published a report looking at easy access cash interest rates for savings account and cash ISAs. The regulator surveyed the lowest rates...