As government bond yields typically decline as central banks cut interest rates, DB pension schemes should consider further increasing the level of interest rate hedging within the scheme, both to take advantage of the current level of government bond yields and to protect themselves against fu...
Professional Pensions is committed to the journey in becoming more sustainable. By using the guidelines set out by Ecovadis, we will be working towards the accreditation. The goal is to reduce paper consumption across events and improve recycling rates, curb food waste and alter menus with an ai...
“2024 saw the UK pensions landscape continue to evolve and there is no sign of that changing as we approach 2025. Improvements in defined benefit (DB) pension scheme funding mean that, for many, the ‘endgame’ for the pension scheme now feels tangible, instead of a distant ambition. Howe...
There were a number of announcements in respect of changes to pension limits, which apply equally to Scottish taxpayers. The main changes which will apply with effect from April 2023: the annual allowance is to increase from £40,000 to £60,000. This is the maximum amount of pension ...
Chancellor of the Exchequer Jeremy Hunt is up and says the British economy is "proving the doubters wrong" as gilt rates, mortgage rates and inflation come down. The Office for Budget Responsibility (OBR) now forecasts that the U.K. will avoid a technical recession in 2023....
The educational material offered through the app is great, and includes an in-app pension calculator that helps you see if you’re on track for your retirement income aims. Read my Hargreaves Lansdown review to learn more. Best for simplicity of design – eToro Company Overall Rating Minimum ...
If you have to complete a self-assessment form, you need to be aware of the UK tax year dates 2025. Employers can use one of two methods for dealing with pension contribution tax relief – relief at source or paid gross. Either way, they will automatically claim the first 20% on your...
December 2024 Region United Kingdom Survey time period 2002 to 2023 Supplementary notes Figures are rounded. Citation formats Citation formatsView options Other statistics on the topic Banking industry in the UK + Mortgages & Financing Average mortgage interest rates in the UK 2000-2024, by quarter...
There are no plans to launch an XTB self-invested pension (SIPP), which is a shame for those investing for retirement.Withdrawal and inactivity fees: It’s free to open and close an account with XTB, but a withdrawal fee of £5 is applied if you are taking out less than £50. ...
November 22 2024 Moira O'Neill Quick fixes to lower your inheritance tax liability Act before pension pots are swept up by the tax net Save UK economy UK consumer confidence recovers from pre-Budget dip GfK index rose three points in November as lower interest rates and higher wages help ...