Recent stories in the press have raised concerns about pension planning or, rather, the lack of it. The Institute for Fiscal Studies has launched a wide-ranging review of the pension system, looking at whether people are saving enough and if more support is needed for people to use their funds appropriately. The Pensions Review is […]
https://pbatesfs.co.uk/wp-content/uploads/2023/04/pexels-photo-1024989.jpeg8011200EdwardLambhttps://pbatesfs.co.uk/wp-content/uploads/2016/02/logo-fs-1.pngEdwardLamb2023-04-25 14:25:062023-04-25 16:16:50Pensions: Importance of planning for the future
The decision by Chancellor Jeremy Hunt to abolish the lifetime allowance on pension pots is an important one. Within a few minutes of the Chancellor sitting down after his Budget speech, we received several enquiries from clients wanting to know the implications of the announcement. The lifetime allowance limit was first introduced by Chancellor Gordon […]
We hope your 2023 has got off to a good start. The early data suggests that the economic situation continues to look brighter than it did for much of last year. The UK inflation rate eased in December from 10.7% to 10.5% with lower prices for petrol and clothing pushing down the headline rate. While […]
https://pbatesfs.co.uk/wp-content/uploads/2021/06/pexels-photo-374894.jpeg15002250EdwardLambhttps://pbatesfs.co.uk/wp-content/uploads/2016/02/logo-fs-1.pngEdwardLamb2023-01-27 11:19:582023-01-27 11:34:36Economic outlook brighter at start of 2023
As we approach the end of 2022, we look back on what has undoubtedly been a turbulent year economically around the world. For those of us in the UK, it has also been one of the more extraordinary years politically with three different Prime Ministers. There are, however, some tentative signs that inflation may have […]
Like all smart politicians, Chancellor Jeremy Hunt talked up the need for Britons to “face into the storm” ahead of presenting his Autumn Statement. But while some sections of society will have to play their part by paying more in taxes, the statement was nowhere near as painful as some commentators had been forecasting it […]
Pensions: Importance of planning for the future
/0 Comments/in News /by EdwardLambRecent stories in the press have raised concerns about pension planning or, rather, the lack of it. The Institute for Fiscal Studies has launched a wide-ranging review of the pension system, looking at whether people are saving enough and if more support is needed for people to use their funds appropriately. The Pensions Review is […]
Budget 2023: Lifetime pension allowance scrapped
/0 Comments/in News /by EdwardLambThe decision by Chancellor Jeremy Hunt to abolish the lifetime allowance on pension pots is an important one. Within a few minutes of the Chancellor sitting down after his Budget speech, we received several enquiries from clients wanting to know the implications of the announcement. The lifetime allowance limit was first introduced by Chancellor Gordon […]
Economic outlook brighter at start of 2023
/0 Comments/in News /by EdwardLambWe hope your 2023 has got off to a good start. The early data suggests that the economic situation continues to look brighter than it did for much of last year. The UK inflation rate eased in December from 10.7% to 10.5% with lower prices for petrol and clothing pushing down the headline rate. While […]
Season’s Greetings from Phillip Bates & Co Financial Services
/0 Comments/in News /by EdwardLambAs we approach the end of 2022, we look back on what has undoubtedly been a turbulent year economically around the world. For those of us in the UK, it has also been one of the more extraordinary years politically with three different Prime Ministers. There are, however, some tentative signs that inflation may have […]
Autumn Statement: Chancellor continues message of “sensible stewardship”
/0 Comments/in News /by EdwardLambLike all smart politicians, Chancellor Jeremy Hunt talked up the need for Britons to “face into the storm” ahead of presenting his Autumn Statement. But while some sections of society will have to play their part by paying more in taxes, the statement was nowhere near as painful as some commentators had been forecasting it […]