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Latest News

Pensions: Importance of planning for the future

25th April 2023/0 Comments/in News /by EdwardLamb

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 […]

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Budget 2023: Lifetime pension allowance scrapped

16th March 2023/0 Comments/in News /by EdwardLamb

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 […]

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Economic outlook brighter at start of 2023

27th January 2023/0 Comments/in News /by EdwardLamb

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 […]

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Season’s Greetings from Phillip Bates & Co Financial Services

16th December 2022/0 Comments/in News /by EdwardLamb

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 […]

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Autumn Statement: Chancellor continues message of “sensible stewardship”

20th November 2022/0 Comments/in News /by EdwardLamb

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 […]

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Phillip Bates & Co Financial Services Ltd is authorised and regulated by the Financial Conduct Authority. Financial Services Register No: 469998.
Registered in England & Wales, No. 3637771
Registered Office: 5 Chester Road, Neston, Cheshire CH64 9PA
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