In a month where the Middle East conflict rumbled on without conclusion, there was one major economic change announced in mid-September. The Fed hiked interest rates by 0.25%, the first increase since 2023. Whilst the Bank of England held, the European and Japanese Central Banks also raised their rates. Andy Burnham used his platform at …
Most of us change jobs several times during our working lives. Each move can bring a new workplace pension, and older pots can become harder to keep track of as the years pass. The scale of the issue is significant. The Pensions Policy Institute estimated that 3.3 million pension pots worth £31.1 billion were lost …
HM Revenue & Customs (HMRC) has confirmed that executors will be able to ask pension schemes to hold back up to half of what each non-exempt beneficiary is due while an inheritance tax (IHT) bill is being settled. The detail appears in HMRC’s second technical note, published on 27 August 2026. The underlying change is …
What is the triple lock? The State Pension is an important part of many people’s retirement income. At present, it normally increases each April by whichever is highest: inflation, average earnings growth or 2.5%. This is known as the triple lock, and it is designed to help protect the value of the State Pension over …
