The Labour Party has committed to a full-scale review of the retirement savings and pensions landscape that will inform a ‘new approach’ for the sector if it comes into power at the general election. In a publication outlining plans for the financial services sector under a Labour government, the party said it intended to launch […]
A record £1.13bn was invested in VCTs the 2021/22 tax year and £1.08bn invested in the 2022/2023 tax year Diana French The UK stands as the biggest venture capital market in Europe, a hub for creating more billion-pound companies than any other European country, writes Triple Point’s Diana French. At the end of 2022, the […]
As 2023 draws to a close, we reflect on the year that was and the events and circumstances that have shaped our world over the last several years. The global landscape has been complex and trying, impacting our lives and the markets in ways we could never have predicted. In addition to the aftermath of […]
The chancellor has announced a £320m plan to drive innovation and unlock the first tranche from his Mansion House reforms. The measures from the reforms are expected to provide an extra £1,000 for people’s pension pots every year. Jeremy Hunt’s Mansion House speech on 10 July included a “bumper package” of pension papers and consultations. […]
A tenth of respondents aged over 40 said they had given what they considered to be a living inheritance in the past three years, according to a survey by Interactive Investor. Article continues after advert A living inheritances is when someone passes on significant sums to family while still alive. They become especially relevant when […]
nflation has held steady at 6.7 per cent, but this month’s figure forms the final part in the triple lock puzzle and puts pensioners on course for an 8.5 per cent increase in state pension next year. Article continues after advert The consumer prices index rose 6.7 per cent in September, stagnant from 6.7 per […]
HMRC pension data, published this morning (September 27), revealed the total value of annual allowance charges reported by schemes for tax year 2021/22 was £335mn, up from £202mn reported for 2020/21. There was also an increase in the number of individuals reporting through their tax return that they made pension contributions in excess of the […]
The high gilt yields on offer should not lead investors to neglect other parts of the fixed income market The imposing classical upper facade of the Bank of England’s headquarters building on Threadneedle Street in the City of London. In early July, the UK government issued a two-year bond with a yield of 5.668% – […]
The government has confirmed this year’s (2023) Autumn Statement will take place on 22 November, with the pledge to half inflation being the main focus. Halving inflation this year is one of prime ministers Rishi Sunak’s five promises which he and his government has committed to. Commentators have assessed the main objectives of the government. […]
Investors interested in helping to solve water-related challenges in their portfolio have access to a range of funds with this objective, Dominic Rowles, lead ESG analyst at Hargreaves Lansdown, has said. Article continues after advert These include funds that invest in companies across all stages of the water value chain, from those creating pumps and […]