Annuity rates are on the route to their lowest level in three years with average income arranged on a standard basis having fallen by 5.5% since the beginning of the year.
A survey from LifeSearch suggests that more than two thirds of the UK adult population either have no life insurance or do not know whether or not they hold life insurance cover.
Interest rates in the UK remain at 0.75% and are poised to react to forthcoming changes in terms of both global growth and Brexit
The number of people in the UK saving enough for a comfortable retirement has reached a record 59%!
I really enjoyed the BBC2 programmes inside the Bank of England (iPlayer available!). However, something really struck me on the last episode.
Figures provided from HM Revenue and Customs revealed there was an 18% increase in capital gains tax receipts in 2018-19 compared to the previous year, with the amount raised reaching £9.2bn.
I am pleased to report that we have some constructive news for ex-Organic Investment management clients.
A recent survey has reported that around a third of women do not have a private pension plan, compared to a sixth of men.