3rd December 2014

Autumn Statement – Pension Freedoms Confirmed

The Chancellor confirmed the new pension death benefit rules to be introduced in April 2015:

3rd December 2014

Autumn Statement – UK Economy

According to the Chancellor, George Osborne, the UK is the fastest growing economy in the G7.

13th November 2014

Market Commentary – October 2014

A number of economic issues sparked a sharp sell-off in global equities between mid-September and mid-October, highlighted by a 7% fall in the MSCI World index.

6th November 2014

European Central Bank steps up stimulus

Mario Draghi announced on 6 November that the ECB is prepared to inject 1tr euros to stimulate the eurozone in a bid to stave off deflation.

4th November 2014

EU slashes eurozone economic forecasts

The European Commission cut its economic outlook for the eurozone on Tuesday, predicting it would grow only 1.1 per cent in 2015, down from a forecast of 1.7 per cent just six months ago.

1st October 2014

New Changes to Intestacy Law

From 1 October 2014 the rules of intestacy have been simplified with the Inheritance and Trustees' Powers Act 2014.

30th September 2014

Italian economy on path to reform to escape stagnation

Italy faces enormous challenges. The Italian economy is in its third recession since 2008, having contracted for the second consecutive quarter by 0.2% in Q2 2014.

29th September 2014

Chancellor abolishes 55% tax on pension funds at death

From April 2015, People with defined contribution pension savings will no longer have to worry about their pension savings being taxed at 55% on death.

3rd September 2014

Market Commentary – August 2014

August saw an increased divergence between Japan and the Eurozone, and the US and UK. This will be reflected by the monetary policy stance of central banks in the coming months.

1st August 2014

Market Commentary July 2014

July marked the start of the third quarter of the year and, despite fears of an escalation in political tension, markets have remained very resilient. The FTSE All-World index has risen by approximately 1% this month and both US and UK markets have experienced modest growth.