News

£144 State Pension Confirmed in Queens Speech

The Queen in her traditional opening of Parliament today outlined the sweeping reforms to the state pension. As previously reported A new flat-rate state pension will be introduced in 2016 and will be worth the equivalent of £144 in today’s money.

Tesco Shopping for an Annuity

Tesco supermarket has announced that it is to extend their shopping comparison tool into the annuity market.

The announcement comes on the back of disappointing financial results, which has led to the supermarket giant to withdraw from the…
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2013 Budget areas of interest for over 50s

The Houses of Commons saw one of the busiest days of the year with the announcing of the 2013 budget. This year was different to previous years as as a result of an error made at The Evening Standard where tomorrows front page highlighting the key changes being placed on Twitter prior to the Chancellor detailing them to the House.

Use Equity Release Says Lords Report

Following the release today of the Lords Committee on Public Service and Demographic change it is clear that there are some clear challenges about how the country deals with an ageing population and the funding of the costs associated with this.

One theme is clear in the report, retirement as it is today will change. No longer can the tax payer…

'Granny' Tax protest reaches 109,000 signatures

An e-pertition protesting against the Governments proposal to cap the personal tax allowance of people over the age of 65 at £10,500 impacting their retirement income has been signed by more than 109,000 people. The e-petition was started by Arthur Streatfield and remains open until 22nd March.
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