Chancellor Philip Hammond MP has doubled the annual investment limit for Enterprise Investment Schemes from £1m to £2m, as long as those schemes are hi-tech ‘knowledge-intensive companies.’

Financial Planners have reacted with relief that pensions were largely left untouched by the Chancellor in today’s Budget and were broadly positive on some of the moves to help first time buyers.

One of the most surprising and significant tax cutting moves in today’s Budget by Chancellor Philip Hammond was his decision to help younger house buyers by axing stamp duty on the first £300,000 of purchase price.

Here are some of the key points from the Chancellor’s Budget Nov 2017 announcements today:

The Personal Finance Society has awarded a posthumous Lifetime Achievement Award to pensions legend Mike Morrison who died suddenly aged 55 recently and whose funeral took place this week.

Old Mutual Global Investors is exiting the ISA and investment account markets and planning to transfer most of its 8,300 clients to Hargreaves Lansdown.



The latest edition of Financial Planning Today magazine, our popular publication for Financial Planners, Paraplanners, Wealth Managers and IFAs, has been published and is available to read online.

To coincide with the Black Friday shopping frenzy today, pension and software provider Selectapension is offering financial advisers up to £100 off all new subscriptions.

Aviva is to give all parents employed by Aviva in the UK - both male and female - 26 weeks leave at full basic pay on the arrival of a new child, regardless of their gender, sexual orientation or how they become a parent.

The Personal Finance Awards have taken place in London this week with top awards announced plus a number of special awards made.