UK in largest recession on record

The UK economy has officially entered recession with two straight quarters of economic decline for the first time in 11 years, according to official Government GDP figures.

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UK economic downturn less severe than feared

The Bank of England said it expects the economy to shrink by 9.5% in 2020, less  than the initial estimate of 14%.

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FCA move could alter investor view of property funds

The proposed six month notice period on property fund withdrawals could force investors into a longer term view of property funds. However, one Financial Planner warned of the potential inheritance tax implications

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MPs launch investigation into pension scams

The Work and Pensions Select Committee has launched an investigation into pension scams as part of its inquiry into pension freedoms.

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