This year’s Budget has baffled me more than most. I still cannot get my head around why a seemingly highly conservative Chancellor Jeremy Hunt threw out a decade of pensions taxation policy and effectively said “to hell with it.”
Fairness in pensions is very important, particularly when it comes to the State Pension. It is sadly, increasingly missing from Government pension policy.
The UK has an impressive 99% literacy rate, according to international studies. While this is worthy of praises I suspect the 'financial literacy' rate for the UK is just a fraction of this and the country is poorer as a result.
Reasons to be Cheerful, Part 3 has always been one of my favourite Ian Dury songs. It came to mind this week as we reported on the reasons to see a financial adviser.
For as long as I’ve been writing about Financial Planning, several decades now, people have been fretting about the 'fact' that the average age of a Financial Planner is 105 (ok a slight exaggeration) and many planners are ready to quit, leaving an empty shell of a profession.
We are often told that financial services is a boom sector and in many ways it is, employing over 1m people and bubbling with innovation and enterprise, but does all this activity mask the fact that in one key measure the sector is actually shrinking?
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