During the mini-Budget, the Chancellor, Kwasi Kwarteng, plans to “accelerate” reforms to the pensions charge cap. This move, he said, would help to “unlock pension investments” into UK assets and high-growth businesses. Under these new pension measures, the Government has brought forward plans that exclude performance fees from the 0.75 per Read more…
Adding property investment into a wider portfolio has been a popular option for many savers for a number of years. However, now new buy-to-let landlords may face a challenge as lenders pull lower fixed-rate mortgage products from the market. At the end of September, some 37 lenders decided to remove Read more…
New data from has revealed that pension savers could be owed up to £6 billion from overpaid Stamp Duty Land Tax (SDLT). According to an analysis of tax records, hundreds of transfers of commercial properties into pension schemes may have triggered SDLT where the transactions were exempt from paying the Read more…
Although the Help to Buy ISA may have closed, its legacy has been enjoyed by more than 17,500 first-time buyers, who have enjoyed over £35 million in bonuses this year. During its lifespan, the ISA has paid out 650,000 bonuses worth £750 million, which has helped first-time buyers to purchase Read more…
