Pensions & Politics
I attended a seminar yesterday at which former Pensions Minister Steve Webb spoke. He now works for a pension provider in both the private client and corporate markets, Royal London. Read more
Autumn Statement 2016 – a view
Autumn Statement 2016 – a view
This year’s Autumn Statement appears to be fairly neutral. It would have been better to have a much larger spend on infrastructure projects to boost the economy at this delicate stage in our post-Brexit vote world. Read more
LISA (Lifetime ISA) – mixed opinions on product value
LISA (Lifetime ISA) – mixed opinions on product value
The Lifetime ISA or LISA is due to be launched in April 2017 but is already getting a mix of coverage within the media.
The LISA is intended to encourage younger people to save; either to buy a home or for their retirement. Savings are heavily supported by contributions by the government and there is functionality not present in a pension to allow the saver to withdraw savings to buy a first home. Read more
Property Fund Suspension
Following the recent vote to leave the EU there has been a wave of property funds being suspended from multiple providers. Nearly £18 billion of assets have been frozen within the funds that have temporarily seized trading. The decisions to suspend property funds have been made by each provider to protect shareholder’s interests by avoiding having to make heavily discounted sales. Read more