Insights

News in Review

UK GDP unexpectedly shrank in October as production fell, Budget uncertainty lingered and rate cuts may be on the cards.

Avoiding pitfalls when passing on wealth

With pensions entering the IHT net from 2027, now is the time to review your plans. Small gifts, annual allowances, and PETs can reduce Inheritance Tax—but careful planning and record-keeping are essential. 

Is your fixed rate coming to an end?

Over 350,000 UK households will face higher payments this winter as low-rate deals from 2020–2023 end. With the Autumn Budget on 26 Nov, now’s the time to review your mortgage options. Early planning can save you thousands. 

Pension access age to rise in 2028

From 6 April 2028, the normal minimum pension age rises from 55 to 57, affecting those born on or after 6 April 1973. Early access to #pension funds will be limited to ensure retirees have sufficient resources in later life.  

News in Review

This week’s News in Review sees global resilience as risks rise, UK growth slows, prices steady and energy bills climb.

Pensions set to fall within IHT net from 2027

Unspent pensions will face Inheritance Tax from 2027, with average bills rising by £34,000. The risk of double taxation makes planning vital. Reviewing your estate now ensures wealth is protected and passed on as intended. 

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