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2 months ago | 
moneymarketing.co.uk | Tom Browne |Billy Burrows |Momodou Musa Touray |Greg Moss
Nucleus has enhanced its suite of technical product resources for financial advisers with the introduction of updated pension calculation tools. These tools are designed to streamline pension calculations, saving advisers time and helping them stay informed about complex pension policies and legislative changes.
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2 months ago | 
moneymarketing.co.uk | Andy Bell |Darius McQuaid |Kimberley Dondo |Billy Burrows
After a rocky first six months in charge of the nation’s finances, chancellor Rachel Reeves is in political ‘reset’ mode, with a clear focus on shifting the conversation away from ‘difficult decisions’ and towards the central challenge facing the UK – delivering sustained economic growth. The first stage of that reset took aim at the role of various regulators, including the Financial Conduct Authority, in both lubricating capital flows and removing barriers to growth.
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Jan 9, 2025 | 
thisismoney.co.uk | Billy Burrows
William Burrows runs The Annuity Project and is a financial adviser at Eadon & Co.There is no doubt that Rachel Reeves' announcement that from April 2027 unused pension pots will be subject to inheritance tax is bad news, but is it as bad as many people are saying?
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Jan 9, 2025 | 
msn.com | Billy Burrows
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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Nov 1, 2024 | 
moneymarketing.co.uk | Billy Burrows |Kimberley Dondo
This week’s Budget did not change the rules on tax-free cash as many pundits forecasted but it will bring unused pensions into inheritance tax (IHT) calculations from April 2027. At present, when someone dies, any unused pensions and death benefits can be paid to beneficiaries without attracting IHT. Under the new rules, the value of unused pensions and death benefits will be added to a person’s estate and may, therefore, be subject to the tax.
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Aug 14, 2024 | 
moneymarketing.co.uk | Billy Burrows |Ian McKenna |ian mckenna |Tony Wickenden |Boya Wang
Does the Bank of England cutting interest rates for the first time since 2020 earlier this month signal the start of cuts to annuity rates, too? The short answer? Yes. But the longer answer is that it depends on what happens in the bond markets. Annuity rates began to fall after the start of the credit crunch in 2008 and the downward spiral accelerated in 2011 until the 2016 EU referendum vote when they hit their lowest levels in living memory.
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Feb 21, 2024 | 
moneymarketing.co.uk | Billy Burrows |Nick Eatock
The great annuity revival started in the summer of 2020, when bond yields began to rise from the lowest point in recent history. As the table below shows, the big leap in annuity rates came in 2022. In 2023, rates were stable, suggesting the peak has passed for the time being.
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Dec 19, 2023 | 
moneymarketing.co.uk | Dan Cooper |Alistair McQueen |Billy Burrows
Aegon UK has signaled its commitment to biodiversity protection and restoration by signing the Finance for Biodiversity Pledge. In total 163 financial institutions representing 25 countries and over €21.7 trn in combined assets (under management) signed the pledge in 2023. Those who have done so confirm they are committed through their investments and finance activities to reversing nature loss in 2030.
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Dec 13, 2023 | 
moneymarketing.co.uk | Dan Cooper |Billy Burrows
deVere Group, has issued an urgent warning to clients and investors about a fraudulent website operating under the domain devere-me.com. It said the deceptive platform is falsely presenting itself as an official deVere Group website and engaging in suspected fraudulent activities, putting individuals – and their funds – at risk.
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Dec 8, 2023 | 
moneymarketing.co.uk | Alistair McQueen |Billy Burrows |Tom Redmayne
How are you feeling? Every year the Office for National Statistics gives us an insight into the mood of the nation. On balance, the latest figures tell us we’re a pretty resilient bunch. On a scale of one to 10, we give ourselves a score of 7.4 on the happiness index. Times appear to be toughest when we’re in mid life, from about ages of 45 to 55. The pressures facing this “sandwich generation” are well documented, and rightly noted. But post-55, something remarkable happens.
