Month: April 2016

Amongst the key announcements that came from the Budget was the introduction of a new ‘Lifetime ISA.’ By far the most attractive feature of this new form of savings account is that contributions every year will receive a healthy 25% bonus from the government. As the maximum annual contribution amount will initially be set at £4,000,...

The Chancellor will need to reduce borrowing by £32bn in 2019-20 – the biggest ever annual cash consolidation – in order to meet his Budget surplus target by the end of parliament, according to a new post-Budget briefing report published by the Resolution Foundation. The Foundation’s post-Budget report shows how the Chancellor has chosen to...

A third of people aged over 50 who are employed in the private sector are now planning to retire later than they previously hoped, Aviva’s latest Working Lives report reveals. The 2016 report – which comprises research among UK private sector employers and employees – has a particular focus on employees aged over 50, following...

Another month, another dire warning from the economic great and good. Read our full April market commentary below for more information on the latest developments throughout March. Introduction In March it was the International Monetary Fund’s turn to warn that the world faces ‘economic derailment.’ As always, the blame was laid firmly at the door...