Q. I keep reading of the “Triple Lock” for state pensions, it looks like it is a good thing, but what does it mean? A. The triple lock was introduced by the coalition in 2010 and in simple terms is a guarantee to increase the state pension every year by the higher of inflation, average… Read more »
Topic’s covered this week: Austerity wanes, while commodities and military play up UK autumn budget – implications for the economy European prospects improve ahead of key ECB decision US economic growth revised higher Commodities remain under pressure Oil rebounds as Saudi’s pledge for the first time to support prices For the latest Market Comment please… Read more »
Q. I have recently taken out a life assurance policy for the benefit of my partner and our children, and was advised to use a trust arrangement to do so. Can you explain why this is needed? A. A trust is a legal entity whereby the person setting up the trust (the “settlor”), gives property… Read more »
Topic’s covered this week: Markets on notice for December US rate rise Japan back in [technical] recession UK Autumn (budget) statement: Entrepreneurs’ and pension tax relief expected to be lowered UK: Inflation stays negative despite rising wages Fundamental insight piece: ‘Lower for longer’ will continue until ‘savings glut’ ends For the latest Market Comment please… Read more »
Q. My Parents have recently retired but are contemplating working part time to pay the remaining mortgage off. My Wife and I are in a position to repay this fully to help them out, but how will this affect our inheritance and will we become owners of my parents home? A. You can indeed pay… Read more »
