Pension Investment Insurance Tax News

Published / Last Updated on 06/07/2019

Here you will find the latest new on money, tax, personal finance, pension, investment and financial advice planning.

CPI Inflation Rises February 2019 CPI Inflation Rises February 2019 The Consumer Prices Index (CPI) was up in February 2019 to 1.9% pa from 1.8% pa in January 2019. CPI is a rate set by goods brought by households and ... Compensation Limit Up to 350000 Compensation Limit Up to 350000 An increase to the Financial Ombudsman Service (FOS) compensation limit has been announced by the Financial Conduct Authority (FCA) and will rise from £150,000 to £350,000. The limit will ... Key Points from Spring Statement Key Points from Spring Statement Key Points from Chancellor’s Spring Statement (Thursday 13th March 2019): Mr Hammond assured us that measures have been taken to ensure the UK will keep good working relationships within the ... Zero Tariff Scheme Details Released if No Deal Brexit Zero Tariff Scheme Details Released if No Deal Brexit Under a temporary scheme, 87% of imports will have zero tariffs, the government has revealed should there be a 'No Deal' Brexit. Tariffs will still be in place for some ... Pound Strong then Weak On Brexit Chaos Pound Strong then Weak On Brexit Chaos The pounds rose early today as Theresa May arrived back from Strasbourg last night looking to secure Brexit assurances from European Union. The pound rose to $1.3290 as Theresa May ... Fingerprint Debit Card Trial Fingerprint Debit Card Trial NatWest is trialling a new way for customers to pay for items in April 2019. Some customers will soon be able to stop having to remember their pin numbers ... Zero Tariffs if No Deal Brexit Zero Tariffs if No Deal Brexit Reports circulating yesterday suggest that the government will reduce tariffs by up to 90% on most imports and could even remove tariffs altogether on car parts and some agricultural ... Cash Could All But Disappear By 2026 Cash Could All But Disappear By 2026 Research commissioned by cash machine/ATM operator Link suggests that cash could disappear by 2026 if the Government and Regulators do not take action to protect its existence as well ... Premium Bond ERNIE Gets An Upgrade Premium Bond ERNIE Gets An Upgrade National Savings and Investments (NS&I) has introduced a new ERNIE (Electronic Random Number Indicator Equipment) for premium bonds. ERNIE 5 is the latest addition to the Premium Bond number ... Big Bank IT Crash Every 2 Weeks Big Bank IT Crash Every 2 Weeks According to the consumer group Which? UK banks IT systems crash or have a security issue more than once day. In April 2018, the Financial Conduct Authority made it compulsory ... 50 pc Savings Bonus with Help to Save Scheme 50 pc Savings Bonus with Help to Save Scheme Over 90,000 people have taken advantage of the new Help to Save account scheme through the Government. The account provides a 50p reward bonus for every £1 saved and has ... More 26 Best of British Alphabet 10p Coins More 26 Best of British Alphabet 10p Coins More special edition 10p coins are to be released into circulation this month. The Royal Mint has announced more 2 million commemorative alphabet 10p coins featuring the ‘Best of British’ ... Brexit Delay Pound Rises and FTSE Falls Brexit Delay Pound Rises and FTSE Falls The pound has risen by 0.34% against the Euro and 0.64% higher against the dollar (at the time of writing today 3pm) due to delayed Brexit plans. Prime Minister, Theresa ... Markets Rise as US Postpones Tariff Increases on China Markets Rise as US Postpones Tariff Increases on China The US Government has postponed tariff increases on China as Donald Trump continues trade talks with Xi Jinping, the Chinese President. Originally, increases in tariffs were set to come into ... More Stamp Duty for Non-UK Resident Property Purchases More Stamp Duty for Non-UK Resident Property Purchases A proposal of a 1% Stamp Duty Land Tax (SDLT) surcharge for residential property purchases by Non-UK residents has been published by HMRC. This is on top of the ...

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