Bank of England cuts interest rates to new record low and restarts QE
The Bank of England has cut UK interest rates to a new record low of 0.25%. This is the first change in interest rates since March 2009.
The Bank of England has also announced it will pump a further £70 …
What is a UK corporate bond?
A UK corporate bond is a loan to a UK business. An investor in a UK corporate bond is essentially giving a loan to a UK business. Typical investors in corporate bonds would include pension funds, banks & insurance …
Happy new tax year
Today (6th April) marks the start of the 2016/17 tax year. This means you can now start to utilise your pension and ISA allowances for tax year 2016/17.
Farrell Financial Planning are in the process of updating our website for …
Lifetime ISA (LISA) – a whole new savings vehicle
The Chancellor has unveiled plans to introduce a new Lifetime ISA (LISA) from April 2017. This is an extra savings vehicle for younger savers.
LISAs will only be available to savers between the ages of 18 and 40. Savers will …
Budget 2016 – a date for your diary
Chancellor George Osborne will deliver his 2016 budget to parliament on Wednesday 16 March 2016.
The budget will set out the government’s financial plan of action for the next few years.
The 2014 budget announced dramatic changes to pension legislation, …