Bank of England increases interest rates to 4.25%
The Bank of England increases interest rates from 4 to 4.25%. Farrell Financial Planning are independent financial advisers based in Glasgow.
How did the budget affect how much you can pay into pensions?
Big changes to pension allowances from April 2023. Farrell Financial Planning are independent financial advisers based in Glasgow.
How did the 2023 spring budget affect the lifetime allowance?
The spring budget announced massive changes to the lifetime allowance (LTA). Traditionally, pension benefits in excess of the LTA could
UK inflation rate drops to 10.1% in January 2023
The consumer prices index measure of inflation dropped to 10.1% in January. Farrell Financial Planning are independent financial advisers based in Glasgow.
Bank of England increases interest rates to 4%
The Bank of England has increased interest rates from 3.5% to 4%. This is the tenth consecutive interest rate rise.