Spring Statement March 2019

Chancellor of the Exchequer Philip Hammond stood up in Parliament at 12.43pm on Wednesday, 13 March, to deliver his second Spring Statement at an inauspicious time following the House of Commons’ dramatic rejection of the Government’s Brexit deal the previous evening....

PAY GROWTH STRONGEST FOR A DECADE

The latest set of employment statistics shows that the UK labour market remains in a robust state and that the recent recovery in real pay growth is gathering momentum.  According to data from the Labour Force Survey, the number of people in work rose to a record high...

Pension Cold Calling Ban Comes into Force

A new law has come into force which makes it illegal for companies to cold call about pensions. The ban on unwanted, unsolicited phone calls to people about their pensions follows an industry campaign to make the practice illegal. Companies breaking the new law could...

Defending your savings in retirement

Defending your savings in retirement Danny Knight, head of investment directors at Quilter Investors, explains why adopting the same investment strategy in retirement as you did in accumulation can cause irreparable damage to your pension pot. Many people spend their...

Bias that can derail your retirement

Cognitive biases that can derail your retirement Recency bias The tendency to attribute increased importance to events of the recent past. Hindsight bias This is where past events seem more important than they did when they were occurring. Anchoring bias The common...