News.

Philip Hammond has delivered his first Budget as Chancellor with no major announcements or surprises.

From April 2017, the new Pension Advice Allowance will allow individuals to withdraw £1,500 tax-fee from their pensions, to help them pay for the cost of regulated financial advice for their retirement.

YBS Share Plans, part of the UK’s second largest building society, has teamed up with Secondsight and WEALTH at work to offer its corporate clients access to financial education in the workplace.

WEALTH at work, a leading provider of financial education in the workplace, supported by guidance and advice, has been listed as 16th in Insider’s rankings of the North West’s top 100 fastest growing small and medium-sized enterprises (SMEs).

Many employers now offer their staff great methods of saving, with valuable tax breaks and discounts, but a number of key changes are due to come in that individuals should be aware of.

A new survey has found that only 10% of employers believe that their employees are saving enough for their retirement and almost half (48%) of employers believe that their employees are not aware of the various retirement income options.

Those who are approaching retirement and have a defined contribution (DC) pension, now have a lot of decisions to make thanks to the pension changes which came into force in April 2015.

The Wealth at Work group of companies has been ranked within FT Adviser’s ‘Top 100 Financial Advisers 2016’, in association with Strategic Insight.

The new Lifetime ISA (LISA) is due to be available from April 2017.

The Government will consult on how to ban pension cold calling and a wider range of pension scams.