State pension age to increase to 69
State pension age is set to increase to 68 in the mid-2030s and to 69 in the late 2040s.
There are already plans to increase the state pension age gradually from 65 to 67 between 2026 and 2028.
There are …
An end for car tax discs
Car tax discs are to be scrapped and replaced by an electronic vehicle excise duty system.
Officials say car tax discs are no longer needed, with the DVLA and police now relying on an electronic register.
Full details are still …
Countdown to the Autumn Statement
Remember remember the 5th of December. Chancellor George Osborne will deliver his 2013 Autumn Statement on 5th December 2013.
Watch the Farrell Financial Planning blog on Thursday 5th December to get easy to understand highlights of this year’s Autumn Statement.…
Keeping track of your pensions
With the UK workforce no longer having jobs for life, it is becoming increasingly common for workers to build up several different pensions with different employers over their working lives.
These workplace pensions coupled with any personal pensions workers may …
UK household debt sets new record
Household debt in the UK has reached a new high. Figures from the Bank of England show individuals now owe a total of £1.43 trillion, including mortgage debt. This is slightly above the previous record set in September 2008.
The …
