UK inflation hits 4.5% in August
Inflation in the UK rose to 4.5% in August on the government’s preferred consumer prices (CPI) measure, up from 4.4% in July.
The broader retail prices index (RPI) showed a rise to 5.2% in August, up from 5% in July.…
Bank of England holds interest rates at 0.5%
The Bank of England has decided to hold interest rates at
0.5%…
What is the open market option?
The open market option is an invaluable option open to you when you retire from a money purchase pension (i.e. a pension that is not linked to your salary).
In the run up to your retirement your pension provider will …
What is Pension Credit?
Pension Credit is a means-tested social security benefit. It is designed to provide those over qualifying age (see below for definition) with a minimum level of income and give extra cash to those aged 65 and over with modest incomes …