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The Latest Breaking News from Quilter

New Pension Schemes Bill: What you need to know about the megafunds shake-up

Reforms will be introduced under a new Pension Schemes Bill next year

The Independent UK

Pension ‘megafunds’: How do they work and is bigger always better?

Reforms will be introduced under a new Pension Schemes Bill next year, as part of Government plans to boost economic growth.

Evening Standard

Pension ‘megafunds’ to be created to boost investment and economic growth

The megafunds will mirror schemes in Australia and Canada under the Government plans.

Evening Standard

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Tax-free withdrawals from pension pots surge amid fears over autumn budget

Reports that Rachel Reeves likely to increase taxes have spooked customers, say investment firms

The Guardian - UK

Average UK house price ‘just shy of record high’ in September

The typical property value has risen by around £13,000 over the past year, Halifax said.

Evening Standard

“Marshall crunch, Vox chime, and Fender warmth. Supercharge your rig with a whole studio in your pedalboard”: Quilter’s latest pedal amp crams classic tones into a single stompbox – could it be your ’board’s new best friend?

The studio-in-a-pedal is designed to be travel-friendly and goes directly into mixing desks and recording devices, promising huge tonal scope

Guitar World

Pensions Minister ‘will have her hands full’ as she gets stuck into dual role

Emma Reynolds has been given a dual appointment at the Department for Work and Pensions and the Treasury.

The Independent UK

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BBC presenter takes thousands from firm linked with Israeli military

BBC presenter Clive Myrie has made thousands doing speaking gigs for a firm linked to weapons suppliers arming Israel.

The National (Scotland)

Labour pledges to retain triple lock and undertake pensions review

The triple lock ‘presents a significant fiscal challenge that no party has been willing to fully address’, a pensions expert said.

The Independent UK

£35.8bn gap between tax expected to be paid and amount collected in 2021/22

Plugging the ‘holes in our tax system’ could help refill public coffers, a tax and financial planning expert said.

The Independent UK

‘Reality check’ for the housing market as sales slide by 8% month-on-month

Experts suggest the slowdown is likely to be longer and deeper than originally anticipated

The Independent UK

Mortgage approvals to home-buyers increase for first time in six months

Some 43,500 mortgages were approved for house purchase in February, up from 39,600 in January, according to Bank of England figures.

The Independent UK

Taxing times: the tax changes coming in April 2023

Major changes are coming to tax bills from April that could mean “millions of households will be worse off”, said The Sun.

The Week

Pension savers set for a triple boost in the Budget

Jeremy Hunt is expected to hike a trio of pension allowances, including the lifetime allowance, in his Spring Budget on 15 March. We explain what it means for you

The Money Edit

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Daily Mirror

How much your mortgage bill could fall by this year if rates continue to drop

New research from wealth manager Quilter shows the average mortgage payments rose by 66% in the last year - but rates are starting to drop which could mean big savings

Insider UK

Ex-Standard Life executive dies in Lake District

Financial technology specialist had spent more than 20 years with Standard Life

Daily Record

New National Insurance change will boost your take-home pay from this month

The change came into effect on November 6.

Daily Mirror

Rishi Sunak's stealth tax raid set to cost Brits THOUSANDS - how it'll hit you

Rishi Sunak and his Chancellor Jeremy Hunt are looking at extending the freeze on Income Tax and National Insurance thresholds in the upcoming Autumn Statement

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The Independent UK

Home-buyer mortgage approvals fell significantly in September

Mortgage approvals for house purchases decreased to 66,800 in September, down from 74,400 in August, the Bank of England said.

Daily Record

How the UK Government’s National Insurance change will affect you from next month

Chancellor Jeremy Hunt scrapped plans to cut the basic rate of income tax from 20% to 19%.

Wales Online

How Jeremy Hunt's tax and energy announcements will affect you - use our calculator

You can calculate what it means for you and your family

The National (Scotland)

How will the mini-Budget U-turns affect households?

NEW Chancellor Jeremy Hunt announced a series of U-turns following weeks of economic turmoil in the markets as a result of Liz Truss’s mini-Budget.

The Independent UK

How will households be affected by the mini-budget U-turns?

Many of the measures announced in the mini-budget are now being rowed back on.

Wales Online

You will be £174 worse off next year thanks to Jeremy Hunt's announcement today

That is before any rise in energy bills from April is taken into account

The Independent UK

Average earner ‘would have paid around £174 less in tax next year before U-turn’

Someone on £30,000 will still be around £218 better off next year due to the scrapping of the recent increase to national insurance, Quilter said.

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