News
Budget 2012: what it means for investors
Here’s the good news – at first glance, the Budget looks broadly positive for investors. Here’s Money Week’s take on the main points. Firstly, the pensions industry can breathe a sigh of relief. Some pundits thought that George Osborne might scrap higher rate tax relief on pension contributions; he hasn’t. And nor has he reduced the amount you can put into your pension each year: the maximum amount stays at £50,000 a year. No changes were made to the individual savings account (Isa) allowance either. From 6 April, you will be able to put £11,280 into an Isa, with up… continue reading
March 21, 2012