The beginning of 2025 has brought a sense of uncertainty for many. Developments such as new trade tariffs under Donald Trump and the rise in National Insurance have placed added pressure on businesses, with some facing difficult decisions including the possibility of redundancies.
Recent market turbulence has been unsettling for many, especially those considering investing.
Recent market turbulence has been unsettling for many, especially for those planning to retire.
Almost a quarter of UK workers (23%) have had to borrow money from family and friends in the last year because of money worries, and almost a fifth have taken on debt (18%). It seems financial worries have become the new normal. With almost 14.6 million UK adults not coping financially or finding it difficult to cope, many are looking for ways to help ease the strain on their finances.
Money worries are having a detrimental impact on the workplace with our latest research finding that 40% of employees believe that it affects work performance by causing increased stress levels. One in ten (10%) say it has led to increased sick days.
There is just over a month left to check and fill any gaps in National Insurance (NI) records going back to 2006 to boost State Pension entitlement.
With the end of the tax year fast approaching, there is still time for individuals to take full advantage of their £20,000 ISA allowance.
Following a review, the new Pensions Minister, Torsten Bell has confirmed auto-enrolment (AE) thresholds will be maintained at the current levels* for 2025/26.
National Parent Mental Health Day – on 30th January – serves as a powerful reminder of the unique challenges faced by working parents.
The temporary increase in Stamp Duty Land Tax (SDLT) thresholds is set to expire on 31 March 2025, meaning transactions completed after this date will be subject to the higher Stamp Duty rates.