Insights

Following the Autumn Statement, National Savings and Investments (NS&I) has announced the launch of new bonds for investors aged 65 and over in January 2015.

Details have begun to emerge on how the new inheritable ISA rules will operate.

The government has published new legislation to deter inheritance tax (IHT) mitigation through the use of multiple trusts.

Over the last month, we have continued to see a divergence in the pace of economic growth across different regions of the globe.

Reform of residential property stamp duty so that rates apply only to that part of the property price that falls within each band:

The Government has confirmed that it has scrapped plans to introduce the Inheritance Tax (IHT) settlement Nil Rate Band and replace it with new rules to be announced in next week’s Finance Bill.

Spouses and civil partners will be able to inherit their deceased partner’s ISAs and retain the tax advantages.

The Chancellor confirmed the new pension death benefit rules to be introduced in April 2015:

According to the Chancellor, George Osborne, the UK is the fastest growing economy in the G7.

A number of economic issues sparked a sharp sell-off in global equities between mid-September and mid-October, highlighted by a 7% fall in the MSCI World index.

Mario Draghi announced on 6 November that the ECB is prepared to inject 1tr euros to stimulate the eurozone in a bid to stave off deflation.

The European Commission cut its economic outlook for the eurozone on Tuesday, predicting it would grow only 1.1 per cent in 2015, down from a forecast of 1.7 per cent just six months ago.