Hammond Archives - PX Pension Exchange

01 Nov UK Autumn Budget 2018

Posted at 10:28h in Blog

The UK Autumn budget was presented by Philip Hammond on the 29th of October 2018. In a welcome change, there were no significant announcements that directly impacted on the structure of pensions in the UK for UK nationals or UK emigrants. The main items of note relating...

20 Mar Spring statement – Main Points

Posted at 09:53h in Blog

The Chancellor presented his first Spring statement to Parliament. Main highlights included: GDP growth is set to remain between 1.3% pa and 1.5% pa between now and 2022. UK public debt as a percentage of GDP is expected to fall over this same time from 85% to...

20 Dec The UK Autumn Budget – Key Points

Posted at 18:30h in Blog

The UK’s Autumn budget was released by the Chancellor Philip Hammond on 22nd November 2017. In a pleasant surprise, there were no major announcements which significantly impact on UK pensions. The main points of note included: - An increase in the UK personal allowance to £11,850 from 6 April...

09 Mar QROPS Transfer Tax Introduced. Spring budget 2017.

Posted at 19:36h in Blog

The UK Spring Budget introduced yesterday by Phillip Hammond, has outlined significant changes to the QROPS market. The main changes were unexpected and need to be carefully considered by those with UK pensions who plan to emigrate, or have moved to live abroad and wish...