THE LATEST EDITION

November 2018
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Pension changes leave public sector workers trapped

Jamie Smith-Thompson – managing director of Portal Financial

In a Ministerial Statement issued today the Government announced that it will prevent public sector workers from transferring their unfunded final salary pension to a private pension, in order to protect the Exchequer and taxpayers, leaving millions of people trapped in a scheme that may be […]

UK Q3 GDP: Golden Olympic recovery

-The ONS’ preliminary estimate of Q3 GDP showed the economy grew by a huge 1.0%, ending the UK’s longest double-dip recession since the Second World War in sensational style. Year on year growth rose from -0.5% to flat. The results are significantly stronger than the 0.6% consensus estimates, and our own estimate of 0.5%. […]