Fund mergers, closures, and mandate changes are not uncommon
15 January 2024During 2023 we saw an elevated level of changes being made to some individual investment funds, via mergers, closures and changes in fund investment mandates.
During 2023 we saw an elevated level of changes being made to some individual investment funds, via mergers, closures and changes in fund investment mandates.
With 2024 dawning, we look forward to the coming year with anticipation.
Understandably, many find the options for providing pension income and tax-free cash daunting, with many abbreviations, words and phrases that are simply gobbledegook.
The vast majority of workers in the UK are likely to be saving into a pension plan, thanks to workplace pension legislation.
Twice a year we listen to the Chancellor as they deliver their Statement or Budget, looking forward to how the finances of the UK will fare into the future based on current economic forecast.
They sound like fairly innocuous words don’t they - direction or discretion? but the difference it could make to your pension death benefits have very different tax outcomes.
This might be an important question for your loved ones as they pick up the pieces after your death.