News

03 Nov Bank reward payments

We have become aware of an interesting anomaly concerning the payment of loyalty rewards to customers of certain banks. These ‘rewards’ are put in place by the banks to attract customers towards certain current accounts and usually have conditions attached that require the customer to...

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03 Nov UK Living Wage rates

The current National Minimum Wage (NMW) hourly rate is £6.95 for adults 21-24 year old and the National Living Wage is £7.20 for those aged 25 and over. The Living Wage Foundation (an initiative of Citizens UK) recently announced Living Wage rates for London and...

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27 Oct Pension reforms continue

Major pension reforms came into effect on 6 April 2015. Savers have already taken advantage of the pension freedoms to flexibly access over £7.6 billion from their pension pots. Since July this year, over 158,000 people have accessed over £1.54 billion from their pension pots.

The...

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