Business news

Drawdown savers risk running out of pension income

53% of pension pots in drawdown might not last for life.

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2 in 3 parents have made no provision for children

Parents urged to consider potential guardians for children.

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Employee earnings grow by 3.2%

Productivity challenges and skills gaps persist, warns IoD.

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Cost of moving rises above £10,000

Buyers only budget for half of additional costs.

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AIA rise ‘may bring only complexity’ for SMEs

Higher allowance could create complexity for 97% businesses.

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Quarter of over-55s unaware of pension tax

Savers could face tax ‘shock’ in retirement.

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Most firms plan to invest in training

CBI says further apprenticeship levy reform is needed.

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State pension age rises to 65 for women

Pension ages now equal for men and women.

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Self-employed face high levels of debt

1 in 4 have debts of more than £30,000.

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Dates and deadlines for November 2018

The important tax dates and deadlines from 2 November 2018.

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