Research from Citizens Advice has revealed that than 13 million UK adults (around 26 per cent) have accidentally taken out a subscription in the past year. These range from fitness apps to food
President Donald Trump’s second term has ushered in a wave of protectionist trade policies, including sweeping tariffs that have rattled global markets. Since January 2025, the average US tariff rate has surged from
Half of UK adults are unclear on how the state pension works, according to Standard Life’s Retirement Voice report. Nearly one-third of those closest to retirement (aged 55 to 64) are still in
While the Bank of England (BOE) has started cutting the base rate in recent times, mortgage pricing remains mixed. While the base rate dropped by 0.5 percentage points between October 2024 and March
If you have made gains on your investments recently, your Capital Gains Tax (CGT) bill may be considerably higher than in previous years. Rates are now the highest they have been in two
Millions of people across the UK use ISAs to grow their savings without incurring a tax burden. But with inflation outpacing interest rates, the real return on cash savings is often disappointing over
In her Spring Statement, Chancellor Rachel Reeves struck a cautiously optimistic tone as she declared the Bank of England’s two per cent inflation target “achievable” – though not immediate. The announcement follows news
For millions of savers, Cash ISAs provide a safe and tax-free way to grow their savings without the risks associated with stock market volatility. The suspected move to limit the Cash ISA allowance,
With rising interest rates and more competitive savings accounts, holding cash is becoming an attractive option for some. Holding cash offers stability and liquidity, safeguarding capital without the volatility of equities or property.
Investing directly in companies that are heavily focused on artificial intelligence (AI) and actively integrating it into their products and services currently presents significant growth potential. This is partly due to current industry
A pension is a long term investment. The fund value may fluctuate and can go down, which would have an impact on the level of pension benefits available. Pension income could also be affected by interest rates at the time benefits are taken.
Pension savings are at risk of being eroded by inflation.
The tax treatment of pensions in general and tax implications of pension withdrawals will be based on individual circumstances, tax legislation and regulation, which are subject to change in the future.
Accessing pension benefits early may impact on levels of retirement income and your entitlement to certain means tested benefits.
Accessing pension benefits is not suitable for everyone. You should seek advice to understand your options at retirement.
Lamont Pridmore Asset & Wealth Management is the trading name of Lamont Pridmore Asset & Wealth Management Limited. Registered in England no: 08395896. Registered address: Milburn House, 3 Oxford Street, Workington, Cumbria, CA14 2AL.
Lamont Pridmore Asset & Wealth Management Ltd is authorised and regulated by the Financial Conduct Authority. We are entered on the Financial Services Register no 599259 – www.fca.org.uk/register
The Financial Conduct Authority does not regulate accountancy, taxation and trust advice, will writing, legal services, business services and some aspects of commercial mortgages.
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Please note that the value of investments can fall as well as rise and you may get back less than you invested.
