Three things your clients may call you about this week …

What made financial headlines over the weekend?

clock • 3 min read

A tax trap for new mums; a mini-bond firm in default; and the rise in bulk annuity pension deals - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

The tax trap catching out thousands of new mums "Tens of thousands" of women are losing years of National Insurance credits by not registering for child benefit - even if they do not need it - when they have a child, according to this Sunday Times piece. The woman the article is framed around, Susie, will need to work for 18 years, rather than for 13, in order to build her National Insurance record up to the 35 years required to be eligible for the full state pension. Far more women are affected than men, the piece says, because they make up the majority of stay-at-home parents. Onc...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: Quilter Foundation sponsored charity hosts 'wishmas'

Feel Good Friday: Quilter Foundation sponsored charity hosts 'wishmas'

Event was made possible with £10,000 donation from Quilter

Professional Adviser
clock 29 November 2024 • 1 min read
Independent or restricted: What's in a name?

Independent or restricted: What's in a name?

Shifting the focus to 'regulated advice'

Anthony Carty
clock 28 November 2024 • 4 min read
Platform service worsens as cost of living spurs clients to move assets

Platform service worsens as cost of living spurs clients to move assets

'People are needing cash more than ever right now'

Sahar Nazir
clock 28 November 2024 • 2 min read