MLM Solutions Blog

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Is the Property Market curse spreading?

Is the Property Market curse spreading?

In a recent paper Mick McAteer, founder and Director of the Financial Inclusion Centre and consumer advocate sitting on the Financial Conduct Authority (FCA) board, raised strong concerns about the British obsession with house prices not just rapidly increasing house prices but also on Britons’ reliance on property as a cure-all.

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NEW rules for Pensions & the impact on your 'Interest only' mortgage...

NEW rules for Pensions & the impact on your 'Interest only' mortgage...

In the latest update our guest blogger, Frank Cozzo discusses the radical changes to the pensions regime which were announced in the Chancellor’s Budget Speech on 19th March.  Consequently, from April 2015, from age 55, retirees will be allowed to access all of their defined contribution pension pot, subject to their marginal rate of income tax in that year. There will no longer be a requirement to buy an annuity.

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Many Brits ‘live on the edge’

An alarming 33% of the UK adult population (16 million people) are 'living on the edge' every day, with no savings whatsoever. Yet the majority of UK homes (71%) experienced unforeseen costs or bills last year – on average, households hit by unexpected costs stumped up £1,101 last year.

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