Will your pension face inheritance tax?
Charlene Young explains what upcoming pension inheritance tax changes could mean for your family finances and whether last week’s Budget changed anything. Eve Maddock-Jones talks to JP Morgan’s Hugh Gimber about the market fallout from the US midterms, while Danni Hewson examines a turbulent week for cyber security, including a record hack of Binance. Plus, could gilts help savers cut their tax bill? And what does the Bank of England’s latest interest rate rise mean for your money?
Timestamps:
[00:24] Bank of England raises interest rates what it means for your money [05:35] Your questions on IHT and pensions [19:55] The democrats dominate the US midterms, our guest Hugh Gimber global market strategist at JP Morgan Asset Management talks us through what it might mean for investors [38:41] Two huge cyberattacks have grabbed headlines and UK businesses are being warned they need to take action or risk critical infrastructure being impacted. [42:39] Marks and Spencer reveals clothing sales are still recovering from last year’s hack on its business. [48:39] What you need to consider when tax on savings interest increases and why gilts could provide an interesting alternative.