Month: October 2020

Where it all began The 1908 Old Age Pensions Act introduced the first general old age pension as part of the Social Welfare System.  Half a million eligible people over the age of 70 and earning less than 12 shillings per week (60p – I kid you not), received a weekly non-contributory, means-tested pension of…

ISAs are popular Adults in the UK invested a total of £67.5 billion into ISAs in 2018/2019 according to the latest Government statistics published in June of this year. An ISA offers an overall subscription limit of £20,000 for the tax year 2020/2021, so that a married couple or civil partners could jointly save or…