Budgets Past

The Budget has always been a pivotal event in the world of financial services, shaping how we advise clients and the tools we use to do so. In this video, we take a nostalgic journey through some of the most memorable Budgets and their ripple effects on investments, pensions, and tax reliefs.

From the days of 97% income tax rates to the introduction of ISAs and Pension Freedoms, we explore how these changes have influenced the industry and the lives of clients. Discover how past Chancellors' decisions have shaped the financial landscape, from the removal of life insurance tax relief to the crash of the housing market post-1989.

Key topics covered:

The evolution of income tax rates and reliefs
The rise and fall of life insurance savings plans
The introduction of PEPs, ISAs, and their impact on savings
Pension Simplification (2006) and Pension Freedoms (2015)
How Budget announcements have shaped financial advice over the decades

Join us as we reflect on the lessons learned and the changes that have defined the financial services industry. What will the next Budget bring? Only time will tell.

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