What Are The Tax Implications of Withdrawing Large Pension Sums?

Thinking of withdrawing a large pension sum? Learn the tax implications and get expert pension advice from ML Financials’ independent pension advisers.
What is The Current Pension Annual Allowance?

Learn how the pension annual allowance works, when tapering may apply, and how to avoid unexpected tax issues around pension contributions.
September 2026 Market Commentary

The Chancellor of the Exchequer John Healey has picked 28th October 2026 for his first Government Autumn Statement, or ‘the budget’ as we still commonly refer to it. It is likely to set the tone for Prime Minister Andy Burnham’s Government and its priorities. Whilst the constant change in British government brings us yet another […]
August 2026 Newsletter

Hello and welcome to our August e-newsletter. August has arrived, and with it comes that familiar feeling that the year is moving rather quickly. For many, this is a time to slow the pace a little – perhaps enjoying a summer holiday, spending more time outdoors, catching up with family and friends, or simply making […]
August 2026 Market Commentary

Andy Burnham’s ‘coronation’ as Prime Minister was confirmed at Buckingham Palace and the inevitable speculation and rumours around how he will fund his plans are in flight. In America, once President Trump eventually left the stage to let Spain lift the World Cup trophy without him, he found himself back embroiled in the conflict with […]
July 2026 Market Commentary

The two main political themes in recent updates remain but appear to be nearing a conclusion. We now know that we will have a new Prime Minister in 2026, and probably a new Chancellor. There has been no market panic so far, but Andy Burnham’s spending plans will be closely monitored. Markets have been buoyed […]
June 2026 Newsletter

There is something about June that naturally encourages reflection. With half the year already behind us and summer getting into full swing, it provides the perfect opportunity to take stock of where we are, reflect on what has passed, and look ahead to the months to come. The first half of 2026 has certainly given […]
June 2026 Market Commentary

May recycled many of the same headlines about the conflict in Iran, but with arguably less financial market noise accompanying it. Perhaps we have become a little numb to White House statements about a peace deal nearing completion and Iran denying it. The UK news cycle moved away from President Trump, and onto Prime Minister […]
May 2026 Market Commentary

April followed a similar pattern to March, with the conflict in Iran dominating the headlines and influencing global markets. Oil prices and stock markets have been responding on an almost daily basis to every scrap of news, both positive and negative. What April showed us (perhaps unexpectedly) is that financial markets are also capable of […]
April 2026 Newsletter

Hello and welcome to our latest e-newsletter. We hope you’ve been enjoying the lift that April brings. With longer days, a bit more sunshine (hopefully!), and summer on the horizon, it’s a time of year that naturally feels a little more energising. There’s certainly plenty happening in the world around us. From ongoing geopolitical tensions […]
