AGP Executive Report
Last update: 8 hours agoHousehold money reminders: HMRC is urging 18-24 year olds to check for matured Child Trust Funds worth an average £2,310, with about 827,000 still unclaimed—use the free GOV.UK locator. Family tax planning: STEP warns a 2027 rule change could wipe out the inheritance tax discount for some families because pensions will be included in the IHT calculation. Rates hit borrowing: The Fed’s latest rate hike is expected to flow into higher costs for credit cards, auto loans and home equity lines of credit, while savers may see better yields. Credit card fraud risk: A Minnesota man faces felony theft charges after allegedly using stolen casino cards for nearly $700 in purchases. Lending to relatives: Martin Lewis lays out a six-question checklist before lending money to family or friends. Agent payments go live: Mastercard and Danske Bank completed Denmark’s first AI-agent payment using passkeys and consumer consent. Retirement affordability pressure: A CFP Board survey finds clients worry about Social Security and Medicare, with some taking costly actions like early withdrawals or cutting contributions.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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