Clients are increasingly worried about the prospect of maintaining their desired standard of living in retirement, according to Teesside Financial Planning firm Active Chartered Financial Planners.

While reading through the Autumn Statement changes this week I was reminded of one of the most famous songs from the 1964 Disney movie Mary Poppins: A Spoonful of Sugar (Makes the Medicine go down).

Financial Planners have welcomed a “skillful” budget but warned it will hit higher earners.

Chancellor Jeremy Hunt has halved the tax-free allowance for dividends from £2,000 to £1,000 per year.