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How to avoid tax creep in retirement

The state pension went up 8.5% in April, but frozen thresholds mean pensioners will be paying more tax

BUZZ-Aberdeen Asset Management: falls on downgrade, CEO interview

Reuters - UK Focus

** Aberdeen Asset Management (Other OTC: ABDNF - news) falls 6.8 pct, with traders citing a combination of a broker downgrade, EM weakness and CEO comments for the move

** Liberum cuts to "hold" from "buy", says outflows look to be worse than expected, with the majority from high-margin equities business

** Stronger dollar hurting EM-exposed stocks with peer Ashmore down 3.3 pct on Thursday

** Trader also notes stock took a leg lower after embattled CEO Martin Gilbert told Reuters he planned to remain at the firm for another 5 years, and played down hopes of a takeover

** Worst day for the stock since early-Jan, among top fallers on FTSE 250 index