David Prosser
David Prosser is a regular MoneyWeek columnist, writing on small business and entrepreneurship, as well as pensions and other forms of tax-efficient savings and investments.
David has been a financial journalist for almost 30 years, specialising initially in personal finance, and then in broader business coverage. He has worked for national newspaper groups including The Financial Times, The Guardian and Observer, Express Newspapers and, most recently, The Independent, where he served for more than three years as business editor. He has won a number of awards, including the Harold Wincott Personal Finance Journalist of the Year, the Headline Money Journalist of the Year and the BIBA Journalist of the Year. He has also been a frequent contributor to broadcast news, providing expert advice and punditry on radio and television.
For the past ten years, David has worked as a freelance journalist, writing for a broad range of newspapers, magazines and online publications. He also writes a regular column for Forbes, and is a frequent contributor to both specialist and consumer publications.
Latest articles by David Prosser
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Brexit: a bumpy beginning for small businesses exporting to the EU
Advice Small businesses trading with the EU have struggled since the Uk officially left the EU at the turn of the year. David Prosser outlines the key problems they are facing.
By David Prosser Published
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More help for small businesses to deal with customers who pay late
News The latest measures to tackle the problem of customer who don't settle their bills on time bode well for small businesses.
By David Prosser Published
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The scandal brewing in pension transfers
News Many savers who switched their retirement fund out of final-salary pension schemes received poor advice. But those caught out have limited recourse to redress.
By David Prosser Published
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Look beyond the default options if you want to start taking income from your pension
Advice Regulators have come up with four ready-made plans for people who want to start taking an income from their pension fund – but you should still seek help before you decide
By David Prosser Published
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How to make sure your business doesn't lose out in lockdown
Advice Money is still available via government schemes to help small companies cope with the latest Covid restrictions. David Prosser outlines what you can get, and how to get it.
By David Prosser Published
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Suspending your pension contributions? Remember the magic of compounding
Advice Think very carefully before suspending your pension contributions, or you will miss out on compound interest – the “eighth wonder of the world”.
By David Prosser Published
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Shop around to secure the best Sipp
Advice If you’re one of the growing number of savers with a self-invested personal pension (Sipp), make it a new year’s resolution to check you’re getting value for money on your plan.
By David Prosser Published
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How Brexit affects expats’ state pensions and other entitlements
Advice Existing British expatriates' state pensions are protected under the Brexit deal, and they retain the right to receive free healthcare. But there are no guarantees about the future.
By David Prosser Published
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Reform of IR35 tax rules returns for freelancers
Advice The delayed shake-up of employment law governing freelancers kicks in soon
By David Prosser Published
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Scammers target pension transfers
News People who apply to transfer their defined-benefit pension to another pension provider need to be on their guard against a proliferation of scammers.
By David Prosser Published
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Compensation claims grow after guaranteed minimum pension payouts fall short
Advice Some defined-benefits pension schemes have paid the wrong amount of “guaranteed minimum pensions”, leading to a growing number of compensation claims.
By David Prosser Published
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Small businesses rush to beat the capital gains tax hike
News Corporate finance advisers report a surge in inquiries from small business owners keen to sell their companies before a likely increase in capital gains tax (CGT) in the new year.
By David Prosser Published
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LRSG: the post-lockdown financial support available to businesses
Advice The Local Restrictions Support Grant (LRSG) will help small businesses in the new tiered-restriction regime. David Prosser outlines what's available.
By David Prosser Published
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Sipps versus Isas: which one suits long-term savers best?
Sponsored Both Sipps and Isas are tax-efficient long-term savings vehicles. David Prosser explains the advantages of using one over the other.
By David Prosser Published
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How a small change in calculating inflation will have big consequences for your pension
News The way of calculating inflation relating to defined-benefit pension schemes is being changed from RPI to CPIH. Here's what it could mean for you.
By David Prosser Published
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How to prepare your business for Brexit
Advice Whether we have a Brexit deal or not, new procedures for importers and exporters will apply from 1 January. Get your business ready now.
By David Prosser Published
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Cash-poor homeowners should beware of equity-release
Advice Struggling savers should think twice before using equity release schemes to tap their homes for money.
By David Prosser Published
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How to take advantage of the government's extended Job Retention Scheme
Advice The government has reactivated its job-protection programme for small firms. David Prosser explains how it works.
By David Prosser Published
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What small-business owners need to know about the Job Support Scheme
Advice With the government’s Job Retention Scheme expiring at the end of October, small-business owners need to make sure they know how to get the best out of the Job Support Scheme that replaces it.
By David Prosser Published
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The grants available for small businesses in Tier 2 and Tier 3 areas
Advice Small businesses in areas of the country officially deemed at higher risk of a rapid spread of Covid-19 may be able to claim extra financial support to help them cope with additional restrictions.
By David Prosser Published
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The chancellor's third plan to help the self-employed help
Advice Chancellor Rishi Sunak has unveiled a boost to the financial support the state is offering self-employed workers hit by Covid-19, though the latest measures will be less generous than previous ones.
By David Prosser Published
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Why house deposits and pensions don’t mix
Advice First-time buyers should not be able to raid their pension savings to pay for a house deposit.
By David Prosser Published
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Last chance to secure a Bounce Back loan for your small business
News The government’s Bounce Back loan scheme will only run for another six weeks. Act now if you need to take advantage of it.
By David Prosser Published
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Pensions drawdown: don't take too much money out of your pension fund
Advice New evidence suggests people are depleting their pensions too quickly – and they risk running out of cash in retirement.
By David Prosser Published
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