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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SSAS: how a niche pension product is bolstering small businesses
News Small business owners struggling with the effects of the Covid-19 pandemic are increasingly turning to a novel type of pension plan that gives them much-needed flexibility.
By David Prosser Published
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State pension age’s slow but steady rise
News Both men and women now have to wait until their 66th birthdays to claim their state pension.
By David Prosser Published
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Job Support Scheme: new programme will help small businesses support staff
News All small companies are eligible for the Job Support Scheme, the Treasury’s latest employment programme.
By David Prosser Published
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Insurers may be forced to pay out to firms hit by Covid
News Hundreds of thousands of firms who have been affected by the Covid-91 pandemic may now be able to claim on their insurance policies.
By David Prosser Published
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The pros and cons of the government's new Kickstart jobs scheme
Advice The government’s new work placement scheme, which provides funding for employers to offer work placements to young people, is appealing. But the red tape could put off some small businesses.
By David Prosser Published
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The cost to small businesses of the return to the office
News The costs of employees returning to the office may be tough for some small businesses to swallow, and there is financial support for back-to-work costs.
By David Prosser Published
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Mind the inheritance-tax trap when transferring your pension
Advice Transferring your pension could incur inheritance tax for your heirs, says David Prosser.
By David Prosser Published
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Government opens up second round of help for the self-employed
Advice The second round of the government’s SEISS scheme, which offers grants of up to £6,750 to self-employed people, is now open. Applications will be accepted until 19 October.
By David Prosser Published
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How to claw back tax overpaid when opting for pension drawdown
Advice Many retirees opting for drawdown schemes – taking money out of their pension savings – have overpaid tax. Here’s what to do to get it back.
By David Prosser Published
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Pandemic sparks annuities panic among retirees
News Savers’ appetite for annuities appears to have increased sharply during the Covid-19 pandemic.
By David Prosser Published
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The final furlough: the job retention scheme is winding down
Advice The government’s Job Retention Scheme is winding down, says David Prosser. Prepare now.
By David Prosser Last updated
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Covid-19 sees a surge in early retirement
News The number of people taking early retirement has risen by more than ever before, says the ONS – in part because of problems in the labour market caused by Covid-19.
By David Prosser Published
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Will insurers cough up over Covid?
News Hundreds of thousands of small businesses should hear in September whether their insurers are legally bound to pay out on business interruption policies in light of the Covid-19 pandemic.
By David Prosser Published
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HMRC defers tax deadline for millions of self-employed people
Advice The coronavirus pandemic means the 31 July payment on account date has been postponed for six months.
By David Prosser Published
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Don’t be tempted to transfer out of your final salary pension scheme
Advice Switching out of final-salary schemes is very rarely a good idea, no matter how much money is on offer
By David Prosser Published
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Bounce Back loans pass the one million mark
News More than one million small and medium-sized enterprises have now taken out Bounce Back loans.
By David Prosser Published
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The mini-Budget boost for small companies
Advice Government cash is on offer for small businesses that retain staff and recruit new workers.
By David Prosser Published
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This landmark pension case could mean big payouts
News Defined-benefit members in bankrupt firms’ pension schemes could be due a payout after a landmark High Court judgment.
By David Prosser Published
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Bank of England sceptical about pension superfunds
News Plans for “pension superfunds”, cleared by industry regulators in recent weeks, could pose a threat to financial stability.
By David Prosser Published
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How to prepare your business for the return to work
Advice Riding the rebound will take careful preparation for small business owners. Here’s what to consider.
By David Prosser Published
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Deadline looms for self-employed to get government help
News Time is running out to secure help from the first round of the Self-Employment Income Support Scheme.
By David Prosser Published
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How the pandemic has affected your pension scheme
News It’s time to review the effect of Covid-19 on your retirement savings and take any necessary action.
By David Prosser Published
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HMRC to claw back unneeded aid from businesses
News Businesses that claimed money they didn’t need face trouble if they are found to have breached the schemes' terms.
By David Prosser Published
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Have you been furloughed? Here's how it could hit your pension entitlement
Advice Your pension savings could be squeezed by the state's furlough scheme – and its withdrawal.
By David Prosser Published
Advice