AUTHOR

David Prosser author headshot

David Prosser

David Prosser is a regular Money Week 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.

Beware of scams on your business’s Facebook account
Small business

Beware of scams on your business’s Facebook account

Fraudsters could hack into your business’s Facebook account and use your money to advertise their products online.
6 Jul 2022
The return of annuities for retirement income
Pensions

The return of annuities for retirement income

Rising annuity rates offer an improving alternative to income drawdown for those looking for an income in their retirement.
22 Jun 2022
How invoice financing can help your business
Small business

How invoice financing can help your business

Invoice finance could help your business cope with late payments, says David Prosser.
20 Jun 2022
High inflation means the end of the “4% rule” for retirees
Pensions

High inflation means the end of the “4% rule” for retirees

High inflation means that it’s time to reassess how much you withdraw from your pension each year if you don't want to run out of money .
14 Jun 2022
How to prevent your businesses becoming embroiled in a trademark dispute
Small business

How to prevent your businesses becoming embroiled in a trademark dispute

Thorough research could save you the headache of a trademark dispute, says David Prosser.
5 Jun 2022
Transferring out of your final salary pension could cost you dear
Pensions

Transferring out of your final salary pension could cost you dear

Thinking about transferring out of a final salary pension? It could cost you a lot more than you might think, says David Prosser.
30 May 2022
Flexible working: don't rush your staff back the office
Small business

Flexible working: don't rush your staff back the office

The government is urging people to get back to the office. But there are good reasons for many small businesses to embrace flexible working.
25 May 2022
Private pensions: act early to avoid a big inheritance tax bill
Pensions

Private pensions: act early to avoid a big inheritance tax bill

Frozen inheritance-tax thresholds mean HMRC is taking ever more in death duties. But there are steps you can take to avoid it, says David Prosser.
18 May 2022
How to find an angel investor for your business
Small business

How to find an angel investor for your business

Make sure your start-up business has the right type of backer before signing a deal, says David Prosser.
11 May 2022
AJ Bell's new app aims to make investing a Dodl
Investments

AJ Bell's new app aims to make investing a Dodl

Dodl, AJ Bell’s new app-based investment service, is cheap – although a wider range of investments would be welcome, says David Prosser.
2 May 2022
Shortage of Sharia-compliant pensions lets down savers
Pensions

Shortage of Sharia-compliant pensions lets down savers

A lack of Sharia-compliant pensions is leaving many people unable to save for retirement.
27 Apr 2022
Small business owners: don’t duck the need to raise prices
Small business

Small business owners: don’t duck the need to raise prices

Many small businesses worry about passing on costs, but soaring inflation makes it a matter of survival, says David Prosser.
26 Apr 2022
The risks of using equity to release to cash in on your home
Pensions

The risks of using equity to release to cash in on your home

Equity release is getting more popular. But think carefully before joining in, says David Prosser.
13 Apr 2022
Why hackers are increasingly targeting small businesses – and what you can do about it
Small business

Why hackers are increasingly targeting small businesses – and what you can do about it

Almost half of small businesses were targeted by hackers last year. David Prosser explains what is behind the cyber attacks.
10 Apr 2022
How salary sacrifice can help mitigate against National Insurance rise
Pensions

How salary sacrifice can help mitigate against National Insurance rise

National Insurance is rising on 6 April but the good news is that salary sacrifice schemes are a good way to decrease taxable income, says David Pross…
2 Apr 2022
Should you use debt or equity to grow your business?
Small business

Should you use debt or equity to grow your business?

Loans and equity financing come with different terms and conditions, says David Prosser.
25 Mar 2022
Here’s what the Spring Statement means for your money
Budget

Here’s what the Spring Statement means for your money

David Prosser looks into the details of Rishi Sunak's "jam tomorrow" Spring Statement and explains just what it means for you and your money.
23 Mar 2022
Top up your pension before the end of the tax year
Pensions

Top up your pension before the end of the tax year

David Prosser explains how to make sure you’ve made the best use of your pension contribution allowance before 5 April
22 Mar 2022
Fixing the gender gap in start-up businesses
Small business

Fixing the gender gap in start-up businesses

New initiatives aim to remove barriers for female entrepreneurs. David Prosser reports.
16 Mar 2022
An unwelcome merger deal for the Honeycomb Investment Trust
Investment trusts

An unwelcome merger deal for the Honeycomb Investment Trust

A deal to buy its own manager makes this high-yielding debt fund less appealing, says David Stevenson
14 Mar 2022
A new low-cost Sipp from Interactive Investor
Self invested personal pensions

A new low-cost Sipp from Interactive Investor

Savers with accounts of all sizes could benefit from lower fixed fees in this new low-cost Sipp from Interactive Investor.
8 Mar 2022
The best ways to hire staff in these uncertain times
Small business

The best ways to hire staff in these uncertain times

Taking on permanent staff for your business comes with risks, but there are alternatives says David Prosser.
28 Feb 2022
How to maximise your pension contributions
Pensions

How to maximise your pension contributions

Rolling forward your annual pension contribution allowances from past years can let you contribute more. David Prosser explains how.
23 Feb 2022
Cryptocurrency payments: should your business accept payment in bitcoin?
Small business

Cryptocurrency payments: should your business accept payment in bitcoin?

Adapting your business to accept cryptocurrency payments is simpler than you might imagine. But there a re a lot of things to consider first.
15 Feb 2022
Invest in VCTs: tax-free investments set to break records
Venture capital trusts (VCTs)

Invest in VCTs: tax-free investments set to break records

Demand for venture capital trusts is on track to set a new record this year. David Prosser reports
11 Feb 2022
Hit the pensions lifetime allowance? Make sure you use your Isa
Pensions

Hit the pensions lifetime allowance? Make sure you use your Isa

Many savers are running into the pensions lifetime allowance. But don't forget that you can also use your Isa to save for your retirement – it has no…
9 Feb 2022
Employers: don't rush your staff back into the office
Small business

Employers: don't rush your staff back into the office

Employers should think carefully before summoning staff back to the office, says David Prosser.
28 Jan 2022
How to help your business cope with rising energy costs
Small business

How to help your business cope with rising energy costs

With rising energy costs putting cost pressures on the country's businesses, the best way to keep the lights on is to make sure you’re turning them of…
18 Jan 2022
Make sure your pension savings don't breach the lifetime allowance
Pensions

Make sure your pension savings don't breach the lifetime allowance

Don’t forget the lifetime allowance when reviewing your pension planning – breaching it could prove very costly, says David Prosser.
7 Jan 2022
How to fight cyber-crime in your small business
Small business

How to fight cyber-crime in your small business

There are five key areas for owners of small businesses to focus on when fending off digital attacks.
30 Dec 2021
How to track down your lost pension savings
Pensions

How to track down your lost pension savings

Some straightforward detective work could reunite you with pension savings from previous jobs that you may have mislaid.
20 Dec 2021
How to free up extra Christmas cash for your business
Small business

How to free up extra Christmas cash for your business

Too few small businesses keep unnecessary costs to an absolute minimum. Here are six ideas that might pay for a Christmas bonus.
14 Dec 2021
What to do if you still have a mortgage when you retire
Mortgages

What to do if you still have a mortgage when you retire

In the next few decades, many people will be paying back their home loans well into retirement. David Prosser explains their options.
7 Dec 2021
How your business can win the race to recruit new staff
Small business

How your business can win the race to recruit new staff

Smaller companies can’t offer huge cash incentives for new staff, but they can still compete effectively for labour. David Prosser explains how.
1 Dec 2021
Making sense of the new minimum pension age rules
Pensions

Making sense of the new minimum pension age rules

The rules surrounding the minimum age at which you can start tapping into your retirement savings have been tweaked, but are still confusing. David Pr…
23 Nov 2021
How your business should tackle the annual investment allowance – the “yo-yo tax”
Small business

How your business should tackle the annual investment allowance – the “yo-yo tax”

Approach the government’s fast-changing schemes to encourage business investment with caution, says David Prosser.
16 Nov 2021