Events

July 2016

Why now is the time to review your pension

By |July 18th, 2016|

Taking an active interest in your retirement savings
Millions of savers currently spend very little time reviewing their pensions, with more than a quarter of savers (28%) admitting to never reviewing their retirement savings, while almost a fifth (19%) of those with a pension said they review it less than once every five years according to […]

Pension confusion

By |July 14th, 2016|

Are most people unprepared for retirement?
People are still being left confused by pensions, with almost two thirds not understanding their key features, according to new research by Wesleyan.
The research conducted by the specialist financial mutual revealed how much confusion there still is among most people when it comes to their retirement planning. Three quarters of […]

The run-up to retirement

By |July 12th, 2016|

What the over 50s do with their money once the mortgage is paid off
Britain’s over 50s are splashing their extra income they receive once they’ve paid off their mortgages on holidays, home improvements and gifts for their children, while less than one in four are using the money to top up their retirement savings, new […]

Securing more of your wealth

By |July 8th, 2016|

You don’t have to be wealthy for your estate to be liable for Inheritance Tax
Protecting your estate is ultimately about securing more of your wealth for your loved ones and planning for what will happen after your death to make the lives of your loved ones much easier.
Peace of mind
Making sure that you’ve made plans […]

June 2016

Preserving wealth

By |June 23rd, 2016|

Should you review your situation with further changes on the horizon?
Inheritance Tax (IHT) affects not just the very rich – other people may be liable without realising it. Few taxes are quite as emotive – or as politicised – as IHT.
The structures into which you transfer your assets can have lasting consequences for you and […]

What are Defined benefit pension schemes

By |June 13th, 2016|

Secure income for life
A defined benefit pension scheme is one where the amount paid to you is set using a formula based on how many years you’ve worked for your employer and the salary you’ve earned rather than the value of your investments. If you work or have worked for a large employer or in […]

State Pension

By |June 10th, 2016|

New rule changes
The State Pension changed on 6 April 2016. If you reached State Pension age on or after that date, you’ll now receive the new State Pension under the new rules. The aim of the new State Pension is to make it simpler to understand, but there are some complicated changeover arrangements which […]

What are Defined contribution pension schemes

By |June 6th, 2016|

Providing an income in retirement
With a defined contribution pension, you build up a pot of money that you can then use to provide an income in retirement. Unlike defined benefit schemes, which promise a specific income, the income you might get from a defined contribution scheme depends on factors including the amount you pay in, […]

Lifetime allowance

By |June 3rd, 2016|

Value of payouts from pension schemes
The lifetime allowance is a limit on the value of payouts from your pension schemes – whether lump sums or retirement income – that can be made without triggering an extra tax charge.
The lifetime allowance for most people is £1m in the tax year 2016/17.
It applies to the total of […]

A rise in 95% loans linked to Help to Buy

By |June 2nd, 2016|

According to an article published by mortgage strategy The Help to Buy Scheme caused 95 per cent LTV loans to increase 383 per cent to 271 products from 56 when the scheme was first launched.
This scheme had been set up back in October 2013 and is due to end this year.
Finance expert Charlotte Nelson from […]