May 2016

New State Pension

By |May 20th, 2016|

How much will I get under the new State Pension?
The State Pension changed on 6 April 2016. If you reach 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 […]

Smoothing out your portfolio’s returns

By |May 17th, 2016|

Increasing the long-term value of your investments
It’s natural to be looking for ways to smooth out your portfolio’s returns. Investing regularly can smooth out market highs and lows over time. We at Hutt Professional have financial advisers with many years of experience who would be more than happy to help you do this.

In a fluctuating […]

Pension freedoms: one year on

By |May 12th, 2016|

What are the key reasons for shifting retirement patterns?
New pension rules which give you far greater flexibility over what you can do with your pension pot came into force on 6 April 2015, but according to Aviva’s latest Working Lives report a third of people aged over 50 who are employed in the private sector […]

Tax credit on dividends abolished

By |May 10th, 2016|

Tax-free Dividend Allowance introduced under new system
rom April this year, the notional 10% tax credit on dividends has been abolished and replaced by a new tax-free Dividend Allowance. The Dividend Allowance means that you won’t have to pay tax on the first £5,000 of your dividend income, no matter what non-dividend income you have.

The allowance […]

Taking stock of Budget 2016

By |May 6th, 2016|

The Chancellor of the Exchequer, George Osborne, delivered his eighth Budget speech on Wednesday 16 March, his third in 12 months. Now that we’ve had time to take stock of the key announcements, we consider how they could impact your finances both today and in future years.

The Personal Allowance will increase to £11,500, and the […]

April 2016

Investing for success

By |April 29th, 2016|

Achieving your goals by weighing the potential risks alongside the prospective returns
Successful investing involves making choices that meet your unique needs today and your financial goals for the future. A well-defined investment strategy is one of the cornerstones of a successful financial life. Investing is about building wealth slowly rather than getting rich overnight. We at […]

Financial resilience

By |April 27th, 2016|

Providing a valuable safety net for you or your family should you become ill or die
If you became sick or injured, how would you meet your monthly financial commitments or even your medical bills as you recover? Protection insurance can be a valuable safety net for you or your family should you become ill or […]

Mortgage lending surged to £25.7bn in March

By |April 22nd, 2016|

March saw the highest level of mortgage lending on record since before the credit crunch.

In One of Mortgage Solutions articles they stated that Mortgage lending in March rose to a massive £25.7bn, according to the Council of Mortgage Lenders – the highest March figure since 2007.

This lending boom was fuelled by buyers racing to beat the […]

Tax-efficient investments

By |April 22nd, 2016|

Options to minimise how much tax you pay

By understanding which investments are the most tax-efficient, you can make the most of your options to minimise how much tax you pay.We at Hutt Professional could offer you the independent financial advice you may need on this to help you understand whats more tax efficient for your […]

What is Lifetime allowance

By |April 20th, 2016|

The lifetime allowance will be cut from £1.25 million to £1 million from 6 April 2016 – the maximum amount people can build up in their pension pot during their lives. This is the third reduction in four years, leaving the allowance at less than half the level originally intended, when it was to be […]