Lifetime Individual Savings Accounts

Make your next move to saving flexibly for a first home and retirement Lifetime Individual Savings Accounts are being launched by the Government to help 18–40-year-olds to save and invest flexibly for the long term. The aim is that people will not have to choose[…]

Investment Outlook

Taking advantage of opportunities in 2017 After a game-changing 2016, the investment environment was not only mixed but characterised by uneven global growth and political events such as Brexit and the US elections. Looking ahead, gradual repair of the global economy and greater political clarity[…]

Money Purchase Annual Allowance

Reduction to prevent inappropriate double tax relief Chancellor of the Exchequer, Philip Hammond, delivered his first and last Autumn Statement to Parliament on Wednesday 23 November 2016. He announced that the Money Purchase Annual Allowance (MPAA), an annual amount individuals can contribute to defined contribution[…]

2016/17 Year End Planning

Keeping your taxes as low as possible – what you may wish to consider sooner rather than later The 2016/17 year end for tax planning purposes is now only a matter of months away, with the deadline approaching on 5 April. Effective tax planning is[…]

Top Trump

Winners and losers from the seismic US election result After a long and brutal US presidential election campaign, Donald Trump emerged victorious, winning 279 electoral votes and 47.5% of the popular vote. Republicans also maintained majorities in the House and the Senate.   His inauguration[…]

Delegating power

When you are unable to make your own decisions More than two million Lasting Power of Attorney (LPA) registrations will have been filed by the end of 2016, with the number of appointments more than trebling between 2010 and 2015. The figures from the Office[…]

Pensioners financially ‘reliant on others’

New research outlines typical financial situations A small number of pensioners are relying on loved ones to help them financially during retirement, and those approaching retirement seem to be in an even worse situation. Yet equally worrying is that people are also far more likely[…]

What Next Post-Brexit

Economic and financial outlook As a result of the UK voting for Brexit (apart from the political turmoil), sterling has dropped significantly against the US dollar and the Japanese yen – the new safe haven currency it seems. We have a new Prime Minister and[…]

Saving For A Rainy Day

Understanding why your lifestyle makes it more relevant and real From the old adage of saving for a rainy day to planning for a comfortable retirement, before you can actually define your investing goals you need to ask yourself what you want to achieve. While[…]

Uncharted Territory

Importance of not losing sight of your long-term savings goals The UK is entering uncharted territory after the EU referendum, but with relatively few unretired people beyond the age of 55 having started their retirement planning it is important not to lose sight of your[…]