January 2010 (29 articles)

Categories: All News, Financial News, Uncategorized

The key points at a glance

The key points at a glance from Chancellor Alistair Darling’s third Pre-Budget Report.

Categories: All News, Financial News, Uncategorized

Protection for the unexpected

Critical illness policies are the type of policy nobody wishes to have to claim against, yet evidence shows that these are vitally important policies that can support families and secure their financial wellbeing during the worst of times.

Categories: All News, Financial News, Uncategorized

Start the new decade with a new bill of wealth

At every stage in our lives, there are certain circumstances that stand out as important, but it is all too easy to put off planning in our earlier years. We have highlighted some of the important stages in life and the circumstances you might find applicable to your particular situation.

Categories: All News, Financial News, Uncategorized

Act fast before the end of the tax year

Here are some useful hints that may improve your pension prospects.

Some employers may allow selected staff aged 50 and over (rising to age 55 and over from 6 April 2010) to claim an income from their pension while they work full time. This option has been made possible by changes to pension rules in 2006, known at the time as A-Day. For members of defined benefit schemes, the size of the annual pension payment is cut by a certain percentage for each year the worker claims their pension early. However, members continue to accrue further pension rights under the plan, which is typically based on career-average pay, even when claiming a pension and salary in tandem.

Categories: Financial News, All News, Uncategorized

What you need to know

Check your PAYE code
You should check that you are on the correct code. Don’t just assume that if tax is being deducted at source it must be right. If you have been paying too much tax, you can claim back the excess for up to six previous years. If you have been paying too little, the Revenue can claim it back.

Categories: Financial News

Achieving the most efficient mix of risk and return

Do you currently have the most suitable method of holding and structuring your investments to achieve an efficient mix of risk and return that is specific to your particular objectives? And are you fully utilising the income, capital gains and inheritance tax advantages of these investments, particularly as the taxation regime governing them may be subject to change in the future? We have provided a selection of tax-efficient solutions you may wish to discuss with us.

Categories: All News, Financial News, Uncategorized

Are you too optimistic about the age at which you’ll be able to retire?

Just a third of people accept that they will have to work beyond 65, even though the state pension age is set to rise.

Categories: All News, Financial News, Uncategorized

Why you should review your retirement options

Apathy and a failing system is costing pension savers dear, with retirees set to lose £14m this year on not hunting out the best annuity. If this inertia continues, it will cost Britain’s pensioners a total income of £3.3bn over the next 20 years, according to the study by Oxford Economics, carried out on behalf of trade body, the Pension Income Choice Association (PICA).

Categories: All News, Financial News, Uncategorized

A popular and simple way to save

The end of the 2009/10 tax year is rapidly approaching and now is the perfect time to consider your Individual Savings Account (ISA) options. These tax-efficient wrappers are a popular and simple way to save, as you don’t pay any personal income tax or capital gains tax on any profit you may make.