PROTECTION Synopsis: It is often claimed, with some justification, that the biggest financial decision we ever make is when we commit to a mortgage. Any adviser considering protection should (and surely will) automatically look at the clients’ protection needs when they are committing to any large financial transaction. It is often claimed, with some justification, […]
Synopsis: The FTSE 100 ended the year down 2.7%, its worst performance since 2011. However, with the help of a late Christmas rally, it could have been worse. Date posted: Monday, January 05, 2015 The FTSE 100 ended 2014 slightly down from where it started. Add back in dividends (the FTSE 100 yields about 3.5%) […]
INVESTMENT FUNDAMENTALS Synopsis: PM indicates a belief that IHT should only apply to “the very wealthy” Date posted: Wednesday, October 15, 2014 The FT has reported that the PM has stated that inheritance tax (IHT) should only be paid by the ‘very wealthy’. He references the transferable nil rate band and how this can mean […]
NISA Transfers Investments that qualify for a Stocks and Shares NISA Background At Budget 2014 it was announced that with effect from 1 July 2014 all ISAs will become New ISAs (NISAs). This applies to all existing ISAs and new accounts opened after 1 July. The NISA will offer flexibility to hold savings in any […]
NATIONAL SAVINGS Synopsis: The maximum investment in premiums bonds is increasing to £40,000 on 1 June and the number of £1m prizes will double in August. Date posted: Wednesday, May 28, 2014 Last March’s Budget gave a fillip to National Savings & Investments, with increased (N)ISA limits, the promise of ‘market leading’ savings bonds for […]
INDIVIDUAL SAVINGS ACCOUNT Synopsis: The increase to the JISA investment limit to £4,000 from 1st July offers an opportunity to re-visit tax efficient investment for higher education and first property purchase. But is a JISA the best option? Date posted: Monday, April 07, 2014 The tax free JISA offers a simple and highly tax efficient […]
INDIVIDUAL SAVINGS ACCOUNT Synopsis: A brief overview of the new rules which apply from 1 July 2014 – which could in turn provide another planning opportunity to help fund for the rising costs of higher education. Date posted: Friday, March 21, 2014 A welcome change to the current ISA investment stood out in the 2014 […]
FINANCIAL TIMES Financial Times:” UK state pension to rise by £2.95 per week”. State pension payments are expected to rise by £2.95 a week from next April following the release of official inflation data this week. Click here to go directly to the article Financial Times:” Probes boost HMRC tax take”. The amount of tax collected by […]
