Articles and News

21Jul

New flexible pensions: why we will not be spending them all at once…

New flexible pensions: why we will not be spending them all at once…
Much has been written about the new dawn of pensions flexibility ushered in by the Chancellor in his last budget. Amidst the thunderous applause and cries of ‘long overdue!’ from most pension holders there were, however, stern noises from certain quarters – Labour’s Ed Balls among them – that the overwhelming temptation for many would be to rush out and spend the newly release-able funds on hugely expensive sports cars and exotic once-in-a-lifetime holidays.

Posted in Retirement Planning

14Jul

Hopeful homebuyers underestimate cost of a mortgage

Hopeful homebuyers underestimate cost of a mortgage
Many homebuyers are living hopefully, underestimating the cost of mortgages and would need to heavily cut back on spending in order to make ends meet, according to research by Experian. The average price of a property targeted by first-time buyers is £235,000 while typical household income is £50,674, the research has found.

Posted in Financial Planning for individuals/families

14Jul

7 Alternatives to using pensions to save for retirement

7 Alternatives to using pensions to save for retirement
Faced with a hefty 55 per cent pensions tax bill because of HM Revenue & Customs new lower lifetime pensions allowance, many middle-to-high earners with generous pension arrangements are seriously on the lookout for alternatives to pensions as savings vehicles for retirement.

Posted in Retirement Planning

03Jul

New ISAs: going the distance with new pensions – or delivering the knockout punch?

New ISAs: going the distance with new pensions – or delivering the knockout punch?

‘Out with the old and in with the new’ regimes

The Chancellor’s March 2014 Budget may well go down as one of the most radically overhauling game-changers since Lloyd George ushered in the state pension in the 1908 Pensions Act (at the time perceived as dangerously radical).

Posted in Investments, Retirement Planning, Financial Planning for individuals/families