Posted on July 3, 2014 by admin - News, Retirement
Helping you to understand the increased flexibility and choice available to you
The Budget announced unprecedented flexibility and choice in how people can use their pension savings in the future. From 6 April 2015, people over 55 can choose to withdraw their pension savings as they wish, although this will be subject to their marginal rate of income tax in that year. (more…)
Posted on July 3, 2014 by admin - News, Retirement
New freedom could still prove costly
The Budget 2014 announced unprecedented flexibility and choice in how people can use their pension savings in the future. From 6 April 2015, people over 55 can choose to withdraw their pension savings as they wish, although this will be subject to their marginal rate of income tax in that year. (more…)
Posted on July 3, 2014 by admin - News, Wealth Creation
Concerns a tax planning arrangement was being abused
HM Revenue & Customs (HMRC) has confirmed that new proposals for a single nil rate Inheritance Tax (IHT) band for trusts will not be applied to existing trust arrangements, where no further assets are added or variations made to that trust. (more…)
Posted on July 3, 2014 by admin - Retirement, Wealth Creation
Keeping track of your retirement savings
Over the course of your working life, the chances are you’ll change jobs a few times, picking up different pension pots along the way. (more…)
Posted on July 3, 2014 by admin - News, Wealth Creation
Why so many of us are financially uncertain
Almost half (47%) of Britons are up and down when it comes to money, making shrewd savings one moment to justify overspending the next, according to research from Standard Life by YouGov Plc. (more…)