Monthly Archives: January 2016

Open-handed Grandparents

Posted on January 4, 2016 by - Uncategorized

Generosity shows no sign of stopping

Forget the headlines about post–pension freedoms with retirees spending their nest egg on a Lamborghini – new research shows that 2.4 million UK grandparents[1] have either withdrawn money from their pension to support their grandchildren or plan to in the future. (more…)

New dividend tax regime

Posted on January 4, 2016 by - Uncategorized

What could the new system mean to you?

From April this year, the notional 10% tax credit on dividends is to be abolished and will be replaced by a new tax-free Dividend Allowance. The Dividend Allowance means that you won’t have to pay tax on the first £5,000 of your dividend income, no matter what non-dividend income you have. (more…)

Retirement matters

Posted on January 4, 2016 by - Uncategorized

Pension changes you need to know

Chancellor George Osborne delivered his Spending Review and Autumn Statement on Wednesday 25 November 2015. For the first time in this Parliament, he did not announce any further radical changes to the private pensions system, giving the Treasury more time to digest the Green Paper consultation from the summer Budget. (more…)

ISA returns of the year

Posted on January 4, 2016 by - Uncategorized

Finding the right mix of tax-efficient investments

We all have our own financial goals, so it’s important to find an approach that suits our current financial situations and future plans by finding the right mix of investments to achieve them. (more…)

Pension credit

Posted on January 4, 2016 by - Uncategorized

Cuts for people who go abroad for over a month

People who go abroad for over a month will no longer be eligible for pension credit. At present, housing benefit and pension credit recipients can go abroad for up to 13 weeks while continuing to receive payouts. (more…)