Posts By: admin

Brexit: Investments

Posted on July 1, 2016 by - Uncategorized

Maintaining a long-term perspective is the key to investment success

As was widely predicted, a vote to leave the EU wiped billions off companies’ share prices. Low interest rates and volatile stock markets are likely to be the order of the day for the foreseeable future, and any rise in interest rates would be good news for savers. (more…)

Brexit: Taxation

Posted on July 1, 2016 by - Uncategorized

No laws have changed

A week before the EU referendum, the Chancellor of the Exchequer, George Osborne, warned that a vote to leave the EU might result in tax increases too. He spoke about a 2p rise on the basic tax rate (currently 20p in the pound) and a 3p rise in the higher rate (currently 40p). He also said Inheritance Tax (IHT) might rise by 5p from its current 40p in the pound. But to do so would go against the Conservative Government’s promises at the last general election, making this decision to implementdifficult politically. (more…)

Brexit: Mortgages

Posted on July 1, 2016 by - Uncategorized

Will the Bank of England cut interest rates?

Before the EU referendum vote, the Treasury predicted a vote for Brexit would mean a rise of between 0.7% and 1.1% in borrowing costs. The Prime Minister, David Cameron, claimed the average cost of a mortgage could increase by up to £1,000 a year. (more…)

Brexit: UK ready to face the future ‘from a position of strength’

Posted on July 1, 2016 by - Uncategorized

For the UK to leave the European Union, it has to invoke an agreement called Article 50 of the Lisbon Treaty.

The Prime Minister, David Cameron, announced on Friday 24 June he would be stepping down as prime minister by October, and he or his successor will need to decide when to invoke Article 50 which sets in motion the formal legal process of withdrawing from the European Union and gives the UK a period of two years to negotiate its withdrawal. (more…)

Advice with you in mind

Posted on July 1, 2016 by - Uncategorized

One of the most important relationships you may ever have

Few people really have the time to understand the significant number of financial products on the market at any time. If you’re looking to invest, buy a protection product or plan for the longer term, expert professional financial advice is essential to help enable you to create a financial plan that is realistic. (more…)