Posts By: admin

New domicile rules

Posted on September 2, 2015 by - Uncategorized

Significant structural changes introduced from 6 April 2017

Permanent non-dom tax status will be abolished from 6 April 2017. The reform does not eliminate the tax status, but individuals who have lived in the UK for 15 of the past 20 years will lose the right to claim it. (more…)

Mind the gap

Posted on September 2, 2015 by - Uncategorized

Widening void between the ‘haves’ and ‘have nots’

Rising incomes and savings pots among UK families are masking a widening gap between the ‘haves’ and ‘have nots’, the latest Aviva Family Finance Report reveals. The last six months have seen the typical family’s income reach its highest point since March 2012. Better savings habits also mean the typical family is saving a record £113 each month. (more…)

Rising care needs for retirees

Posted on September 2, 2015 by - Uncategorized

People going into care could face bills in excess of the total pension pot they retired with

With the number of retirees going into care rising, research from LV= reveals that many people going into care could face bills in excess of the total pension pot they retired with. Over the last decade, the average length of stay in a care home has increased by 13% from 829 days to 955 days[1] – which equates to two years and seven months. (more…)

Staying connected trumps priorities

Posted on September 2, 2015 by - Uncategorized

Only 39% considered providing financial security for their family as essential

Britons consider having an Internet connection and mobile phone to be greater financial priorities than protecting mortgage and income, according to new research. (more…)

Funding a comfortable retirement

Posted on September 2, 2015 by - Uncategorized

Taking steps to plan for a better future

Regardless of the life stage you have arrived at, it is important to receive expert and professional advice on your pension plans and requirements. Yet many people spend more time planning their holiday than their own retirement. Perhaps because planning for retirement seems too complicated to think about. But according to people surveyed for BlackRock’s Investor Pulse survey, the biggest financial priority was still ‘funding a comfortable retirement’. (more…)