Posted on September 2, 2015 by admin - 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…)
Posted on September 2, 2015 by admin - 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…)
Posted on September 2, 2015 by admin - 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…)
Posted on September 2, 2015 by admin - 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…)
Posted on September 2, 2015 by admin - 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…)