Posted on May 7, 2014 by admin - News, Retirement
Fundamental plans to redesign the UK defined contribution pension system (as opposed to workplace final salary schemes) were announced as part of the Budget 2014 speech. This is the most far-reaching reform to the taxation of pensions since the regime was introduced in 1921, introducing new flexibility to the pensions system. (more…)
Posted on May 7, 2014 by admin - Investment, News
It seems incredible that the Bank of England base rate has stood at 0.5% since March 2009. It’s made unhappy headlines for savers looking to generate income over the previous five years. (more…)
Posted on May 7, 2014 by admin - News, Wealth Creation
The number of people in the UK with no savings at all has risen year-on-year from eight million to over nine million, or 1 in 5 of the UK adult population, according to the 2014 Scottish Widows Savings Report. This brings the proportion of people who have savings (67%) down to a level not seen since 2011. (more…)
Posted on May 7, 2014 by admin - Investment, News
A tax-efficient way to help you minimise the tax you pay
No one knew back in 1999 how popular Individual Savings Accounts (ISAs) would become but with £443 billion[1] now held in ISAs, they’ve established themselves as a core option for saving and investing in a tax-efficient way to help minimise the tax you pay on the proceeds. (more…)
The Chancellor of the Exchequer, George Osborne, gave his fifth Budget speech to Parliament on 19 March 2014. He unveiled plans to support economic recovery – including tax breaks to boost productivity, exports and manufacturing. (more…)
D O'Kane Financial Services Ltd is authorised and regulated by the Financial Conduct Authority.
© 2014 D O'Kane Financial Services Ltd. All rights reserved.
