Category: pensions & retirement & savings & Uncategorized
According to a recent article in the Daily Telegraph, drawing on data from the International Longevity Centre (ILC) and the Institute for Fiscal Studies (IFS), baby boomers are a âfrugal not frivolousâ generation, with the data revealing that people in their sixties and seventies are saving nearly twice as much money as thirty and forty-year olds.
Category: Inheritance & pensions & retirement & Uncategorized
Money typically flows down through generations. This is the way it has always been and our natural life cycles will continue to ensure it is likely to be that way for the foreseeable future.
If you are a parent, you will initially support your children, before eventually leaving them an inheritance.
Category: Market commentary & Uncategorized
Occasionally when weâre compiling these monthly commentaries we look at our notes, realise that not very much has happened in the month and have a minor panic. What are we going to report on?
There are no such worries this month. December 2015 seemed to be the month when pretty much everything happened. The only worry this month is fitting it all inâŚ
Category: pensions & Uncategorized
1. You can now take your defined contribution pension how you like
From April 2015, withdrawals from your pension will be treated as income and you can withdraw what you like; the amount of tax you will pay on what you withdraw will depend on the amount of other income you have in that year, as long as you are 55 or over. Previously, full withdrawals were taxed at 55%.
Category: Economy & Uncategorized
Financial planning, when itâs done right, is a pretty amazing experience. A prospective client comes to see you in the belief theyâve simply got a pension or investment problem, and ends up (a few weeks or months later) with a plan thatâs changed their life and their relationship to money.
Category: Financial planning for Businesses & Tax & Uncategorized
Commentary on the Chancellorâs Autumn Statement in the accounting community has been focused on just a few key headlines, reflecting the wider acceptance that this was an Autumn Statement of âtweaksâ rather than ârabbits-out-of-hatsâ.
