Category: savings & Uncategorized
During the 2015 Budget announcement, the Chancellor, George Osborne revealed a new type of ISA, to be made available to the public in the Autumn of this year. The Help to Buy ISA is sure to be of interest to young people in particular, or to parents with children who are currently in the process of searching for their first home. So, just what is a Help to Buy ISA and how exactly do they work?
Category: FCA & pensions & Uncategorized
The Financial Conduct Authority (FCA), on 4th March 2015, published a consultation paper on proposed changes to its pension transfer rules, designed to reflect the Government’s new flexible pensions regime. This regime will bring advice on transfers from defined benefit (DB) schemes to occupational defined contribution (DC) schemes into the FCA’s remit. Consumers will be required to take advice before transferring out of a DB scheme and it will be the responsibility of trustees to check that people have taken advice.
Category: Market commentary & Uncategorized
The focus in March inevitably turned towards the UK Budget – delivered by Chancellor George Osborne on March 18th – and the forthcoming General Election, with the two main parties currently running neck and neck in the opinion polls.
Category: savings & Uncategorized
We are hearing a lot through the media about the attacks we may experience under the new UK Pension Reform arrangements and regulations, when we gain access to our pension pots and can choose to do what we like with them. What an opportunity for fraudsters who right now are ready to assault our new wealth castles!
Category: pensions & Uncategorized
The Office of National Statistics 2014 Annual Survey of Hours and Earnings provides us with evidence of the considerable impact of Automatic Enrolment within the pensions arena – for employees and employers. According to the survey findings:
Category: pensions & Uncategorized
With final salary pension schemes traditionally offering a promising level of savings for retirement, moving away from them and into money purchase schemes has normally been seen as an unattractive proposition.
