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Category: Uncategorized
The annual allowance for tax-privileged pension saving was reduced from ÂŁ255,000 to ÂŁ50,000 in the 2011/12 tax year. Now the lifetime allowance on money that can be accrued in a pension fund and still receive tax relief, for tax years 2012-13 onwards, will be reduced and is set to fall from ÂŁ1.8 million to ÂŁ1.5 million from April 2012.
Category: Uncategorized
No-one who is going through a divorce finds the process easy: it’s long, messy and almost always painful. Even if there are no children involved, divorce is a procedure that takes its toll on both sides: the acrimony, the paperwork – and the inevitable meetings with your solicitor.
Category: Uncategorized
In the UK, we may be putting more savings into stocks and shares ISAs than into personal pensions. Reporting on savings trends in the 2010/2011 tax year, the Office for National Statistics (ONS) said savers put ÂŁ14.3bn into personal pensions in that tax year, compared with ÂŁ15.8bn into stocks and shares ISAs.
Category: Uncategorized
It was a sign of the times that the first official word on George Osborne’s Autumn Statement was a tweet from his boss. David Cameron told his 178,514 followers on Twitter: We are on the right track and making progress.
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For a number of years, advisers have been preparing for the introduction of new rules, know as the Retail Distribution Review (RDR). These affect the way financial advice is delivered and how you pay for it.
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As in previous years, Serenity Financial Planning is proud to support Financial Planning Week. This year it's 26th November till 2nd December .
