Pension relief reduction for high earners

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From April 2016 the amount of tax relief on pension contributions will be gradually reduced, by reducing the annual allowance from £40,000 to £10,000 for those individuals with an ‘adjusted income’ of over £150,000 and who have an income (excluding pension contributions) in excess of £110,000.
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31 Hits

How do you calculate Capital Gains Tax?

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Capital Gains Tax can be very complicated so we have put together an example of how to calculate a capital gain tax. This is shown below.
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48 Hits

Investing on a Direct Platform or advice “part 2”

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So my first blog (yesterday) on this subject, stemmed from a conversation I was having with a really good friend and client who just assumed that investing on a direct investment platform must be cheaper, and therefore better than taking an advised route, – in spite of obviously wanting to be re-assured of some of his decision making, which caused me to gradually participate in an elongated bit of banter, extolling the virtues of advice, which I could do because of our friendship.

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1661 Hits

Sure you can invest yourself on a direct platform like Hargreaves but is it really worth it?

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Understanding the difference between what is offered with advice against a direct investment with Hargreaves can be confusing…. just in case you missed what the difference is, here is an overview.

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1730 Hits

Info4Care Website

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Info4Care is a free internet-based information and advice service designed to help older people and their families understand the English care system in a simple and logical way. Its primary aim is to signpost them to the most relevant sources of help and advice both locally and nationally.
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21 Hits

Lifetime Allowance protections available from 6 April 2016

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Introduction of new HMRC protections
As a consequence of reducing the standard Lifetime Allowance (LTA) to £1 million from 6 April 2016, the Government’s solution is to offer new protections to members who could be impacted by the reduction (as they have done on previous occasions since the LTA was introduced on 6 April 2006).

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2050 Hits

Investment Bonds And Care Costs

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Here is some information about care costs and capital. Many individuals requiring long-term care are eligible for a non-means tested contribution towards nursing care.
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45 Hits

26 Reasons Your Need Income Protection

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Many clients think Income Protection is something they'll never need. However, UK statistics show that you're 26 times more likely to be incapacitated and off work for more than 6 months, than to die before the age of 65.
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1600 Hits

The ‘Vouched For’ Website – a money maker lead generator in sheeps clothing

I, along with many other IFAs as I understand it, have cancelled my association with them.

When I first started using ‘Vouched for’ in 2012 I was quite impressed as it seemed to have an ‘altruistic’ almost noble principle at the heart of what it was doing, of helping the public find IFAs that others had used, with comments on how clients had found working with each IFA, in a fairly unbiased and reasonable way. I suppose it was naïve of me to think like that.
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1842 Hits

Statement of Borrowing and Capacity for Borrowing

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A Statement of Borrowing / Capacity for Borrowing is often required in Divorce proceedings and is an analysis report of a borrower's circumstances, & a confirmation of lenders expected lending capacity with a confirmation letter to the court.
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42 Hits