Someone once said that preparing for retirement was as big a challenge as starting your first job, and in many ways, it can be. In the early part of the last century, retirement was sadly often very short. Thanks to increasing life expectancy, people retiring today could be looking at several decades. That’s why more […]
New figures show that Alzheimer’s disease and other forms of dementia are now the leading cause of death in England and Wales1. That’s why many people are putting a Lasting Power of Attorney (LPA) in place whilst they still have mental capacity, giving them and their families valuable peace of mind for the future. How […]
The much talked-about Residential Nil Rate Band will come into effect in the new tax year, in about a month’s time. The RNRB will allow you to pass down your main residential home to your direct descendants, which includes children, adopted children, step-children, foster children or children under guardianship with you, if you die […]
The Treasury have announced that it is now possible to withdraw up to £1,500 from your pension pot, tax free, in order to pay for financial advice. This rule change comes into effect in April this year and allows you to withdraw £500 at a time, three times per year, to use in payment […]
Last month inflation was up to 1.6%, the highest since June 2014, and it is expected to rise to 2% throughout 2017 because of the rising cost of imported goods. The Bank of England originally forecast 1.4% growth back in November last year, but the growth outlook for 2017 has been upgraded to a solid […]
It would seem that, with the scrapping of pension exit fees, providers will always have other ways of applying fees that are to their advantage. One of those ways is servicing fees. Now, we fully agree with servicing fees – providing the service justifies the fee. However, in reality the so-called ‘service fee’ generally involves […]
