TAX SAVING VIA NEW PENSIONS RULES 19.08.14
From April 2015 the new pension rules will take effect and we will know more about what we can and cannot do. We now know that you will be allowed to invest up to £10,000 in a pension in a tax year once you are in drawdown as opposed to taking an annuity or not […]
BUDGET OFFERS ADVICE FOR RETIREES SHOULD PROVIDERS PAY FOR IT? 11.04.14
This is brought about by the budget promise to fund £22m for advice to retirees. This is not enough to provide individual free advice. So should providers pick up the tab? The answer probably is that they will as it is a marketing opportunity for them. That is exactly why it should not be the […]
THE 2014 BUDGET PENSIONS SHAKE UP AND NEW ISA RULES 19.03.14
At last something radical from a Chancellor that may even make tax rules and life for some people simpler. ISA Cash and stocks and shares ISA’s merged and new limit for tax year 2014/15 is £15,000. PENSIONS Dramatic unexpected changes here. No need to buy an annuity, even at age 75. An annuity gives you […]
WHETHER TO FOLLOW A MANAGER OR STAY WITH A FUND? 12.03.14
Moving managers immediately brings to mind Neil Woodford of Invesco Perpetual High Income etc. and Anthony Bolton formerly of Fidelity Special Situations. Both of whom have had an excellent track record. So should you move with them? Should you stay? Maybe this is better put by should you move or should you stay? This depends […]
RETAIL DISTRIBUTION REVIEW- HAS IT WORKED? 19.02.14
RDR was meant to create a profession. It is also necessary, therefore, for the public to perceive it as such. Else what is the point. This is and was not an easy task. The other question that needs to be addressed is “who was the profession meant to serve?” Have they created a profession? Possibly. […]
