What will influence your retirement income needs? Retirement is a time for you to do the things you’ve always wanted. When considering your retirement income needs, you need to consider the types of events you would like to happen after you retire that may impact your budget. Thinking about these early could help you when… Continue reading Life events
Category: Financial News
Wealth preservation
Reducing Inheritance Tax means taking action now Without professional advice and careful financial planning, HM Revenue & Customs (HMRC) can become the single largest beneficiary of your estate following your death. A recent survey about Inheritance Tax (IHT)[1] shows that wealthy Britons over the age of 45 are either ignoring estate planning solutions or they have forgotten about the benefits these… Continue reading Wealth preservation
Inheritance Tax
Isn’t it time you assessed your estate’s potential liability? In the event of your premature death, unless you plan carefully your family could end up paying a sum in Inheritance Tax (IHT). Have you recently assessed your potential liability to IHT? If so, and you have a potential liability, have you planned to reduce it?… Continue reading Inheritance Tax
Pooled investment schemes
Investing in one or more asset classes Investing in funds provides a simple and effective method of diversification. Because your money is pooled together with that of other investors, each fund is large enough to diversify across hundreds and even thousands of individual companies and assets. A pooled (or collective) investment is a fund into… Continue reading Pooled investment schemes
Open-ended investment funds
Acting in the investors’ best interests at all times Open-ended investment funds are often called collective investment schemes and are run by fund management companies. There are many different types of fund. These include: Unit trusts OEICs (Open-Ended Investment Companies, which are the same as ICVCs – Investment Companies with Variable Capital) SICAV (Société d’Investissement… Continue reading Open-ended investment funds
Individual Savings Accounts
A popular ands imple way to save The end of the 2009/10 tax year is rapidly approaching and now is the perfect time to consider your Individual Savings Account (ISA) options. These tax-efficient wrappers are a popular and simple way to save, as you don’t pay any personal income tax or capital gains tax on… Continue reading Individual Savings Accounts
Investing for income
During these difficult economic times, one of the tools available to the Bank of England to stimulate the economy is interest rates. Lower interest rates mean that it is cheaper to borrow money and people have more to spend, hopefully stimulating the economy and reducing the risk of deflation. This is why the Bank of… Continue reading Investing for income
Financial resilience
How prepared are you for any financial shocks? Over three million working couples are classed as ‘double income, no option’ (DINOs), which means they are potentially financially vulnerable if one of the two loses their earnings. The typical household today looks very different from the traditional image of a working family made up of one… Continue reading Financial resilience
Socially responsible investing
Not sacrificing your life principles in exchange for chasing the best financial returns For investors concerned about global warming and other environmental issues, there are a plethora of ethical investments that cover a multitude of different strategies. The terms ‘ethical investment’ and ‘socially responsible investment’ (SRI) are often used interchangeably to mean an approach to… Continue reading Socially responsible investing
Open-ended investment companies
Investing in a variety of assets to generate areturn for investors Open-ended investment companies (OEICs) are stock market-quoted collective investment schemes. Like unit trusts and investment trusts they invest in a variety of assets to generate a return for investors. An OEIC, pronounced ‘oik’, is a pooled collective investment vehicle in company form. They may… Continue reading Open-ended investment companies
