News
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Protecting your cash from cyber threats
- 2nd July 2020
- Posted by: shayne
- Category: Risk Management
No CommentsCOVID-19 prompts spike in fraudulent behaviour. While the UK tries to deal with the economic impacts from COVID-19, reports are rife of fraudsters stepping up their attempts to access your money. Since the outbreak of COVID-19, around three in five scams are bank-related, followed by insurance (35%) and pensions (19%). Worryingly, one in five adults
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Tracking and consolidating your pensions
- 1st July 2020
- Posted by: shayne
- Category: Pension
Should you transfer or consolidate funds? Around £19.4 billion has not been claimed in 1.6 million lost or forgotten pension pots, according to the Association of British Insurers (ABI). On average, this equates to about £13,000 per pension pot. The ABI claims providers are attempting to reunite people with their lost pension plans by sending
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Wealth Knowledge – June 2020
- 3rd June 2020
- Posted by: shayne
- Category: Wealth Knowledge
COVID-19 forces Treasury to rethink the state pension triple-lock The Government is reportedly considering scrapping the pensions triple lock in an attempt to recoup billions of pounds spent on coronavirus support schemes. The triple-lock system is what determines the annual increase in the state pension by whichever is the highest of average wage growth, price
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Pensions for company directors
- 2nd June 2020
- Posted by: shayne
- Category: Pension
Pensions for company directors Saving for retirement through your limited company. Being the director of a limited company gives you independence. It gives you the freedom to choose how and when you work, and to determine the direction of your business as you build it over time. But it also means there’s no one to
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Making the most of a windfall
- 1st June 2020
- Posted by: shayne
- Category: Tax
What to consider if you come into big money. Anyone who watched ITV’s recent drama Quiz, depicting Charles Ingram cheating his way to £1m on Who Wants to Be a Millionaire? back in 2001, can be forgiven for dreaming of scooping a windfall. Those dreams are likely to become more vivid this year, with the
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Wealth Knowledge – May 2020
- 6th May 2020
- Posted by: shayne
- Category: Wealth Knowledge
Furloughed savers warned over relaxed workplace pension rules Furloughed workers saving into workplace pension schemes are being warned to be on their guard about employers cutting their contributions without their consent. Around nine million employees in the UK have been furloughed since lockdown measures were introduced. Millions of other workers are considering reducing contributions or
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Gifts, philanthropy and inheritance tax
- 5th May 2020
- Posted by: shayne
- Category: Inheritance Tax
Gifts, philanthropy and inheritance tax Tax considerations when giving to loved ones or a good cause. When you’re writing a will and planning your estate, you’ll want to make sure as much as possible goes to the people and causes you care about. The good news is there are incentives for those who decide to
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Coronavirus: The effects on house prices
- 4th May 2020
- Posted by: shayne
- Category: Home Buying
Coronavirus: The effects on house prices How lockdown impacts on the property market. Most investment portfolios are experiencing extreme market volatility this year as the coronavirus pandemic continues to affect every aspect of life in the UK. For many homeowners who are planning to put their house on the market this spring, it’s no different
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Wealth Knowledge – April 2020
- 3rd April 2020
- Posted by: shayne
- Category: Wealth Knowledge
Coronavirus pandemic could halve global growth outlook to 1.5% Coronavirus could slow global economic growth to its slowest rate since 2009, the Organisation for Economic Cooperation and Development (OECD) has warned. The organisation currently estimates global growth of 2.4% over the course of 2020 – down from 2.9% last year – and 0.6% down on
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Helping your adult children buy a home
- 3rd April 2020
- Posted by: shayne
- Category: Home Buying
Helping your adult children buy a home Options to help your offspring on the property ladder. Many young adults can’t wait to get on the property ladder, but sometimes they need a helping hand. There’ll come a time when your grown-up children want to buy their first property and you may well recall them idly