News
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Autumn Statement 2016
- 24th November 2016
- Posted by: shayne
- Category: Autumn Statement
No CommentsAutumn Statement 2016 Introduction The first major economic statement since the EU referendum focused on measures to "prepare our economy to be resilient as we exit the EU". Unsurprisingly, the Office for Budget Responsibility (OBR) forecasts for growth have changed since the last figures were published in March. The prediction for 2016 is 2.1%, slightly -
Wealth Knowledge – November 2016
- 1st November 2016
- Posted by: shayne
- Category: Wealth Knowledge
Wealth Knowledge – November 2016 In this month’s FAC Group Wealth Knowledge… 40% of families have had to cover funeral costs after the deceased didn’t make any financial arrangements. A fifth of self-employed people would cut back on insurance if they had to reduce costs. Paying a year’s worth of voluntary national insurance could boost
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Trusts
- 1st November 2016
- Posted by: shayne
- Category: Trusts
Trusts A beginner’s guide to using trusts in England and Wales. Trusts are legal arrangements that enable you to transfer the ownership of assets such as cash, property and investments to a trustee, or group of trustees. The trustees will manage the assets and pass them on to beneficiaries according to your wishes. Placing assets
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Accessing your pension
- 1st November 2016
- Posted by: shayne
- Category: Pension
Accessing your pension A guide to choosing how to access your pension savings. Your pension can often seem like an abstract concept among the early morning commutes, home purchases, new jobs and other events that make up the average person’s working life. However, when you begin to reach the end of employment, the abstract suddenly
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Investing in bonds
- 3rd October 2016
- Posted by: shayne
- Category: Investment
Investing in bonds The essential guide for newcomers to the bond market. It is not unusual for a first-time investor to feel intimidated by the bond market. The many different types of bonds on offer, as well as the complex terminology, can deter newcomers from making their first investment. However, bonds are an essential component
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Rewarding your staff
- 3rd October 2016
- Posted by: shayne
- Category: Small Business
Rewarding your staff A guide to showing your appreciation without having to give too much to the taxman. What makes an employee go above and beyond the call of duty, to put in extra effort beyond turning up on time, doing what’s required and taking home their salary? It might be related to the goals
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Wealth Knowledge – October 2016
- 3rd October 2016
- Posted by: shayne
- Category: Wealth Knowledge
Wealth Knowledge – October 2016 In this month’s FAC Group Wealth Knowledge… just under a fifth of individuals aged 55 and over do not currently have a will. The publication of the Savings Bill has confirmed that there will be a 5% early withdrawal charge for savings in Lifetime ISAs. A record number of property
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Wealth Knowledge – September 2016
- 1st September 2016
- Posted by: shayne
- Category: Wealth Knowledge
Wealth Knowledge – September 2016 In this month’s Wealth Knowledge… just under half of 25-34 year olds plan to utilise shared parental leave when they start a family. The yield on UK 10-year bonds has fallen to a record low, as the Bank of England missed its bond purchase target. There were 8.3 million people
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Financial planning in retirement
- 1st September 2016
- Posted by: shayne
- Category: Financial Planning, Retirement
Financial planning in retirement A guide to creating an effective financial game plan in retirement. Retirement is a time to be enjoyed. After years of work a person’s retirement is meant for appreciating the important things in life. Unfortunately, many pensioners find themselves worrying about their finances. Age UK estimates that 14% (1.6 million) of
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Financing long-term care
- 1st September 2016
- Posted by: shayne
- Category: Longterm Care
Financing long-term care An introduction to the long-term care market and the main strategies for funding. Life expectancy in the UK is projected to rise from the 2012 average of 80 years for men and 83 for women, to 86 for men and 88 for women by 2030. This increased life expectancy means that many