Equity release is a way to release wealth tied up in your property, without selling it and moving to another home. It is specifically aimed at over 55’s who own their property outright, or have small mortgages left to pay, but do not have sufficient funds available to meet their lifestyle needs. This article willread more
“To Transfer… or not to Transfer, that is the question” – Shedding Light on The Final Salary Pension Conundrum
Back in the 80s, my Mother who is a retired Doctor, naively agreed, without properly understanding and under duress, to have her NHS Final Salary Pension transferred to a non-final salary pension by a Financial Adviser, she was in her 40s at the time. Today this would have been deemed unsuitable at the onset becauseread more
Lasting Powers of Attorney – Everything You Need to Know
None of us want to believe that we might lose our mental capacity, or how we would cope with our financial affairs if we do. Lasting Powers of Attorney (LPA) allow people to choose someone they trust to take decisions on their behalf if something happens and they are unable to make decisions for themselves.read more
Tax table 2019/2020
Alex Cheema CHARTERED FINANCIAL PLANNER Tax table 2019/2020 Putting the facts at your fingertips Click here to view onlineread more
Financial planning tips for small businesses
There are many challenges that come with starting and running your own company, and if successful, it will grow and evolve over the years. However, to avoid potential pitfalls and minimise their impact, small businesses can benefit greatly from taking time to consider these simple, yet important financial planning tips:- • Insure your key employeesread more
Personal versus limited company buy to let – which is the most tax efficient?
Why it pays to use a mortgage adviser if you’re self employed
When it comes to getting any mortgage, opting to do it yourself you can involve a lot of time trawling websites, comparing best buys and traipsing round various lenders. All of this takes time and it can be hard to know if you’ve made the right choice. It’s a fact that mortgage applications made throughread more
What happens if you die without a Will?
Unfortunately, many people are taking the unnecessary risk of dying ‘intestate’, otherwise known as dying without a Will. In the 2015/16 tax year HMRC saw the highest intake of inheritance tax revenue in history – £4.7 billion was raised, according to HMRC data. The Office for Budget Responsibility figures show the amount of families payingread more
Aggregator sites – why it is important to do your research.
If you are looking for financial advice and you are using the internet to find your adviser, you are of course, not alone.. Consumer perception currently seems to be that most people will be able to find, not only the most qualified and experienced financial advisors, but, ALL financial advisers on aggregator websites. This is notread more
Should I consolidate my pensions?
Prosperity Newsletter – Issue 3
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