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 will
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 because
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.
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 employees
Your home may be repossessed if you do not keep up repayments on your mortgage. The Financial Conduct Authority does not regulate on Buy to Let Personal versus limited company buy to let - which is the most tax efficient? Much has been written about the benefits of owning rental properties through limited companies, specificallyread more
MatthewPersonal versus limited company buy to let – which is the most tax efficient?
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 through
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 paying
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 not
The value of pensions and investments can fall as well as rise. You may get back less than you invested. Transferring out of a Final Salary scheme is unlikely to be in the best interests of most people. The end of the tax year is traditionally the time of the year when pension holders lookread more
Blog Home Thinking of setting up a Limited Company to invest in Buy-to-Let (BTL) property? In recent months, there has been quite a bit of coverage about using Special Purpose Vehicles (SPVs) to separate rental income from a landlord’s personal income. So, we decided to run a piece on this, to help clear up the
The value of investments and the income they produce can fall as well as rise. Many of us are thinking about financial investment advice as we approach the end of 2015 so I thought that now would be a good time to reflect on this year and to begin to think about the year ahead.read more
A CGlobal Outlook and Financial Investment Advice in 2016
The value of investments and the income they produce can fall as well as rise. UK Post-election thoughts A lot has been happened since I last blogged, in the political arena, in the economy, and in the global financial markets. The good news is that if the Conservative Party hadn't gotten a majority seat, theread more
The value of investments and the income they produce can fall as well as rise. This is part two of 'How the Russia-Ukraine conflict might affect your investments'. In this post I will look at the recent developments in this ongoing conflict and specifically what these developments mean for both private and institutional investors. The firstread more
A CRecent Developments to the Russia-Ukraine conflict. Is your money safe?
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Friends of ours recently bought their first house, the estate agent told them two things, 1/ that they must use the estate agent’s conveyancer and 2/ that they must also use the estateread more
A CWhy home buyers need to keep control to succeed
The value of investments and the income they produce can fall as well as rise. Recently the ECB, Mario Draghi, cut the benchmark interest rate to 0.05%. This is good news for the markets in the short term. Why though has Mr Draghi cut the ECB rate when we are supposed to be in the processread more
The value of investments and the income they produce can fall as well as rise. Investing consistently well is a tricky business and we all aspire to do this but with varying degrees of success. Knowing when to invest can have material consequences on how your investment will perform, even for longer term Investments. Theread more
The value of investments and the income they produce can fall as well as rise. This blog looks at the Russia-Ukraine conflict and how this might affect the global markets and global economy. Background Ukraine has a long history. Interestingly one of its most famous exports was and is the classical musician, Trikovsky. Ukraine firstread more
A CHow the Russia-Ukraine conflict might affect your investments
Will and estate planning is not regulated by the Financial Conduct Authority. My parents have worked hard their whole lives and are still working. They have built up enough wealth to feel reasonably comfortable financially. By comfortable I mean that they own their house outright and have built up a reasonable pension. To summarise, they areread more
The value of investments and the income they produce can fall as well as rise. 60%+ of people who come to me with enquires about pensions are between 45 and 65 years of age. They are often still working and plan to keep on working until they reach the age of 65 for one reasonread more
The value of investments and the income they produce can fall as well as rise. I have talked about Quantitative Easing in previous posts and I strongly believe it will remain relevant specifically when we consider investments. The pattern we see has been in evidence since late 2008 can be summarised as below: A QEread more
The value of investments and the income they produce can fall as well as rise. Tax planning is not regulated by the Financial Conduct Authority. I remember one of the professors at my post grad school saying that, ‘if you take a sample of say 10 people from the street and asked them to pick say 30read more
A CActively managed funds vs. tracker funds: Chalk and cheese?
The value of investments and the income they produce can fall as well as rise. I've mentioned 'currency wars' in a previous post which I will talk about in today's blog. I think it important to outline what contrived currency depreciation means and why a country would want to do it and how it affects allread more
The value of investments and the income they produce can fall as well as rise. This article from the ft.com yesterday provides an interesting follow on from my last post. As the Chinese look to lessen their reliance on the United States Dollar (USD) as their main trading currency and so the Chinese Renminbi gainsread more
The value of investments and the income they produce can fall as well as rise. This article from the FT talks about one of the few relatively unblemished countries from the credit crisis, Australia, now buying up large chunks of Chinese sovereign debt in the name of building trade relationships and diversification. This in my view is aread more
A CFurther global contagion or strategic positioning?
The value of investments and the income they produce can fall as well as rise. There is a lot to be confused about for anyone trying to understand the global economy these days, and we do live in a global economy. We live in times where things like Quantitative Easing (QE) happen on a regularread more
A CA grim global outlook but make hay while the sun shines…