Pension transfers may have peaked
Transfers out of private sector final salaries boomed in 2017 but have slowed since. There was a dramatic increase in the value of number of transfers out of defined benefit (usually final salary) pension schemes in 2017. A recent Freedom of Information (FoI) request to the Financial Conduct Authority (FCA) revealed that the value of […]
Even the government thinks tax is too complicated!
The Office of Tax Simplification (OTS) is looking at ways to simplify tax on savings. The OTS is looking at the way in which savings and investment income is taxed, which can be very complicated. Its May 2018 paper states, the interactions between the [tax] rates and allowances is sufficiently complex at the margins that […]
Technical Club May 2018 – The Winning Formula
Our second Technical Club of 2018 kicks off on the 17th May and we would love to see you in the stands (pie optional). fa-users Who? This is an invitation-only event for selectclients and professional connections. fa-location-arrow Where? Our prestigious office atThe Old Court House, 191 High RoadSouth Woodford, London, E18 2QF […]
ISA inheritance tax rules improve at last
The rules will change from 6th April 2018. ISAs have always been a bit of an outlier when it came to inheritance tax as they are an otherwise simple, tax-efficient vehicle for savings and investments. But when it comes to death these tax benefits vanished. In 2014, George Osborne announced that ISAs would become inheritable […]
How to find your state pension forecast
How much will your state pension be? Most working people in the UK will be eligible for the state pension eventually. How much you get and when will depend on your personal circumstances. You need to have contributed 35 years of full national insurance contributions to qualify for the full state pension, but you can […]
Launching our 2018 seminar programme
We launched our 2018 seminar program last week, just after Valentine’s Day, on the subject of ‘Hold on to what you love’. We had a great turnout and delegates heard from three great speakers. Our first seminar was primarily aimed at accountants so we could explain and demonstrate the following topics: Lindsey Nelson of CFC […]
Seminar February 2018 – Hold on to what you love
We are delighted to invite you to the first of our quarterly technical club meetings of 2018, taking place on 15th February 2018. fa-users Who? This is an invitation-only event for selectclients and professional connections. fa-location-arrow Where? Our prestigious office atThe Old Court House, 191 High RoadSouth Woodford, London, E18 2QF fa-calendar When? Thursday 15th […]
Real risks for the self-employed
Being your own boss is the dream for most of us. Nothing beats getting out of bed whenever you want and it’s nice to be certain that there will be milk in the fridge for your tea break, but there are downsides too. You have to find your own clients, do your own marketing, and […]
Pension Freedoms – the two-year check-up
Let’s revisit pension freedoms two years on. It’s been two years since pension freedoms were introduced. So where are all our sports cars? The Financial Conduct Authority (FCA) has examined the impact of pension flexibility and is worried about the lack of advice. Pension freedoms came into effect in April 2015. In theory, since then […]