Auto Enrolment: Seven Important Things You Need To Know
Auto Enrolment has now been underway for several years, and while the project is nearing the end we are not there yet. There are also some changes on the horizon, so we want to make sure you are aware of what is coming, and also take the opportunity to remind you of some important responsibilities […]
Moneyworks Summer 2017
Your new Moneyworks magazine is available. In this issue, What next after Brexit? And how will it affect your money? Will inheritance tax catch you out? What the new rules mean for you. The pension revolution It’s been two years since major pensions reform took place, but you still need a careful plan. Are you […]
Has the government mis-sold pensions?
Most pensioners are not receiving the full flat-rate pension promised by the government. The new state pension, which launched 6th April 2016 was supposed to provide certainty of income for people in retirement, but a Freedom of Information (FoI) request made by the Sunday Times has revealed anything but. The Sunday Times asked how many […]
Auto enrolment explained in under 90 seconds
Do you employ even a single person? Then you need to make sure you are following the rules correctly on the new pensions auto enrolment legislation. To find out more visit the dedicated auto enrolment section of our website here. You can also call us on 020 8559 2111 or email us at ae@bbifp.com. If […]
National Savings are cutting interest rates
Rates on a range of National Savings & Investments products will fall from 1 May. National Savings and Investments (NS&I) has announced that it will be cutting interest on four of its variable rate products from 1 May. These follow the Bank of England’s base rate cut to 0.25% which took place in August 2016. […]
Fantastic Puzzle #1
Charlotte loves to bake cakes for the BBIFP team (BBIFP. Fantastic Pastries?), using her favourite rectangular baking tin. The thing is, with our advisers coming and going all week long there is often only two people left to eat it. Charlotte doesn’t play favourites so she always makes sure to cut the cake exactly in […]
Is the spectre of high inflation returning?
December 2016 had the highest inflation figure since July 2015 Inflation was far from our minds for much of 2015. The Consumer Price Index (CPI), the government’s chosen measure, showed annual inflation oscillating between -0.1% and 0.3%. Last year told us a rather different story and by December 2016 prices were rising by 1.6% a […]
The residence nil rate band is coming soon
From April 2017, the residence nil rate band comes into being. The Conservative Party’s manifesto for the 2015 election promised to “take the family home out of tax by increasing the effective Inheritance Tax threshold for married couples and civil partners to £1 million.” The legislation which starts the first stage of this process comes […]
Your extremely accurate financial predictions for 2017
At the start of a new year it’s common for financial pundits to predict the value of the FTSE 100 by the end of the year. Seeing what the experts think and why can make for interesting reading, but by the end of the year it has been forgotten in favour of new predictions for […]