What to do with your old pension plans? Keep hold of them and hope for the best, or think about rolling them into one? Jaskarn Pawar, Independent Financial Planner, outlines the key points you should check before transferring old pensions into a single new plan. When I meet a new client, I’ll often find that
It’s not just house prices that are rising every year. Also increasing is the number of people whose families will have to pay inheritance tax. Are you being drawn into the net without knowing it – and if you are, what can you do to protect your family from a hefty bill? Most people never
What are the odds of your insurance company actually paying out on your claim? Two-to-one against? Better than that, or worse? A recent survey by Drewberry Insurance reveals that most people’s estimates are way, way off. So what’s the truth?
To mark TaxAction 2016 we tackle the maze of inheritance tax, and explain why it’s one of the biggest reasons to make your wishes legally binding. Is inheritance tax (IHT) still a thing? Yes, very much so. You may have heard the recent rumours of its death, in light of the government announcing a new ‘family
If you end up needing long-term care, the chances are you will have to fund most or even all of it yourself. When the costs can potentially spiral and eat into any inheritance you plan to leave behind, planning in advance is essential. What are your options? Article by Armstrong Watson Financial Planning. According to
Before the EU referendum, many predicted that a vote to leave would depress house price growth and benefit first-time buyers. Now a report by Unbiased reveals the immediate impact of the Brexit vote on mood of the housing market – and the likely winners and losers. Article by Nick Green.
A report by Royal London has revealed the battle faced by over a third of UK consumers. Day-to-day spending needs mean that many are finding it impossible to save for retirement. But there may be a solution in the form of one-off opportunities, if these can be identified in time: the savings ‘Moments of Truth’.
Following on from part 1, Neil Adams of Drewberry Wealth Management explains critical illness cover and how it differs from income protection. If you became unable to work due to illness, how best could you protect yourself and your family?
What’s the best way to protect yourself and your family if illness or injury stops you working? In this two-parter, Neil Adams of Drewberry Wealth Management explains the two key types of protection, and offers guidelines for ensuring that you are properly covered.
Few can climb the property ladder alone, and it’s not only couples who are making the ascent. But whether you’re buying as lovebirds or just housemates, it’s vital to understand how joint ownership works – or you could find that your dream home isn’t really yours after all. Most people who buy a home will
Numerous survey findings have revealed a gap between what people expect to spend in retirement and the actual income they are likely to receive. In particular, many are overestimating the state pension they’ll be entitled to. Armstrong Watson Financial Planning offers guidance on making a more realistic retirement plan. There probably isn’t a week that
Hundreds of thousands of people are eligible for a market-busting deal to provide a better retirement income. Yet as of April 2016 fewer than 4,000 had taken the opportunity. If you haven’t yet considered topping up your state pension, you have only until April 2017 to act. When the government made it possible for some people
Annuity rates are at record lows and long-term uncertainty looms in the wake of the Brexit vote. How can you plan your retirement income under these conditions? Pensions expert Billy Burrows offers his own five-move solution for taking back control. Since the country voted for Brexit on 23 June there has been both good and