10th July 2015

New Discretionary Investment Management Service

We are delighted to announce that the FCA has approved a variation of our regulatory permissions, so from today we are able to offer clients a discretionary investment management service in addition to investment advice on an advisory basis.

8th July 2015

Our Comments on Summer Budget Tax and Pension Announcements

Overall, the Budget confirmed £17b tax and spending savings with a view to putting the economy in surplus by 2019/20.

8th July 2015

Summer Budget 2015

Tax and Pension Key Points

Personal allowance for income tax to rise to £11,000 next year and £12,500 by 2020, so that people working 30 hours a week on the minimum wage do not pay income tax.

7th May 2015

The General Election and its Influence on Markets

There is no doubt that domestic markets are prepared for some sort of coalition as no majority outcome is likely.

18th March 2015

Budget 2015: Pension and Annuity Changes

Pension Freedoms Confirmed

Pension freedom and choice will go ahead as expected on 6 April 2015. The new pension freedoms will allow pensions to be drawn using Flexi-Access Drawdown without any maximum limit each year.

18th March 2015

Budget 2015: Tax and Personal Allowance changes

The personal allowance and higher rate threshold for 2015/16 will remain at £10,600 and £42,385 respectively, as announced in December 2014.

18th March 2015

Budget 2015: IHT threshold unchanged, Deeds of Variation at Risk

Inheritance tax (IHT) threshold unchanged at £325,000. Many commentators had expected an increase in the Nil Rate Band, but this speculation was unfounded.

18th March 2015

Budget 2015: EIS and VCT Rules Changed

VCTs and EIS will no longer be able to invest in a company that is more than 12 years old, except where the investment will lead to a substantial change in the company's activity, or where where the total investment represents more than 50 per cent of turnover averaged over the preceding five years.

18th March 2015

Budget 2015: Flexible ISAs

New fully Flexible ISAs will allow savers from Autumn 2015 to withdraw from their Cash ISA and reinvest into it in the same year without any loss of tax benefits.

10th March 2015

Buy-to-Let Property – panacea for pension freedoms?

When new pension freedoms are introduced next month in April 2015, many clients are considering the merits of withdrawing cash from pensions to buy residential property to let, as an alternative to the traditional option of buying a pension annuity.