It is fair to say we are a little shocked at the recently announced reinvestment terms for these very popular Bonds. The first batch of 1 year Bonds which currently pay interest of 2.8% gross/AER are due to mature on 15th January 2016. There are three options on maturity. Customers can Read more…
Now we have had time to digest the latest budget, it has become clear that the headline about the Inheritance Tax threshold rising to £1 Million requires a little closer examination. The current nil-rate band is frozen at £325,000 until 5 April 2018 and this will continue to apply until April Read more…
The ability to access your pension funds without having to buy an annuity has led to pension product providers being inundated with calls from policyholders since the start of the tax year. Anecdotally, only a small percentage of policyholders have actually gone ahead and made lump sum withdrawals. Clearly many Read more…
We are quickly approaching the launch date for the new Pensioners Bonds from NS&I. These will be exclusively available to investors aged 65 and over. They will be available over terms of 1 year or 3 years and while they are designed to be held for the whole term, they Read more…
With the vote for Scottish Independence scheduled for 18th September 2014, a number of clients have contacted us where they hold investments with providers based north of the border. The question is whether they should be concerned in the event of a “yes” vote and whether they need to take Read more…
New ISAs are available from 1st July 2014 and this gives many ISA subscribers the opportunity to increase the total amount they invest in these accounts. The total amount is increasing to £15,000.00 per individual for the current tax year. In a major change to the Cash which may be Read more…