Self-employed? Ways for you to protect your financial future.

There can be many benefits to being self-employed or running your own business. The flexible hours, being able to work from home. Holidays when and for how long you want them. Of course, being your own boss also has its downside. It’s not just about making sure your business is profitable and being able to [...]

2019-10-01T11:39:50+01:00 October 3rd, 2019|News|

Lifetime Allowance. Could you be subject to the tax charge?

By Andy Pardoe, Compliance Officer at Anstee & Co.  The lifetime allowance is the overall limit of pension funds a member can build up during their lifetime before a tax charge applies. If you should go over this limit, you will pay a tax charge on the excess whenever you take income, withdraw a lump [...]

2019-09-26T10:43:09+01:00 September 23rd, 2019|News|

Could an Apprentice really be the answer?

By Jane Lumley-Walker, Office Manager at Anstee & Co. Back in January 2018 one of our administrators handed in his notice looking for a career change. We had a gap to fill and how best to do it?? We could recruit an experienced administrator but would have significant recruitment costs and training to carry out [...]

2019-09-19T15:47:51+01:00 September 19th, 2019|News|

Relationship breakdown. What can be done financially?

When a relationship breaks down it is never easy. Groucho Marx, the American comedian, famously said - “Marriage is a fine institution, but who wants to live in an institution” First of all, couples who are living together often do not realise that they don’t enjoy the same legal rights as those married or living [...]

2019-09-26T10:37:36+01:00 September 2nd, 2019|News|

Investment Risk. What do I need to know?

So, what do you need to know about Investment Risk? As a firm of Independent Financial Advisers, we always discuss at some length your Attitude to Investment Risk and in particular, the relationship between risk and reward and time. The more risk you are prepared to accept; the greater the long-term rewards will often be, [...]

2019-08-14T09:25:35+01:00 August 22nd, 2019|News|

Interest only mortgage? What are your repayment options?

Many people may struggle to repay their interest-only mortgage when it comes to the end of its term. A large number of interest-only mortgages were sold in the 1990s and early 2000s. They were often linked to endowment savings plans. These plans were designed to generate a tax-free lump sum to repay the mortgage. Some [...]

2019-08-27T16:29:46+01:00 August 19th, 2019|News|

Mentoring: How we support the next generation of Advisers

By Rachel Efetha, Chartered Financial Planner. Personal Finance Society Mentoring Scheme When the Personal Finance Society (PFS) approached me a few weeks ago about joining their Mentoring Scheme, I originally thought ‘Great idea – I could do with a Mentor!’ until the penny dropped... I'm in the top 15% of Financial Advisers in terms of [...]

2019-07-22T16:15:40+01:00 July 22nd, 2019|News|

Later Life: How to fund long-term care.

If you are researching how to pay for long-term care, for yourself or a loved one, then we can help you. We are a firm of Independent Financial Advisers (IFA’s) that specialise in Later Life issues, offering unbiased expert advice. How will an Independent Financial Adviser help? As a firm, we have a team that [...]

2019-07-24T16:54:19+01:00 July 11th, 2019|News|

How to claim back tax on your pension pot withdrawals.

Since pension freedoms came into force in April 2015 more than £372 million has been reclaimed by more than 150,000 savers. The average amount being claimed for a refund was £2,000. How does this tax overpayment happen? When someone takes out a lump sum from their pension pot, only 25% is tax-free. The technical term [...]

2019-05-31T10:22:36+01:00 May 28th, 2019|News|