Equity release rates continue to tumble.

Recent figures from data analyst Moneyfacts, show that equity release rates are falling. For the first time in more than a decade, equity release rates have dropped to an average below 5%. Most lenders now charge an interest rate of 4.99% for releasing funds from your home. This is down from 5.1% from just a [...]

2019-06-21T09:16:56+00:00 July 8th, 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+00:00 May 28th, 2019|News|

Exam success for Sam Williams.

Congratulation to Sam William who passed his final exam. Sam completed and passed the RO6 Financial Planning exam. The three-hour assessment involved answering in writing two practical case studies in exam conditions. The exam is set by the Chartered Insurance Institute (CII).  It has been developed to help financial advisers develop and demonstrate their financial planning capabilities. [...]

2018-11-30T12:22:40+00:00 November 29th, 2018|News|

Later-life funding for long-term care.

With an ageing population, more people than ever are looking for ways to pay for later-life care. In this article, we will look at the options available and how we can help you with financial planning at what often is a difficult time. If you are not eligible for State funding you are referred to as  “self-funded”. [...]

2018-08-23T15:01:40+00:00 September 20th, 2018|News|

Flexi-access drawdown. Is it right for your pension?

Until about ten years ago most people bought an annuity with their pension "pots" on retirement. Over the years buying an annuity this has fallen out of favour. This has been due in part to the fact that many felt it was unfair that you needed to lock in your future pension returns at some [...]

2018-08-20T10:42:20+00:00 September 10th, 2018|News|

New team member Andie Derry

Welcome to new team member Andie Derry. Andie has joined us from Southfields School after completing her “A” levels. She will be part of the expanding Investment Client Support Team, based at the Kettering office. Her role will be to support the Paraplanners and Independent Financial Adviser (IFA's). While at Southfields School sixth form Andie [...]

2018-09-06T12:38:09+00:00 September 3rd, 2018|News|

Pensions: Don’t underestimate their value in divorce.

Relationship breakdowns can be emotionally tough and financially expensive, so try and avoid these mistakes. Have any pensions professionally valued. The valuation of a pension is never straightforward. Some pensions include guaranteed levels of income and built-in inflation protection. The value of these features can be misunderstood. It is essential that when getting a divorce [...]

2018-08-20T09:44:25+00:00 August 20th, 2018|News|

What do you know about your parent’s finances? Part three.

This is the third in a series of articles about the difficult questions you need to be asking your elderly parents. In the first article, we looked at the importance of ensuring that there is a financial plan in place and the need to have a record of your parent's assets. In the second we [...]

2018-07-06T11:11:17+00:00 July 19th, 2018|News|

Questions to ask your parents.

One of the most difficult conversations you will have is what plans have your parents made for their financial future. It’s a balancing act between your parents feeling that they are not losing financial control and you being aware that they have some form of plan in place. All this while still respecting their boundaries. [...]

2018-06-26T19:30:41+00:00 July 9th, 2018|News|