The pros and cons of possible transfers. The introduction of pension freedoms in 2015 has given you much more choice over what can be done with your pension. However, this freedom only applies to Defined Contribution (DC) schemes, not Defined Benefit (Final Salary) schemes. For this reason, some savers in Defined Benefit (DB) schemes are [...]
Recent figures show that nearly a quarter of a million people have moved their final-salary pension fund. The industry name for this type of fund is defined-benefits (DB). Many experts are warning that the trend is a time bomb because people risk poverty in later life. So far over £50 billion has been removed from financial [...]
Welcome to Tracy Walsh who has joined the support team at our Kettering office. Tracy will form part of the expanding Pensions and Investment team. Her role will be to provide administrative support to our independent financial advisers. Also, she will liaise with our providers and clients. Tracy has over ten years’ experience in various [...]
We are proud to have appeared in the New Model Adviser, Top 100, financial planning firms, 2017 listing. The award featured the following review about Anstee & Co: Energetic managing director Caroline Anstee has been in financial services for more than 40 years. Having started her own Kettering-based business only five years ago, she has [...]
Executors are feeling more confident in administrating a will themselves. Below are some of the key duties that you need to undertake if you decided that doing it yourself is for you. Your role as an executor of the will. Register the death. Register the death at a local register office. You'll need the lasted copy [...]
Figures from the Equity Release Council (ERC) show the total value of equity release lending continues to grow. From 2015 to 2016 there has been a 77% rise in the amount borrowed. The most recent figures show that the average amount borrowed has now increased to £70,000. Although equity release can be right for some, [...]
Landlords with a buy-to-let mortgage will be facing further new regulations being introduced on the 1st October 2017. These new rules have been introduced by The Bank of England. They apply to landlords who have a property portfolio of four or more properties. Every time such landlords refinance one property or buy another, mortgage lenders will have [...]
The Financial Conduct Authority (FCA) who regulates the mortgage market in the United Kingdom have launched proposals to create a market for interest-only mortgages for the retired. Also referred to retirement mortgages. They have approached the mortgage industry to look at solutions for interest-only mortgages that last until you die. What are the FCA’s [...]
People generally plan for the short term. We tend to concentrate on generating wealth and accumulating assets such as property or shares to protect our families. Both now and in retirement. However, what happens after we die? Arranging funeral expenses may be the only action we take. By doing this we are helping to build [...]
This, unfortunately is a question that our financial advisers we are being asked more and more by clients. So do you need a financial adviser? To start with all the assets of a divorcing couple will need to be valued. This is before any decisions can be taken as to how they should be shared. This [...]
