Finding ‘The One’ in later life may prove expensive?

Getting remarried in later life can impact your financial plans. By contrast, younger people are now less likely to marry, while marriage rates for men over the age of 60 and women over the age of 50 are increasing. These figures show that people are also choosing to cohabit either as a forerunner to marriage [...]

2019-07-25T12:17:59+01:00 July 18th, 2019|News|

Mortgage criteria: How much can I borrow?

The first question our mortgage advisers are usually asked is "How much can I borrow”? In the past, mortgage lenders based the amount you could borrow mainly on a multiple of your income. This was often referred to as the loan-to-income ratio. Mortgage criteria have now changed. This worked by looking at your salary and [...]

2019-07-01T16:43:39+01:00 July 15th, 2019|News|

Pension. Should I rely just on the State Pension?

Many people perceive pensions to be overcomplicated. However, the basic principle is a simple one. First of all, it is worth understanding the benefits of saving into a pension scheme and not just relying on the State Pension. The State Pension will provide you with a foundation, but for most of us, it may not [...]

2019-05-31T09:25:35+01:00 June 17th, 2019|News|

Equity release. Unlock the money in your home.

It is true that most people’s financial wealth in the UK is tied up in their property. Many retired people consider themselves to be “cash poor but property rich”. To help you release this money, equity release can be used in later life to supplement pension income or used to finance major items of expenditure. [...]

2019-08-28T17:05:16+01:00 June 6th, 2019|News|

Paying too much tax on your pension?

Many financial planners fear that people are paying more tax than they need to because they do not fully understand the rules around withdrawing money from their pension. When the pension freedoms came into force back in April 2015, one of the key changes was the introduction of what is known as "Flexible-Access Drawdown". Which [...]

2019-04-25T12:14:34+01:00 April 15th, 2019|News|

Are you tempting fate by making a Will?

The Law Society estimates that one in three of us will die without a Will. Why? Many of us are superstitious and feel that it may be tempting fate. A Will is a legal document that sets out your wishes regarding the distribution of your estate and the care of any children. making one is [...]

2018-08-20T17:04:55+01:00 September 13th, 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+01:00 September 10th, 2018|News|

What Does a Financial Designer Do?

By Rachel Efetha, Chartered Financial Planner.  At our recent company meeting, Managing Director, Caroline Anstee, asked us all, what we do.  Some of the responses were: We make peoples goals and aspirations come true Give peace of mind and financial security Act as a counsellor Change peoples lives Sort out problems Educate The outdated stereotype [...]

2018-08-09T11:51:57+01:00 August 28th, 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+01:00 August 20th, 2018|News|

Congratulations to Sam.

Congratulations to Sam Williams on passing another of his professional exams. The Chartered Insurance Institute (CII) Pension exam (RO4).  Sam has one more exam to pass before completing “The Diploma in Regulated Financial Planning. Caroline Anstee, Managing Director of Anstee & Co said- "This is a great achievement. Sam has worked hard in completing and [...]

2018-08-03T14:57:26+01:00 August 3rd, 2018|News|