By John Cossons, Equity Release Adviser. I have helped several clients who have interest-only mortgages. They planned to repay their existing mortgage by downsizing. This means selling their existing property and buying something less expensive, to clear the mortgage. However, in the current property market, they have had problems selling the property in time [...]
It is quite easy to get confused about pensions. However, spending a little time to understand some of the key terms will help. This article aims to explain the key terms relating to pension and retirement planning that you may come across. We hope you find this "Pension Jargon Buster" guide useful. Final Salary [...]
We have seen many exciting advances in medical science over recent years to improve life expectancy. It is now estimated that over two-thirds of the United Kingdom population, are now aged over fifty. That’s over 21 million people. Also, for the first time in history, two-thirds of this number are now aged over sixty. [...]
After working as an independent financial planner with Anstee & Co. for nearly 10 years, Cathy Blake is retiring at the end of this month. The company organised an "afternoon tea" at Harrowden Hall near Wellingborough, which was attended by some staff and longstanding clients of Cathy. After the tea, Cathy shared that she [...]
A survey conducted by Aldermore Bank showed that almost three-quarters of business owners expect to be working past the age of sixty-five. This, however, is not out of choice. Two-thirds said that they would have preferred to have been enjoying their retirement by then. The key reason given is that they are looking to enjoy [...]
By Tegan Gladman, Financial Planner with Anstee & Co. With the Lifetime Allowance being abolished there has been an increase in pension contributions and many are delaying their retirement. On the 15th of March 2023, Chancellor Jeremy Hunt announced they were abolishing the Pension Lifetime Allowance (LTA). This meant individuals were no longer going to [...]
Congratulations to Rachel Efetha who has won "Woman of the Year – Retirement Planning" at the Women in Financial Advice Awards. Now in their fifth year, the awards are designed to celebrate the achievements of women working within the financial advice community and also the broader financial services sector in the United Kingdom. Jenna Brown, [...]
By Rachel Efetha, Chartered Financial Planner with Anstee & Co. Should you continue to take an income from your pensions? All clients taking, or considering taking, flexible withdrawals from their pensions during this uncertain time should be aware of the danger of ‘pound cost ravaging’ and its potential to deplete your funds too quickly. What [...]
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 [...]
We have received Retirement Planners "Best Equity Release Adviser of the Year" award. Congratulations to our equity release advisers John Cossons and Darren Amos whom both submitted entries to this years, Retirement Planner Awards. Their applications helped Anstee & Co. to win the coveted award of “Best Equity Release Adviser of the Year” for 2019. [...]
