Putting a retirement plan in place. If you’re in your late fifties/early sixties and starting to think about retirement, there is certainly a lot to think about! The important thing is to first get an idea of what level of income you will need in retirement so that you can comfortably enjoy your well-deserved [...]
So who are the “Sandwich Generation”? The "Sandwich Generation" are the group of people who are feeling the financial strain of supporting their children, grandchildren and ageing parents. With young adults struggling to achieve financial independence and a population that is living longer the burdens and responsibilities of the over 55s are increasing. Recent [...]
With savings rates not keeping up with inflation, you may want to look at different ways of protecting your hard-earned money. Investing is a more adventurous approach with your savings, that might now be worth considering. Purchasing stocks and shares is one way to do this. Stocks and share purchase is seen as a long-term [...]
By Barnes Gladman, Financial Planner with Anstee & Co. With inflation around a 40-year high and the Bank of England forecasting that it could peak at 11%. All this against a backdrop of the government’s target for inflation of just 2%. Whilst people try to tackle these issues by spending less on essentials (66%), using [...]
By Rachel Efetha, Chartered Financial Planner. As I sit here writing this article, many of you are probably enjoying an unexpected ‘snow day’ off work, whilst others, like me, might be juggling working from home with their children having a snow day off too. Have you considered how you would cope financially if you had [...]
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 [...]
By Philippa Barrett, intern at Anstee & Co. My final week as an intern gave me a brief introduction to paraplanning such as the method that goes into the report process and the tools they use to aid. Dynamic planner is the main software used by the paraplanners in the office which is where information regarding the [...]
The new Lifetime Individual Savings Account (LISA) is launched today, the 6th April 2017. This new ISA offers a bonus of 25% on savings for those who are under forty years old. The savings account can be used towards home purchase or retirement Here are the key facts about the Lifetime ISA The Lifetime ISA [...]
The Royal Mint launches the new £1 coin today Tuesday 28th March 2017. The new pound coin has twelve sides known as a dodecagon. The new coin features the English rose, Scottish thistle Welsh leek and Northern Irish shamrock. Why is the £1 coin changing? This is the first change to the coin in over [...]
The best source of concise guidance on Individual Savings Accounts (ISA), is you Anstee & Co financial adviser, but here are the key areas for consideration: Use your full annual Individual Savings Account allowance if you can- you can’t carry it into the next tax year. Where possible, transfer existing investment's which are subject to tax on [...]
