Recent industry figure have shown that £1.25 billion has been borrowed in the first half of this year through equity release schemes. This amount is 34% higher than the same time last year. Equity release is for the over fifty five’s. The figures reveal that the average pensioner released over £70,500, using the money for [...]
Caroline was invited to an interesting event held at the Westminster Business Forum yesterday. The event was Chaired by Lord Northbrook and looked at ‘The future for financial advice and guidance – regulation and the role of technology’. These forums help to form government policy and allows the industry to give its views. The forum [...]
What is a trust? To start off with the technical stuff about a trust- A trust is legal arrangement which enables a person, known as “the settlor” to transfer the ownership of property, cash or shares to another person known as “the trustee” to hold on behalf of a third person known as the “the [...]
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 [...]
The best place for independent financial pension advice is from our advisers, but here are the key areas for consideration: Make full use of your annual tax-free pension allowance of normally £40,000. Use any unused annual pension allowances available to carry forward from previous tax years. Make sure you’re getting tax relief at the appropriate [...]
The sum paid out by equity release plans topped £2 billion for the first time last year, the Equity Release Council said. Equity release allows you to release a tax-free lump sum from the equity locked in your home. You can do this without having to move. The £2.15 billion lent was a third higher than [...]
An overview on the implications so far on your investments. It was predicted that there would be a huge impact on the UK economy following the vote to leave the EU, sometimes referred to as Brexit, but so far this does not appear to be the case. Most investments have remained unaffected. Recent figures from the [...]
The Personal Financial Society’s London National Financial Planning Symposium. This year’s Personal Financial Society (PFS) symposium will be attended by Caroline Anstee, Julia Peach, Rachel Efetha and Peter Anstee from Anstee & Co., together with over one hundred other members today. This is a key financial planning event. The article below from the PFS provides [...]
This event was arranged as part of Anstee & Co.’s commitment to supporting local solicitors with their professional development. The following presentation were given to a room of over twenty local solicitor after a lunch. The event was held at Harrowden Hall, Great Harrowden, Northamptonshire. Viv Williams from SIFA 360. Presented on- “The Future of Solicitor [...]
Less than half of young people aged seven to 17 are receiving financial education at school. New findings by the Money Advice Service, released today at the launch of Financial Capability Week 2016, shows that just 4 in 10 young people in the UK say they’ve received financial education, which is designed to teach children [...]
