SIPPs: Budget changes all SIPP investors need to know about

April 4, 2015: Houston, TX, USA - Scrabble tiles spelling CHANGAs the fallout from George Osborne’s Budget earlier this month continues, SIPP (Self-Invested Personal Pension) investors could be forgiven for thinking that there are no impending changes which will affect you. Think again! The Budget introduced a number of changes which will affect SIPP investors. These come on top of other rule changes, which makes now the perfect time to round up all the imminent amendments to pension rules. However, let’s start with two things which aren’t changing. Tax-relief Despite huge speculation before the Budget, ...

Bev Stoves, puts her best foot forward…for 26 miles, 365 yards!

Bev marathonWe are delighted to be supporting our Managing Director, Bev Stoves, as she trains to run the Virgin London Marathon on 24 April 2016. We caught up with Bev to find out a bit more…… You have done a couple of half marathons, what’s the appeal of the 26.2? In 2015, I met a 70 year old, blind adventurer and listened to him speak to 3,500 people. There wasn’t a dry eye in the audience as he recounted his life story and how he had climbed Kilimanjaro, completed the Marathon Des ...

Savings: Blow for savers as NS&I cuts Premium Bonds

National-Savings-and-Inve-001Savers have been left disappointed following news that National Savings & Investment (NS&I) is to cut the interest rates on some of its most popular accounts and reduce the returns payable to holders of Premium Bonds. Premium Bonds NS&I has announced that from 6th June 2016, the chances of winning a prize from Premium Bonds will rise from 1 in 26,000 to 1 in 30,000, with the overall prize fund reducing from £67.5 million to £62.9 million. Although technically prizes, to allow comparison with more traditional savings accounts, the returns from Premium Bonds ...

Don’t get seduced by LISA

closeup of woman's finger in mousetrapThe financial press has been awash with articles about the mysterious ‘LISA’ ever since George Osborne delivered his Budget a couple of weeks ago. There are however mounting fears though that ‘LISA’, otherwise known as the significantly less catchy Lifetime Individual Savings Account, could seduce some people, only to leave them worse off in retirement. Who, or what, is LISA? LISA or the Lifetime ISA, is the brainchild of George Osborne and will allow anyone aged 40 or under to save for a deposit on their first home ...