The Global Month Ahead – An insight into March 2013

7IM The Global Month Ahead - An insight from Seven Investment ManagementIn our regular feature Seven Investment Management (7IM) look forward and assess what the month ahead might hold for the world's largest economies. Whether you are invested in the UK or overseas, in stocks and shares or fixed interest assets, read on to discover the latest insights from one of the UK's most respected investment managers. We'd love to hear your thoughts, why not leave your comments at the end ...

Retirement: Pensioners are £100 billion in debt

A new survey has found that pensioners owe a staggering £96.4 billion in personal debt. The research, conducted by Annuity provider MGM Advantage, shows that the average pensioner has personal debt of £8,120 and that 40% of the retired population are in debt. Debts over £100,000 Men carry the highest amount of debt, owing on average £9,000 compared to the average debt for women of £7,350. A large number of retirees, 2.5 million, have relatively small amounts of debt of less than £5,000, but over 180,000 pensioners worryingly owe over £100,000. Alarmingly over 500,000 pensioners don’t know whether they are in debt or not. Reasons for ...

Using your pension to help your business – latest free seminar dates announced

Have you ever been frustrated by your pension or felt that it could be working harder for you? Do you run your own business or plan to start one in the near future? If the answers are ‘yes’ then our SIPP seminars could be perfect for you. What will the seminar include? We believe that with some imagination and a bit of ‘left field’ thinking, both new and existing pensions can be put to good use to help a business. The seminars will be particularly useful for those people who already run a business as well as those people thinking of starting a business ...

Everything you need to know about the “Granny Tax”

Up until lunchtime last Wednesday the term “Granny Tax” had rarely if ever been used, now everyone seems to have an opinion about it. “Granny Tax” was quickly trending on Twitter and with headlines like “Pensioners robbed”, “The great granny tax grab” and “Robbed”, there was no doubt what the newspapers thought. But what is the “Granny Tax”? How will it affect you? How much will it cost you? Read on to answer all these questions and more. What has changed? The changes were made to the age related Personal Allowance, which is the amount an individual can earn before paying tax....