Guest blog: Future of pension tax reliefs and tax-free lump sums questioned…again!

Guest Blog AJ Bell 150pxIn his first guest blog for us, Mike Morrison Head of Platform Marketing at SIPP provider AJ Bell, looks at the latest call for changes to the system of pension tax reliefs and tax-free lump sums. You go away for a couple of weeks holiday in the summer thinking – it’s summer, it’s hot, we are winning sporting events and there is a royal baby on the way. Surely pensions will be low on the ...

Investments: 7 lessons all investors can learn from the problems with Harlequin Property

The financial lessons we’ve learnt in 2012For those not in the know, Harlequin Property offer overseas property investments, in a series of developments, based mainly in the Caribbean and South America and promoted by a number of celebrity endorsements. All seemed well until recently, when a series of stories in the national media revealed that several of the developments had not been started and income payments to investors had stopped. Since then the Serious Fraud Office has revealed they ...

Retirement: Considering Flexible Drawdown? Three things to do before the end of the tax year

Considering Flexible Drawdown Three things to do before the end of the tax yearIntroduced a couple of years ago, Flexible Drawdown has given an additional option to would-be retirees, who want to convert their pension pot into an income. Essentially, Flexible Drawdown was designed to allow those people who qualify, greater access to their pension fund; in fact, unlike other options, it allows unlimited access. Flexible Drawdown rules Flexible Drawdown works in a very similar way ...

The financial lessons we’ve learnt in 2012

The financial lessons we’ve learnt in 20122012 has been an interesting year. We’ve been in and out of recession, interest rates look as though they are permanently set at 0.50%, billions more has been pumped into the economy and we’ve had more changes to pension legislation, but what have we learned in 2012? We asked the Investment Sense team, here’s what they had to say:  ...