Articles in "Financial Planning"

A growing number of investors are seeking ways to invest tax-efficiently other than through their pensions and Individual Savings Accounts (ISA). The reason being that those investors have fully used their ISA allowances and have significant pension contributions have compounded over the years. Pensions have a tax-efficient lifetime allowance, above which clients question why they should keep adding if they are going to get taxed later at a higher rate!

Changes to pension annual allowance rates that were announced in this years budget, those who previously opted-out may now consider opting back in.

Losses from pension fraud rose to £1.8 million in the first three months of this year, according to figures from Action Fraud.

Employers that push staff into making unsuitable defined benefit transfers should beware the “Financial Conduct Authority’s (FCA’s) gaze”, a director at the regulator warns.

As we enter a new tax year, many people will be wondering how they can make their savings work harder for them, with interest rates at historically low levels.

A pension scheme is a savings plan to help you put money aside for later life. It has favourable tax treatments when compared to other forms of savings.

I don’t know how many of us thought that we’d still be adhering to so many restrictions after all this time, but here we are, over a year on and the pandemic is still having a big impact on all of us.