Posts Tagged ‘pensions’
That’s LISA with a P!
Leading up to the Budget there were endless articles, commentary and sometimes heated debate over the Chancellor’s intentions with regard to pensions and in particular tax relief. On the day though, there was hardly a mention of the ‘P’ word other than some much needed amendments to badly drafted sections of the last Pensions Act.…
Read MoreThe Force Awakens!
Unlike the new Star Wars movie, it is unclear as yet whether the “financial force†generated by the new pension freedoms will ultimately be a force for good, enabling investors to access their funds more effectively or for the “dark side†as pensioners end up relying on state or should that be “Empire†handouts, having…
Read MoreChristmas Newsletter
Merry Christmas & Happy New Year from all at Cave & Sons London Stock Exchange Christmas & New Year Trading Hours: Christmas Eve – 0800-1230 Christmas Day – CLOSED Boxing Day – CLOSED Monday 29th December – 0800-1630 Tuesday 30th December – 0800-1630 New Year’s Eve – 0800-1230 New Year’s Day – CLOSED Friday 2nd January – 0800-1630…
Read MoreDeath and Taxes
To quote Benjamin Franklin   “In this world nothing can be said to be certain, except death and taxesâ€. Well not according to the Chancellor, who has announced the abolition of the 55% lump sum death benefits charge (further details to follow in the Autumn Statement on the 3rd December).  As a result those who die…
Read MorePensions – ‘You Decide!’
During the recent Budget the Chancellor, George Osborne, announced various wholesale changes to the way that investors may ultimately draw benefits from defined contribution pension arrangements such as personal pensions. For those reaching retirement between now and April 2015, these changes may have thrown any original planning into a state of flux. Whilst additional flexibility…
Read MoreAnd on that (pension) bombshell…
The Chancellor resisted ending the budget speech as above, but it would have been appropriate. The oft quoted reason for not funding a pension is the requirement to purchase an annuity with the proceeds. Â Whilst this has ceased to be an issue due to changes introduced over the last few years, the government has decided…
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