News & Resources

Money Purchase Annual Allowance

Reduction to prevent inappropriate double tax relief

Chancellor of the Exchequer, Philip Hammond, delivered his first and last Autumn Statement to Parliament on Wednesday 23 November 2016.

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He announced that the Money Purchase Annual Allowance (MPAA), an annual amount individuals can contribute to defined contribution pensions after having previously accessed a pension flexibly, will be reduced from £10,000 to £4,000 and come into force from April 2017. This announcement will affect taxpayers (employees and self-employed) who have withdrawn amounts from … Read the rest

Capturing the upside

Forecasting future variations in volatile investment returns

To invest successfully, you have to navigate complex market forces, so it’s important to take a more rounded approach. Investors have much to think about when choosing and understanding investments; in particular, market volatility and the impact it can have on your investment.

Extreme market volatility during the credit crunch demonstrated how markets can swing wildly. Understanding volatility is therefore vital to the overall process of choosing the right investments. Volatility is how … Read the rest

Getting ready for life beyond work

Three-year growth in adequate retirement saving steadies

Nobody knows quite what the future holds. Changing life plans and priorities will mean we encounter varying income needs and goals throughout our life, and when saving for retirement certain innate behavioural traits will influence our decision-making. Savings levels in the UK are showing signs of steadying at the same time as the number of people expecting to receive a defined benefit (DB) pension continues to fall[1].

While the proportion of people saving … Read the rest

How financially prepared are you for your retirement?

Men narrow the gap on women when it comes to life expectancy

Thanks to healthier lifestyles and advances in medicine, people are living longer lives, but many individuals may not feel financially prepared for their retirement. When it comes to setting your investment goals or strategy for your retirement, there are two main options.

I f you’re looking to build up the value of your investments over time, you’re investing for growth. Alternatively, if you’re aiming to get a regular … Read the rest

Global Emerging Markets

Sector shows an increase over the year to date

After a rocky few years, the Global Emerging Markets sector has picked up in 2016, with the sector showing an increase of 31% over the year to date at the end of August.

This makes it the second top-performing Association of Investment Companies (AIC) sector over the year to date. Yet whilst the Global Emerging Markets sector has outperformed the wider industry average by 23 percentage points over ten years, it … Read the rest

Investment matters

Creating the life you want

Anything is possible when you manage your money the right way. Whatever your goals in life are, careful planning and successful investing of your wealth can help you get there. Investments can offer both risk and return, and, generally, the bigger the risk, the greater the potential return. It’s down to each investor to be comfortable with the perfect balance for them, and this will vary depending on how much you have to invest, what
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‘Mid-life savings crisis’

It’s good to talk about your options

Put simply, retirement planning is about how you look at your future, but more than a million Britons are facing a ‘mid-life savings crisis’ as they near 40 with no retirement savings, according to research from Zurich. A third (33%) of British adults aged 35 to 39 – equivalent to an estimated 1.31[1] million people – say they have no money saved into a pension, despite approaching the mid-point of their working lives.
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Generation x

Procrastinating when it comes to how they view their future.

People with birth dates between 1964 and 1979 are labelled ‘Generation X’ and are suffering from a widespread tendency to procrastinate when it comes to putting money aside for retirement, according to the results of a new survey[1].

Carried out by YouGov on behalf of Old Mutual Wealth, the research conducted with more than 3,000 adults shows that 90% have not started planning how they will fund their retirement[1]. Among … Read the rest

Consolidating your pension pots

What you need to consider to ensure you don’t lose out

Have you ever considered moving and consolidating your pension to another scheme or provider? There are a whole host of reasons why people might want to do this before they reach retirement. Some are looking for better fund performance, lower charges or better death benefits; others are simply changing jobs.

Most schemes will allow you to move your pension pot to another pension scheme, which could be a new … Read the rest

Freedom to choose

Using your pension money

Have you considered all the potential costs of retiring? Some people find their expenses fall once their working life ends, but it’s important not TO assume that all your expenses will go down – some may increase, such as heating and leisure costs.

The constantly evolving landscape of legislative change provides both challenges and opportunities in the retirement planning process. The pension reforms that came into effect on 6 April 2015 were introduced to offer more … Read the rest

Currency movements

Protecting your portfolio

Investors should not try to predict currency movements, but you can act to protect your portfolio. Investing in foreign securities, while potentially a good thing for your long-term portfolio, may continue to pose new threats for investors.

As more people broaden their investment portfolios by expanding into foreign stocks and bonds, they must also bear the risk associated with fluctuations in exchange rates. Fluctuations in these currency values, whether the home currency or the foreign currency, can … Read the rest

Pensioners financially ‘reliant on others’

New research outlines typical financial situations

A small number of pensioners are relying on loved ones to help them financially during retirement, and those approaching retirement seem to be in an even worse situation. Yet equally worrying is that people are also far more likely to take financial advice about retirement from friends than from a professional, with more than a million pensioners[1] financially reliant on friends and family, AND the next generation even more stretched, according to the latest
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Ed Holder shortlisted for Financial Adviser of the Year 2016

GIA 2016 Finalist - Financial Adviser of the year

 

 

 

 

Today, our very own Ed Holder has been shortlisted for the FINANCIAL ADVISER OF THE YEAR at the 2016 Growth Investor Awards, which recognize impact beyond investment in the UK SME investment management industry.

Going up against other leading investment advisers, he will compete for the prestigious award, with the winner being revealed at the Growth Investor Awards black tie dinner held on 3 November at the Marriott Grosvenor Square, Mayfair, London.

The Awards are … Read the rest

Pension confusion

Are most people unprepared for retirement?

People are still being left confused by pensions, with almost two thirds not understanding their key features, according to new research by Wesleyan.

The research conducted by the specialist financial mutual revealed how much confusion there still is among most people when it comes to their retirement planning. Three quarters of people (77%) don’t understand the pension freedom reforms put in place last spring, with 68% of those nearing retirement (over 55s) being unsure. … Read the rest

Why now is the time to review your pension

Taking an active interest in your retirement savings

Millions of savers currently spend very little time reviewing their pensions, with more than a quarter of savers (28%) admitting to never reviewing their retirement savings, while almost a fifth (19%) of those with a pension said they review it less than once every five years[1] according to figures released by Aviva.

rGender also has a role to play. The number of women who are not engaged with their pension is particularly … Read the rest

New State Pension

How much will I get under the new State Pension?

The State Pension changed on 6 April 2016. If you reach State Pension age on or after that date, you’ll now receive the new State Pension under the new rules. The aim of the new State Pension is to make it simpler to understand, but there are some complicated changeover arrangements which you need to know about if you’ve already made contributions under the previous system.

For many retired people, … Read the rest

Pension freedoms: one year on

What are the key reasons for shifting retirement patterns?

New pension rules which give you far greater flexibility over what you can do with your pension pot came into force on 6 April 2015, but according to Aviva’s latest Working Lives report a third of people aged over 50 who are employed in the private sector are now planning to retire later than they previously hoped.

The 2016 report – which comprises research among UK private sector employers and employees … Read the rest