Should I buy an annuity at age 67?
A recent study promoting buying annuities has received some attention in the press. An annuity is...
Read More
Author: Nick Grogan
What is the Lifetime Allowance on pensions?
You can save as much as you want into your pension subject to certain limits. One of these is the...
Read MoreMore people are paying Inheritance Tax, what can I do?
IHT receipts for April to October 2020 were £33 million higher than for the same period last year. October 2020’s receipts were also up 17% compared to October 2019. This could be due to the Covid-19 pandemic. What it does show is that many families who have not done any planning may have paid tax they might not have needed to.
Read More
Am I being short-changed by the State Pension?
A report claimed thousands of older women have not received their full state pension entitlement. In a follow-up report, Lane Clark Peacock LLP (LCP) summarizes their findings since then. A vital message is to encourage a much wider group of women to check their state pension is correct.
Read More
How could Capital Gains Tax change?
As well as reviewing the operation of capital gains tax (CGT), the Chancellor asked the Office of Tax Simplification to consider “opportunities to simplify the tax”.
What changes could emerge and what could this mean for financial planning strategies for our clients?