Summer may be here but what about the LTA freeze?

The sun may be shining (when the Great British summer permits!) but the Lifetime Allowance (LTA) freeze is most certainly here. The pension LTA has been frozen at its current level of £1,073,100 until April 2026. So essentially, the total amount you can hold in your pension without being taxed on withdrawals is static for…

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Social media and the younger investor

The Financial Conduct Authority (FCA) is concerned about the influence social media is having on younger investors, who it believes are taking on significant financial risks. This younger, more diverse group of investors, it said, is highly reliant on social media platforms such as YouTube, Instagram and TikTok for investment tips and advice, but lacks…

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Secret accounts’ slow the probate process

According to the first Bereavement Index from probate software specialist Exizent1, many people fail to put their financial affairs in order before they die, leaving behind a ‘financial mess’ and a stressful experience for those tasked with administering their estate. The Index revealed that one in seven (14%) of those tasked with gathering the assets…

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Keeping up with the Joneses? Your personal goals matter more

Did the way some people tend to crave and display material success all start with yuppies and Harry Enfield’s ‘Loadsamoney’ character in the 1980s? No, it goes back much further, to 1913, when a New York Globe comic strip ‘Keeping up with the Joneses’ first appeared and created an enduring, meaningful expression. Envy about others’…

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5 Minute Market update: How are your investments performing?

The main theme affecting investment markets since the start of 2021 has been the fear of inflation. The success of the vaccination roll-out which is prevalent in developed economies has greatly assisted the easing of Covid-induced restrictions and led to increased consumer spending. This has helped these regions make strong economic recoveries and pushed up…

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Market update from Lloyd & Whyte: How are your investments performing?

  What’s happened in the first quarter of 2021? The first quarter has flown by and it seems investors are confident that economies are on the road to recovery. This assumes the global vaccine roll-out is effective and that we all get back to something approaching normal as the year progresses. This sentiment is having…

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Vaccines put a spring in investors’ step

The arrival of spring is generally a time of great optimism and this year more than ever we are all certainly in need of a fresh bout of positivity. Thankfully for investors, there do seem to be increasingly hopeful signs on the horizon, with a growing belief we are now at least starting on the…

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Reflecting on your past finances to secure the future

How did Covid affect your finances? Has it made you re-assess your cash-flow and are you open to considering other investment options for future financial security? Have you been tightening your belt?   For many, personal finances have been incredibly stressful over the past 12 months. Those who are self-employed with no guaranteed income have…

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Key Points of the Spring budget 2021

Job support Furlough scheme extended until 30 September 2021 – the government will continue to pay 80% of employees’ wages up to £2,500 a month until the end of June, employers then pay a 10% contribution in July, rising to 20% in August and September. The Self Employment Support Scheme also extended until the end…

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Is cash really king?

Our Technical Manager Jeff Bailey talks you through some topical pension and investment stats. As you can imagine the financial services industry is rife with expert views, analysts’ reports, commentator opinion, surveys, and a heap of marketing data. I am sure there is a great deal of merit in what most of this ‘durable’ media…

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