Five funding tips for Pensions

For those who are already aware of what it takes to save for a comfortable retirement, here are five funding tips for pensions on how you can get even more value from your pension savings: 1. The ‘couples’ annual allowance of up to £80,000 Wealthier people whose options are constrained by cuts to both lifetime […]

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John Tamblin Financial Advisor receives Certificate of Excellence

John Tamblin of John Tamblin Financial Services based in Kendal, Cumbria has been awarded a Certificate of Excellence from the referral website VouchedFor. VouchedFor have very high standards and check all financial advisers against the Financial Conduct Authority Register. They also make sure their education is checked, their fees are checked and they must confirm […]

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The Risks of Long-term Cash Savings

Recent economic and political events have undoubtedly made people nervous regarding their personal finances. Stories of market falls, risky investments and low returns mean many people are choosing to keep large amounts of their savings in cash as they believe it to be less risky than other investment options. Yet often they fail to consider the […]

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Making Allowances for a Tax Efficient Retirement

The key to unlocking a tax efficient retirement income for you lies in ensuring that your tax allowances have been maximised. Paying less tax will mean your savings will last longer in retirement and potentially provide a greater legacy for your loved ones. Allowances on offer There are allowances of £26,700 up for grabs this […]

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The tricky business of profit extraction

From 6 April 2016, dividends received will be taxed differently. The dividend changes will strengthen the case for business owners using pension contributions to extract profits from their company tax efficiently. Many directors of small and medium sized companies may be facing an increased tax bill next year as a result of how dividends will […]

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What is the Future Role for Annuities?

Proposed reforms to the contribution pension system as announced in the Budget 2014 has meant that from April 2015, millions of people reaching retirement age will have much greater choice in how to spend their pension pot. In fact, they will be able to spend their accumulated pension pot any way they wish. Given the […]

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