A total of 38,704 new mortgages were approved in April, up from 35,546 in March, according to statistics released on Tuesday this week by the British Bankers’ Association, but down by 39 per cent on total approvals in April last year.
A few weeks ago, you ran an article in which certain industry commentators suggested that most of the IFA market is unjustly biased against lifetime annuities and is failing to wave the flag for them as enthusiastically as it ought to. The lifetime annuity, they claimed, is really a great product, the virtues of which IFAs ought to be doing far more to promote to their clients.
By Jamie Clark, Business Development Manager We take a look at the Pensions Regulator’s latest auto enrolment compliance bulletin and the lessons that can be learned from it. With up to half a million smaller employers expected to reach their staging date during 2016, it’s likely that the Pensions Regulator (and the rest of the […]
Consultants Mercer estimate nearly one third of a trillion pounds will be paid out from defined benefit schemes between 2019 and 2021. The record amount is due to large numbers of active and deferred members expected to transfer to another arrangement alongside a rapidly growing buy-in and buy-out market. This year has seen a record […]
Advisers must ensure all available reliefs and exemptions are used as far as they can be As announced in this year’s Budget, the capital gains tax annual exempt amount will increase from £11,700 in 2018/19 to £12,000 in 2019/20. The annual exempt amount available to trustees will increase from £5,850 to £6,000 – although this […]
LEBC director of public policy and investment committee chairman Kay Ingram on giving clients access to the defensive qualities of active funds, even though passive funds have lower charges Do you approach investment management in-house, outsource it or combine both?We do both as we look after a wide variety of clients, ranging from group pension […]