The 6th April 2006 was a watershed moment for pension planning. This date, known as ‘A’ Day, introduced a new whole pensions’ regime, and in the process rewrote many of the accepted rules on how …
Retirement saving is changing – are you prepared?
Category: Personal Finance
The pips squeak
The last few weeks have brought with them a thoroughly distasteful amount of whining from the very rich. Take Dermot Smurfit. He tells The Daily Telegraph that he pays “significant taxes” in the UK, that …
Three things to do before 5 April
The end of the tax year – 5 April – is a good few weeks away, but now is the time to make sure you have taken advantage of annual tax breaks that work on …
Help your children by helping yourself
I met a personal finance expert last week who asked me if I had yet set up a stakeholder pension for my small child. I haven’t. I know that in theory it’s a good idea. …
Tax dodge of the week: try a Sipp to avoid CGT
“After recent stockmarket volatility, capital gains tax (CGT) is a problem many investors must wish they still had,” says Niki Chesworth in The Daily Telegraph. But most investors are likely to be sitting on profits, …
A new type of pension – but it’s a risky gamble
Here’s one for Miss Marple fans. The new Longevity Income Plan being launched by Life Trust, with the backing of JP Morgan, RBS and hedge fund D.E. Shaw, has more than a little in common …
Tax watch: buy-to-let landlords beware
As the 31 January self-assessment deadline looms, buy-to-let landlords should be aware that the taxman has his beady eye on you, says David Budworth in The Sunday Times. So far the Revenue has concentrated on …
Forget stocks, invest in a spouse
A great many MoneyWeek readers are likely to be pretty liquid at the moment. But if you’re holding a lot of cash, what’s the best way to make it produce value for you? If you …
Tax dodge of the week: insure against your IHT bill
Those with estates worth more than £300,000 who want to maximise the money left to their heirs should take out a life insurance policy to cover any inheritance tax (IHT) bill and make sure that …
How to beat the banks
This article is taken from Merryn Somerset Webb’s free weekly personal finance email, Money Sense. Click here to sign up now: Money Sense Britain’s big banks have rarely been less popular than they are today. …