Is Britain walking tall again? The chancellor claims it is. This was one of many announcements made as he embarked upon his sixth budget speech. Growth is now forecast to rise to 2.5 per cent this year and 2.3 per cent in 2016, he said. As such, borrowing estimates were lowered. Here at WPS […]
Last month HMRC published the ‘Draft Guidance’ on the pension flexibility that is being introduced from the 6th of April 2015. It runs no fewer than 38 pages, confirming that once again (sadly) there is no such thing as simplicity in pensions.
The full guidance can be found at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/344685/Annex_D_Flexibility_15_Guidance.pdf
Defined Contribution Schemes only
As a reminder, […]
When the UK government relaxed the rules around withdrawing funds from pensions, opponents of the changes claimed pensioners would blow their retirement pots on luxury goods. One politician coined the ‘right to buy a Lamborghini’ phrase in relation to this concern.
The concern relates to the introduction of flexible drawdown or uncapped drawdown – the […]
A LEADING WELSH PENSIONS AND INVESTMENT SPECIALIST HAS REAFFIRMED ITS COMMITMENT TO THE OSPREYS, AGREEING A NEW COMMERCIAL DEAL THAT WILL SEE ITS LOGO FEATURE ON THE PLAYING STRIP FOR 2014/15.
The logo of WPS Financial Group, which employs 26 people across offices in Swansea and Cardiff and looks after 2,400 clients with over £247 […]
For all the hype around pensioners’ ‘right to buy a Lamborghini’ some of the more important elements of the 2014 budget may have been lost. Here, Jon Francis, director of Bevan & Buckland Wealth Management, cuts through the hype and identifies the key things everyone with a pension needs to know.
This year’s budget will […]
Self-invested personal pension funds (SIPPs) are a rapidly growing but still often misunderstood concept within the world of pensions. Yet they are a fantastic innovation that can be used to easily and legitimately invest in a wide range of commercial ventures, boosting the value of that fund. Individuals especially within the business world may […]
The warm weather of late has meant business for many parts of the local tourism industry has been booming. When the sky is blue and the sea is warm, there is no better place to enjoy such a holiday and the owners of campsites, hotels, B&Bs and other businesses have been reaping the rewards.
Some […]
Bad news sells newspapers apparently. I can only assume it must do. After so many years of economic doom and gloom in the headlines, some of the really good news coming through appears woefully underreported.
Not everyone understands the nature of stock indices, let alone follows them. The only time most people will hear about […]
Pondering pension investment options is not everyone’s cup of tea. Despite its obvious importance, many view pensions as a boring necessary evil in stark contrast to making business decisions with more immediate results.
But Swansea-based Bevan & Buckland Wealth Management (Chartered Financial Advisers) has turned that perception on its head in recent weeks thanks to […]
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