The Government have imposed new rules on property investors. An additional 3% stamp duty, removal of the wear and tear allowance, restrictions on offsetting mortgage interest against your income tax on profits, all result in property
The Pension Freedoms allow the beneficiary to receive an income from the inherited pension fund using death benefit drawdown. However, this must be enabled before death,
Tax year 2015 heralds remarkable new freedoms for pension investors.
However, with these new flexibilities and choices comes personal responsibility and complexity. The biggest issue is the possibility
We have seen a huge increase in enquiries for final salary pension transfers - this is a very complex area of advice and requires considerable thought before giving up a guaranteed lifetime income. Unfortunately, poor advice has surfaced at British Steel Pension Scheme in South Wales and elsewhere - always choose your adviser carefully!