When new pension freedoms are introduced next month in April 2015, many clients are considering the merits of withdrawing cash from pensions to buy residential property to let, as an alternative to the traditional option of buying a pension annuity.
Over the past few months, uncertainty over the future of the Eurozone has mounted following fears of a Greek exit (‘Grexit’).
On Tuesday 24 February, the FTSE 100 reached a record high, closing at 6950.
The major Economic story in January was the announcement of 1 trillion euros of stimulus by the ECB in an attempt to boost economic growth.
An opportunity has arisen for a Client Service Administrator to join Seabrook Clark.
We are delighted to announce that as part of our continued growth, Bryony Noad has joined our team as a graduate trainee.
World markets experienced a very volatile quarter which included a sharp sell-off in equities at the beginning of October. However, sentiment quickly returned, reflected by a gain of 4.13% for the FTSE World Index in Q4.
Pensioners would be able to surrender annuities for a cash lump sum under proposals announced by Steve Webb, Pensions Minister, affecting potentially up to 5 million pensioners in the UK and around £11bn annual pension income.
The maximum amount you can contribute to a pension and benefit from tax relief is limited by the annual allowance of £40,000 (2014/15) or your earnings if lower.
The new single-tier State Pension is due to come into force in April 2016.