Chancellor Phillip Hammond delivered his first Autumn Statement on 23 November 2016. Following is an overview of the main points which apply to Financial Planning: From the 6 April 2017 the personal Income Tax Allowance will increase to £11,500 and the point…
Scrapped Annuity Resale Plans
The secondary annuity market was originally supposed to be launched in April 2016, but was later pushed back to 2017. Given the potential problems with this, it comes as no surprise to MJB that the plan has now been scrapped…
‘Brexit’ – taking stock…
In the three weeks since the Referendum result the UK Stock Market, as measured by the FTSE 100, has risen by around 8% to stand at 6,689 (at time of writing). This could be taken as a sign of confidence…
‘Brexit’ Initial Reaction
Like the rest of the financial world, MJB were a little surprised by the ‘Brexit’ result, but not surprised by the initial reaction of the Stock Market and currency changes. As we write this the Stock Market has recovered somewhat…
Spring Budget Statement – April 2016
Chancellor George Osborne delivered the Spring Budget Statement on 16 March 2016. Following is an overview of the main points set out in the Budget. Please note that these may change before becoming law.
Should I Cash-in my Pension to Purchase a Buy-to-Let?
If you’re wondering if you should cash-in your pension to buy a “buy-to-let” property, we have a worked example available to download here.