Impartial Financial Planners | IFA | Fee Based | Dentists | Doctors
Providing fee based impartial financial planning services, serving dentists & medics throughout the UK
Tweet No doubt you are aware that more proposed changes to pensions has been announced by the Government. The good news is that the Coalition has attempted to simplify matters, which is very welcome after Labour’s legacy of the anti-forestalling legislation (how complicated does it need to be?). Let’s take a look at the main [...]
Tweet It is the subject that we get the most enquiries about from new clients, and the one that greatly concerns many doctors and dentists – retirement planning. To ensure we are always up to date with the latest developments, and to keep up with our CPD, we read a huge amount on this subject. [...]
Tweet Q. Whilst I already find the UK pensions system complicated enough, I’ve heard that more changes may be forthcoming! Can you enlighten me? A. You’re correct with your view of the pensions system. It is very complicated. This situation has developed over many years and wasn’t helped by the last Government introducing the anti-forestalling legislation for [...]
Tweet Investing company money that has built up within a business bank account poses a challenge to many company directors. If you are a dentist that has decided to incorporate (or perhaps you’ve already done it), or a doctor with private earnings that has incorporated, one of the main differences you’ll have noticed is that [...]
Tweet Q. I know that there is going to be a review of all public sector pensions, including the NHS scheme that I am a member of, but have I heard it right that the government have already announced that any pension inflation increases are going to be linked to a different index than the [...]
Tweet Q. I keep reading about ‘Wrap Platforms in the press, and have noticed you also use them for your clients’ investments. My own adviser says he prefers to use the ‘tried and tested’ insurance companies for my ISAs and Pension policies. What are the main advantages of using this way to manage your investments? A. This [...]
Tweet We have visited this subject many times, but make no apology for doing so again. If you currently have investments in Unit Trusts, Stocks & Shares ISAs or Pensions, or are planning to do so, then reading this article could save you a small fortune over, say, 10 – 20 years. Let’s take a [...]
Tweet Q. I am a Consultant age 57, and have decided to go part time next month. Looking at all the implications am I right to say that although my pay will be greatly reduced, I will still pay NHS Pension contributions based on my Whole Time Equivalent income? A. You have obviously done your homework. [...]
Tweet In the past when it came to how the NHS paid your pension, it was very simple. You had a pension based on the number of years’ service in the Scheme, your income, and whether you had purchased added years. You also received a tax free lump sum of three times that pension (although [...]
Tweet This week we are discussing a scenario where an individual is about to reach 60 and are wondering whether they have to take their pensions at 60, or if they can delay this decision. And indeed, what are their overall options? Some years ago, many in the pensions world advised investors not to touch [...]
