Impartial Financial Planners | IFA | Fee Based | Dentists | Doctors
Providing fee based impartial financial planning services, serving dentists & medics throughout the UK
Q. I am a 58 year old Consultant with a good NHS Pension Scheme ‘pot’, and as well as this have substantial personal pension funds. My worry is hearing that the limit on how much you can have in pensions is to be reduced soon. Yet I recall that the previous limit had just been introduced in recent [...]
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 changes [...]
Q. I am a married 51 year old surgeon, and have several large pension funds which have built up over many years, with a combined value of around £400k. I dont intend to cash in my pensions until age 60 plus, and have recently turned my attention to the subject of Inheritance Tax. Our estate [...]
As you’ll know, the main global stock markets have been very volatile over the last 12 months or so. And it’s likely that you have money invested in one or more of several investment vehicles: ISAs Personal Pensions Self Invested Personal Pensions Life company funds Unit Trusts Open Ended Investment Companies Investment Trusts For example, [...]
Q. I am about to invest into a personal pension plan. I’ve heard that it may be sensible to have the plan run until my 75th birthday, even though I’d probably be taking the benefits at age 60. Can you provide some guidance? A. There are a number of Inheritance Tax issues around the deferment [...]
This week’s Q&A is more in depth than usual and follows a ‘conversation’ style. Q. I guess something I have been considering is my retirement from general dental practice at age 58-60 while I still enjoy it and before my health suffers. I am currently 52 (53 in May) and in good health. I will have an [...]
Q. I have heard about rebalancing, but am not quite sure what it is and how it could benefit me. I have approx. £210,000 invested in various plans including personal pensions and ISAs. I have not reviewed my investments for a few years now. Can you please tell me more? A. It’s likely your portfolio includes [...]
We live in interesting times. The investment bank Lehman Brothers has filed for bankruptcy protection, Merrill Lynch is being taken over by Bank of America and it’s predicted thousands of bank employees will be picking up their P45s by the end of the month. If you have money invested in ISAs and personal pensions these [...]
