SIPPS | Independent Financial Advice Service, Pensions and Investment Portfolio Advisers

June 2010 Budget – Damage Limitation for High Earners

Thursday, June 24th, 2010

The expected cut in pensions tax relief for high earners in the June 2010 budget did not materialise – but the show’s not over yet. Maximum annual pensions contributions may be capped at around £45,000. Find out more by clicking headline above.

Tags: AIB Bank, Lufthansa, Maximum Pension Contribution, Pension Financial Planning, Pension Income, Pensions, Pensions Planning, Personal Pansions, SIPPS, Tax Efficiency, Tax Relief
Posted in Pensions News | No Comments »

Top-ups to pension plans – Hurry to beat the Budget!

Friday, June 4th, 2010

The Government is discussing changes in the 40% rate of tax relief on contributions to pension plans. This could include abolishing the 40% rate altogether, and could come into effect with the Budget on 22nd June. Those considering topping up their pension plans may wish to act quickly, in order to beat the Budget!

Tags: AIB Bank, Financial Planning, HMRC, LV=, Maximum Pension Contribution, Mortgage Insurance, Pension Financial Planning, Pension Planning, Pensions, Pensions Planning, Personal Pensions, SIPPS
Posted in Pensions News | No Comments »

Promises, promises? Never-ending stamp duty holiday for first time buyers

Tuesday, April 13th, 2010

First time buyers could enjoy a permanent stamp duty holiday as they take their first time buyer mortgage, as the Tories pledge they will keep forever the stamp duty holiday on homes under £250,000. Meanwhile, competition in the first time buyer mortgage market is hotting up as the daffodils bloom.

Tags: Best Mortgage Deal, Budget June 2010, Equity Release, Estate Planning, Ethical Investment Funds, First Time Buyer, First Time Buyer Mortgage, First Time Buyer Mortgages, Investment Strategy, Mortgages, National Housing Federation, Pension Planning, Remortgage, Retirement, SIPPS, Stamp Duty, Stamp Duty Threshold
Posted in Mortgage News | No Comments »

How much are you wasting on pension commissions? Check your charges

Wednesday, December 2nd, 2009

Your pension fund can be subject to thousands of pounds in charges that could be avoided by choosing a cheaper pensions provider, according to new research.

Charges and pension commissions can range from 1% to 2.5% per year, and the difference between these rates can make a huge difference to the size of your pension pot, when applied over the lifetime of your pension.

Tags: AIB Bank, Best Performing Pension Funds, Buy & Sell Shares, Life Insurance Products, Low Income Tax Reform Group, Maximum Pension Contribution, Pension, Pension Advice, Pension Credits, Pension Financial Planning, Pension Fund, Pensions, Self Invested Pension Plan, SIPP, SIPPS
Posted in Pensions News | No Comments »

Home buyers! Act now to avoid stamp duty

Friday, November 6th, 2009

Mortgage-seekers and first time buyersÂ looking at a property worth up to Â£175,000 should act immediately to avoid stamp duty under the current government exemption.Â While properties valued up to Â£175,000 are not subject to stamp duty at the moment, the thresholdÂ is to be revised and possibly cutÂ on 1st January 2010, as a cash-strapped Chancellor of [...]

Tags: Financial Life Cycle, Halifax, Investment Bond, Investment Strategy, Mortgage Advice, Mortgages, Pension Planning, Pension Transfers, Retirement, SIPPS, Stamp Duty, Stamp Duty Threshold, Tax
Posted in Mortgage News | No Comments »

Personal pension or SIPP?

Wednesday, August 5th, 2009

One interesting option for the larger pensions saver who wishes to have more control over their pensions investment is the Self-Invested Pension Plan (SIPP).

Tags: AIB Bank, Mortgage Deposit, Mortgage Insurance, Office of Fair Trading, Pension Advice, Pension Credits, Pension Financial Planning, Personal Pension, Personal Pensions, Retirement Planning, Self Invested Pension Plan, SIPP, SIPPS
Posted in Pensions News | 1 Comment »