Posted by: WealthIFA | June 15, 2012

Financial News Update we 15/06/2012

How have you been?

Firstly, I know there has been a bit of radio silence from me over the last few weeks which was mostly due to the fact that Ian retired at the end of May. As a result, I have been somewhat preoccupied to say the least but the transition has been relatively smooth and Ian was last seen sailing into the sunset from Brighton! Good luck Ian and enjoy the freedom – you deserve it!

We had our regular “Protecting your Assets” seminar last night and have now introduced a second seminar on “Seeking a Secure Financial Future” aimed at those approaching retirement, so it was a late night with the second seminar not starting until 7:30 but it was well received by those that attended and I look forward to presenting to future audiences.

As always, the aim of these presentations is merely to provide information to help those affected, in order for them to be able to make more informed decisions around their finances as they approach retirement.

The news seems to be reflecting the weather at the moment although perhaps the news is a bit more predictable than the weather?

My eldest children’s sports day was cancelled this week due to the forecast for the week but yesterday, the day it was due to take place, we were all left wondering who was responsible for the forecast?!!

Anyway, I hope you have had a good week, enjoy your weekend!

This Week …

Estate Planning

Will-writing and property firms bring ABS total to seven: http://bit.ly/LXVt8d
20,000+ may be due rebate after paying too much inheritance tax: http://bit.ly/LP34d6
Planned ‘Granny Flat Tax’ Set To Be Scrapped: http://bit.ly/KTPjXT

Long Term Care

Survey “Individuals should pay for at least 50% of long term care costs”: http://bit.ly/LcVvsR
Thousands of Families to lose right to reclaim wrongly paid care: http://bit.ly/MJNU4u

Retirement

Working pensioners ‘nearly double’ since 1993 http://bbc.in/K1lsdm
Should you try to squeeze a pension from your home?: http://bit.ly/LVDguE
Heavy cost of final salary schemes and QE: http://bit.ly/M8anrR
Drawdown v annuities: http://bit.ly/LuhCNn

Investment

Picking today’s royal investments: http://bit.ly/MloKP5
VCT and EIS granted greater powers: http://bit.ly/L9TFtY
Do Premium Bonds favour the South East and are old bonds left out?: http://bit.ly/Le9DTW

Regards
Kieron

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