Revenue clamps down on tax-free cash The Revenue has moved quickly to close a loophole that allowed holders of occupational pension policies to shift large amounts of tax-free cash from their retirement funds.
Let your agents do the legwork When it comes to buying houses it can take weeks of traipsing around dozens of unsuitÂable properties to find the one you like. If you want to stay one step ahead of the game, however, there are people who will do the work for you.
Moves to quit final salary schemes High-profile collapses of final salary pension schemes and reports about rising deficits are prompting thousands of people to transfer out of final salary pensions from former employers to safeguard retirement assets against a possible collapse of the co
Options still open to minimise IHT In spite of heavy protests from lawyers and accountants, the Finance Act incorporating chancellor Gordon Brown’s new rules on the taxation of trusts has just been given Royal Assent.
Fixing a fair fee for finance advice Figuring out whether the fees and commissions your independent financial adviser charges are fair can be difficult. Are the charges you are paying to invest in an annuity or unit trust appropriate? Could you find a more appealing deal?
Vehicles set to queue for property schemes After months of chaos and confusion following Gordon Brown’s U-turn last December, the first swathe of investors is starting to channel pension funds into residential property through new types of syndicates.
Avoid going bust on the beach Before you flee the city this summer, take the time to plan your finances to ensure you do not return to late payment charges or surprising shortfalls in your investment portfolio.