June 23, 2022
Why investors and those planning for retirement need to keep calm and take a long-term view.
Check out below all the articles and updates from Kellands.
June 23, 2022
Why investors and those planning for retirement need to keep calm and take a long-term view.
May 18, 2022
With an ageing population, an increasing retirement age and less certainty in what to expect from your pensions, it could be a good time to review what you want from your later life.
March 22, 2022
As another extraordinary financial year comes to a close, it’s more important than ever to make good use of your annual pension allowances. Giving your pension savings a boost and assessing where you stand will give you peace of mind that you are on track to enjoying the retirement you are planning for.
March 1, 2022
The Russian invasion of Ukraine last week has sparked more uncertainty and volatility in the financial markets
February 24, 2022
With the end of the tax year fast approaching, there may still be time to review your tax and financial affairs to make sure you have optimised all your tax allowances and tax planning opportunities. So here’s a few of things to look at before the start of the new tax year on 6 April 2022.
January 26, 2022
The pandemic saw more people start investing whilst others invested more through the enforced savings brought about by lockdown.
November 25, 2021
According to new research, more than half of UK adults say the Covid-19 pandemic has affected their retirement plans.
September 27, 2021
A look at how to make the most of your pension pots and other investments to generate a decent retirement income.
July 14, 2021
Price inflation in the UK is still rising, with the official rate up to 2.5% in the past year.
June 8, 2021
A spate of recent surveys shows both how people have responded to pensions throughout the pandemic and their general lack of understanding and engagement.
April 29, 2021
The pension lifetime allowance (LTA) has been around for 15 years, but the possibility of a potential 55% tax charge on ‘excess’ pension savings still causes confusion and anxiety for many.
April 6, 2021
Today is the start of the new tax year, so this could be the best time to take advantage of one of the tax breaks available to you, by opening a Stocks and Shares ISA.
March 23, 2021
Aaron Pitt, Chartered Financial Planner at Kellands, takes a look at this perennial issue.
March 8, 2021
Today is International Women’s Day, a day which celebrates the social, economic, cultural and political achievements of women from around the world. It is also an opportunity to look into the gender investing gap and what can be done to help encourage women to invest more and take control of their finances.
February 16, 2021
A new set of pension legislation has received Royal Assent to become an Act of Parliament.
January 28, 2021
As we start a New Year it is unusual to be thinking about a year-end. However, the tax year is coming to a close in only a few weeks.
January 14, 2021
After the unprecedented events of 2020, it is quite likely that your perfectly diversified portfolio of a year ago may now need rebalancing.
November 13, 2020
The latest official figures offer some reasons to be cheerful about the state of recovery in the UK economy.
October 30, 2020
Pensions have become a focal point for many as the coronavirus pandemic has forced retirees to re-evaluate their pension options. Some with Defined Benefit pensions may be tempted to transfer them, but is this the right thing to do?
August 3, 2020
Behavioural biases play a significant role in our decision-making as investors.
July 23, 2020
A scourge of the retail financial services profession are promotions for unregulated investments.
May 1, 2020
During these challenging financial times, to what extent have pension savers been raiding pension pots?
April 16, 2020
The economic impact of the coronavirus pandemic on the UK is likely to be significant, but recovery may be quicker than in other countries.
February 27, 2020
As an investor, how should you be responding to the impact that the coronavirus is having on global stock markets?
February 7, 2020
With an ageing population and a prolonged period of rising property prices, it’s no surprise to see equity release growing in popularity.
October 15, 2019
If you are in your 50s or 60s, your thoughts are probably turning towards retirement. When should you retire? How much money do you need?
October 8, 2019
The past decade has seen a big increase in ethical investing, although in overall terms, it is still a relatively niche market. In the middle of Good Money Week, which aims to let investors know about the range of ethical and sustainable financial options, we take a brief look at some of the statistics and issues.
July 4, 2019
Latest data from the Office for National Statistics (ONS) shows a major increase in the number of dormant pension pots, making the case for the mooted pensions dashboard even stronger.
June 12, 2019
Latest figures from HMRC show that the average pension withdrawal from pension drawdown schemes in the UK is £7254. This is around 6%-9% of the average pension pot, well above the 4% often touted as a sustainable rate. The upshot is that savers could be at risk of running out of money in retirement.
May 21, 2019
Interest rates have been at record lows for over 10 years, causing problems for income investors, who have had to take on more risk to get some decent income yields. So what can income investors do to maximise their income potential going forward, without risking too much capital?
April 24, 2019
Brits spend more time planning a holiday than ensuring they have the right pension and financial plans in place.
April 5, 2019
As an extension to the Brexit deal looks to be on the cards, we revisit what this means for investors. Should you delay making further investments at this juncture, or even switch to cash, before there is more clarity on the way forward?
January 31, 2019
When equity market volatility strikes, investors often flee to safety in the form of bonds. Fixed income securities (bonds) are traditionally seen as a less risky asset class than equities, although their value can also go down as well as up.
December 14, 2018
Many children get inundated with gifts at Christmas, often based on the latest fad or craze. However, parents, grandparents and relatives wanting to give a Christmas gift that lasts a bit longer might like to consider investing for their child or grandchild instead - for example through an investment children’s savings scheme or a Junior ISA.
November 22, 2018
Some new research has found that only 39% of Brits who have made a will plan to divide their money equally between beneficiaries.
October 17, 2018
In uncertain times, it is always worth remembering the old adage – that time in the market matters more than timing the market.
September 23, 2018
If you are confused by the UK’s inheritance tax regime, recent research shows that you are not alone. Yet getting your inheritance tax planning wrong could mean your family is faced with an unexpectedly high inheritance tax (IHT) bill.
September 1, 2018
With the summer holidays drawing to a close, the inevitable round of speculation about pension tax relief changes in the Autumn Budget has begun.
July 9, 2018
As we bask in this long hot spell, many of us will start dreaming of giving up work and enjoying a sunny retirement, doing the things we’ve always wanted to do. However, some recent surveys suggest that many of us could be in for a bit of a shock.
June 7, 2018
The amount paid in inheritance tax (IHT) reached a record high last year, with over £5.2bn being paid. Yet whilst death and taxes are inevitable, IHT has been called the ‘avoidable tax’ or the ‘voluntary tax’ as with some careful inheritance tax planning there are many ways to avoid it or at least reduce it significantly.
April 20, 2018
The FTSE100 reached a new all-time high of 7778.64 on 12 January this year. In the three months since then, we have seen the index drop at one point by almost 9% to just below 7000, although it has recovered a bit since then, closing last night up a tad at 7328.92.
March 3, 2018
With the end of the tax year just over a month away, it’s time once again to consider any last minute tax and pension planning, to make sure you utilise the tax breaks available to you. Here’s just a few ideas and options, some of which may be appropriate for you.
February 16, 2018
The increasing popularity of equity release as part of the retirement planning mix was demonstrated in 2017, which saw new records set in the equity release market.
February 6, 2018
The last few days have seen markets fall around the world, prompting some to consider whether this is finally the end of the current long bull run. Sudden sell-offs can cause consternation amongst investors, so what is the best way to deal with a stock market correction?
November 23, 2017
Yesterday’s budget came and went with no changes to the main tax reliefs and allowances. This is almost unprecedented and represents good news for investors after years of governments tinkering with the rules.
November 5, 2017
The raising of the Bank Rate to 0.5% last Thursday was the first interest rate rise in over 10 years. So has the tide turned, will interest rates now continue to go up – and if so, what impact will higher rates have on investor’s portfolios?
October 22, 2017
Over a million people have taken advantage of the pension freedoms introduced in April 2015, which allow over-55s to take their pensions as cash rather than buy an annuity. However, many are missing out because they do not seek financial advice.
October 5, 2017
Many experts and fund managers are forecasting that Europe could be the place for investors to be over the next few years.
August 16, 2017
The first half of 2017 saw technology stocks flying on Wall Street. Whilst the passion for all things tech has cooled a bit of late, the world has certainly become a digital and technological marketplace. So as an investor, looking for the next big thing, how can you pick the new Facebook or Google?
June 9, 2017
Following last night’s General Election, we now have a hung parliament – as we did back in 2010. The immediate upshot this morning was a fall in sterling of around 2% but at the same time a rise in the FTSE 100 of over 1%, with the index reaching 7545.12, not too far from the current intra-day record of 7,598.99.
April 10, 2017
Whilst the start of this tax year sees the new main residence nil rate band (MRNRB) come into effect for inheritance tax (IHT) planning purposes, the recent changes to pension rules have affected the IHT planning world in perhaps a more radical way.
March 9, 2017
Whilst there was no change in some areas, the two big talking points of the budget were the reduction in the tax-free dividend allowance and an increase in National Insurance (NI) for the self-employed.
February 23, 2017
When it comes to investing in funds, looking at past performance data is very alluring and is the starting point for many. Because of this, despite the required disclaimer at the bottom of every piece of investment marketing material, stating that past performance is not a guide to future returns, most investors find it difficult not to rely on it.
January 21, 2017
Friday 13th didn’t prove to be unlucky for the FTSE 100, which reached an all-time high that day, closing at 7,337.81, thus rising for an unequalled 14 consecutive sessions. Since then, the market has fallen back somewhat, leaving investors to ask whether this run can continue or if it has finally run out of steam.
January 17, 2017
At the start of any New Year, people tend to take stock and make plans for the future – holidays, family matters, house moves, cars. A financial review also makes sense at this time.
January 7, 2017
Last night, the FTSE 100 closed with a seventh consecutive all-time high, rising 0.2%, or 14.74 points, to close for the first time ever at over 7,200 (7,210.05). This is approaching the longest run of consecutive closing highs, which was recorded in May 1997, when the FTSE 100 finished at all-time peaks for eight straight sessions. It also represents the fifth straight week of gains.
November 24, 2016
In his first Autumn Statement, Chancellor Philip Hammond praised the "strength and resilience" of the UK economy since the Brexit vote and pointed out that the IMF predicts the UK will be the fastest growing major economy this year, with employment at a record high.
November 12, 2016
The Dow Jones ended the week at a record high after the shock Trump victory.
October 19, 2016
Inflation rose to its highest level in 22 months in September. The consumer prices index (CPI) rate of inflation increased to 1.0%, up from 0.6% in August and looks certain to go even higher in the next few months, possibly exceeding the Bank of England’s 2% target next year.
October 5, 2016
Stock markets in the UK soared yesterday, with the FTSE100 closing at 7,074.34, its highest level since the record finish of 7,104 in April 2015. Indeed, it came close to setting a new record high, before a last-minute burst of profit taking. Meanwhile, the FTSE 250 mid-cap index did close at a new peak.
September 25, 2016
According to BofA Merrill Lynch, we are in the midst of the second longest cyclical bull market ever. They say the cyclical bull market started on 09 March 2009, and has now comfortably surpassed the June 1949-August 1956 rally, only being beaten by the December 1987-March 2000 advance.
August 4, 2016
As widely trailed, UK interest rates were cut today from 0.5% to 0.25% - a record low level and the first cut for over 7 years. The decision to cut interest rates was approved unanimously by the members of the Monetary Policy Committee (MPC) and further cuts were not ruled out.
March 8, 2016
With the drastic reduction in lifetime allowance, many investors are turning to VCTs to top up their income.
Passengers across Britain are facing a third day of travel disruption as rail strikes continue.
The government is calling a review of the plans which include a smaller shop, offices and a gym.