Should I combine my pensions? Many people have multiple pensions from a series of employers and keeping track of them all can be a headache. Whether to combine them or not depends on a variety of elements: Where are your pension funds at the moment? What are the charges? How flexible are the contracts? What are the reasons for combining them? Although clients often think that there is a need to ‘tidy up’ their pensio
It is a delight to be able to put aside some money for your children or grandchildren. But what are the options when looking at long term saving? We have looked around and come up with our top 5. 1 – Junior ISA A really tax efficient way to save for a child. Up to £4,080 can be invested on a yearly basis in a Junior Cash ISA or Junior Stocks and Shares ISA. No tax is payable on any interest earned or on any capital g
From April 2017, those under the age of 40 can contribute to a lifetime ISA to the sum of £4,000 each tax year for the purpose of purchasing a first home or for retirement. At the end of each tax year the government will provide a 25% bonus on the contributions, so if you save £4,000 in the tax year the bonus will be £1,000. Savers will be able to make Lifetime ISA contributions and receive a bonus from the age of 18
Managing christmas spend is never easy. For most of us, it is the most expensive time of the year. Is there a way of managing the spend, however, and preventing it from spiralling out of control or managing to recoup expenditure? Robert Brealey, a chartered financial planner with Abbotstone Financial Solutions, advised that although it is a little late in the day for a 12-month action plan, it is never too late to co
‘It’s not all about qualifications but building, maintaining and managing relationships’ says Georgina Wright, Chartered Financial Planner, at Abbotstone Financial Solutions. In 2012 legislation was brought in increasing the level of qualifications required for Financial Advisers before advice can be given. A good thing I do not doubt. A skill we do not get examined on is our soft skills, our bedside mann
Whether you are looking to start saving, or protecting and managing your wealth, at Abbotstone we have a range of services designed to offer you the service that you need at an affordable cost.
Financial Ombudsman Service
The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk