Why Should Investors Consider VCTs?

If you’re looking to take a more adventurous approach to investing, it may be worth looking into a Venture Capital Trust (VCT).

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Penson Saving: Maximising Your Savings

It’s so important to start early when it comes to saving for your pension. Although this may seem daunting, it’s actually a lot simpler thank you think.

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Reducing Inheritance Tax: Your Home

When preparing for retirement or for deciding on what you will be leaving behind for your loved ones when you pass away, it’s highly likely that your home will be the most important asset to think about when you’re calculating how much inheritance tax your estate may incur.

At the moment, the current nil-rate band is at £325,000. This increases to £650,000 for married couples. Anything above this threshold would be taxed at 40%.

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Pension Saving: 3 Important Questions You’ll Need to Ask

There are a few things you will need to consider when saving for your pension. One thing you should consider is that the longer you leave it the more you will have to save. You will also need to take into account that the amount you can save depends, of course, on how much you can afford.

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Reducing Inheritance Tax: Making Use of Gifts

You will most likely already know that inheritance tax may take up a large proportion of what you leave behind to your loved ones when you pass away.

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Transferring Your Final Salary Pension: 3 Things to Consider

Since 31st March 2017, it has been estimated that around 80,000 final salary pension schemes have been transferred. More people are likely to be considering this as an option due to the fact that large transfer sums are currently on offer for some of those looking to switch.

Since the pension freedoms were introduced back in April 2015, many savers have decided, or are deciding to switch to a self-invested personal pension (Sipp). A Sipp means that the responsibility for investing is down to the individual.

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