Now that the nights are drawing in again, the heady times earlier in the year around the Budget and then election seem far away.
We’re still feeling the effects of them, however, with the residual measures removed from Finance Act 2017 still working their way through Parliament in a new Finance Bill (labelled as ‘2017-19’) on the eve of the second Budget of the year.
While the Bank of England managed to finally put through its first interest rate increase for a decade, there is still uncertainty for businesses and individuals around the progress of the Brexit negotiations, as well as what measures the Chancellor may have in store in his Autumn Budget.
Keith Relf, Managing Director of Pembroke Financial Services of Shoreham says “We have updated our Key Guides against this background and again reviewed our coverage. With the pensions landscape still unsettled, we’ve created two new guides focussed on building up and drawing from your pension:
- Saving for retirement: This guide looks at the rapidly changing world of retirement provision and pensions, both state and private. It covers areas such as the changing State Pension Age, the impact of the lifetime and annual allowances, auto-enrolment and the selection and management of investments for pension arrangements.
- Taking an income in retirement: This guide examines the pension options your clients most commonly face at retirement. It covers whether to draw a lump sum, the choice between annuities and the flexible income alternatives and the estate planning opportunities pensions can now provide.
We have also updated six other titles in the series to provide you with more in-depth information on topics ranging from investing for children and investment planning and asset allocation, to taxation of property and estate planning.
We hope that they are both informative and stimulating.