HMRC payroll investigations on the rise

Posted by siteadmin on Monday 9th of April 2018

Recent figures released through a Freedom of Information Request have revealed that payroll investigations last year led to HMRC collecting £819 million of additional tax, a figure that represents a year-on-year jump of 16%.

It has been suggested that the increase is due to a ‘grey area’ over whether a taxpayer is considered to be ‘employed’ or ‘self-employed’, with this area being targeted by HMRC in order to eradicate any ambiguity and categorise as many people as possible as being employed. Doing so means that tax can be deducted at sour...


What is a ‘market correction’?

Posted by siteadmin on Monday 9th of April 2018

The start of 2018 has been an eventful time in the world of the stock market. After hitting highs at the end of January, both the Dow Jones and Standard & Poor’s 500 saw a considerable drop at the start of February, a fall from which the markets have now mostly recovered. At the time, however, this was reported as a ‘market correction’ by most media outlets. But what exactly does a correction mean in this context?

Put simply, a market correction is when the price of any security or market index declines by at least 10% after a recent high. ...


April Market Commentary

Posted by siteadmin on Monday 9th of April 2018

Introduction
To say that March was a busy month is an understatement.

Russia went to the polls to elect a new President and, in the least surprising result of the year, Vladimir Putin won another six year term. With the Chinese Communist Party removing the rules limiting Xi Jinping to two terms in office, two of the world’s three superpowers now effectively have presidents for life. North Korean leader, Kim Jong-un, jumped on the train and headed to Beijing for talks, ahead of his meetings with Moon Jae-in, the South Korean leader, and with ...


March Market Commentary

Posted by siteadmin on Tuesday 13th of March 2018

“The first month of 2018 was a good one for the major stock markets which we cover in this Bulletin. We report on 12 markets and 11 of them made gains in January – in some cases, spectacular gains, which many investors would regard as more than adequate for a full year.”

Sadly, February was the exact opposite: 10 of the 12 markets on which we report were down in the month, following a global sell-off at the start of February. But that is the nature of savings and investment: stock markets rise and fall. Saving and investing is a long term b...


Lonely Planet travel tips for 2018

Posted by siteadmin on Tuesday 13th of March 2018

We all have bucket lists of one form or another and high up on a lot of people’s lists are various travel experiences. Travel allows us to experience other cultures, other climates, to meet new people and generally broaden our horizons. Especially now if you are in or approaching retirement and you have time to make your travel ambitions a reality.

Maybe you want to sit on the edge of the Grand Canyon or walk the length of the Great Wall of China, treading a similar path to many in your position with the free time to spend enjoying life.

B...


Retiree Communications

Posted by siteadmin on Tuesday 13th of March 2018

You’ve perhaps lived a full and rewarding life, settled down, had a family, and are now reaping the benefits of working hard and investing in your future. But has the world got smaller since back when you first began to make your mark? Now, through using social media on your tablet or smartphone, you can find that schoolfriend that emigrated halfway across the world or have a video chat with your grandchildren even though they live some distance away, or perhaps you use your smartphone or tablet to manage your portfolio while you are on the ...


4 ways to make your money go further

Posted by siteadmin on Friday 2nd of February 2018

January is a month that often feels twice as long in financial terms after the extravagances of Christmas and New Year, but just because we’ve reached February and your bank balance is finally looking a bit healthier doesn’t mean giving up all those thrifty habits you’ve adopted at the start of the year. It’s far better to capitalise on your good financial habits by adopting a few more and helping your money to go even further. Here are four simple but effective ways you might do just that:

1.   Try online grocery shopping – There are sever...


Striking the work/life balance

Posted by siteadmin on Friday 2nd of February 2018

Two of the biggest concerns faced by workers when they reach their 50s and 60s are those of achieving job satisfaction and a work/life balance. Recent studies have offered fresh insight into the reasons behind these issues and the best ways to tackle them.

One study conducted by economists at the University of Southern California and California State University explored how work/life balance issues affected those aged between 51 and 79. 14% of women in this age bracket who retired earlier than they intended to did so because they had to car...


February Market Commentary

Posted by siteadmin on Friday 2nd of February 2018

The first month of 2018 was a good one for the major stock markets which we cover in this Bulletin. We report on 12 markets and 11 of them made gains in January – in some cases, spectacular gains, which many investors would regard as more than adequate for a full year. But sitting alone on the naughty step was the UK: as we shall see below there was plenty of good news for the UK in the month but, dogged by uncertainties over Brexit, continuing doubts about Theresa May and the collapse of Carillion, the FTSE fell 2% in the month.

Why did gl...


5 key financial changes to watch out for in 2018

Posted by siteadmin on Thursday 11th of January 2018

As with any new year, there are a number of financial changes coming up in 2018 which are likely to impact on your monthly budget and long-term saving goals. Let’s have a look at five of the most significant and what they’re likely to mean for you over the next twelve months.

  • Automatic enrolment contributions are set to increase – If you’re enrolled in a workplace pension scheme and making the minimum contribution, that will currently be 0.8% of your salary. However, from April 2018 the figure will treble to 2.4%. To avoid the increase yo...

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