Welcome to the latest issue of our financial magazine, crammed full of topical articles dominated by the recent pension rule changes and some significant challenges for investors in the form of geo-political upheavals, economic growth and monetary policy.
On 10 July this year, the Office for Budget Responsibility warned that many of us might not be eligible for a State Pension until we reach the age of 70. That’s the minimum age the Government will be able to afford to pay our pensions by 2063 if it is also to stop the national debt spiralling out of control. Read the full article on page 08.
Most investors are used to hearing the term ‘diversification’ – but it has a broader meaning than many realise. On page 10, we explain the importance of diversification as investors potentially face further new challenges this year and next.
The new Individual Savings Account (NISA) rules were introduced in July. On page 11, we explain how savers and investors now have more flexibility and a larger tax-efficient allowance than ever before.
Retirement should be an exciting time, and these days there’s more scope than ever to arrange your finances the way you want them. On page 06, we consider why the financial decisions you make need careful consideration.
A full list of the articles featured in this issue appears on page 02.
We hope you enjoy reading this issue. To discuss your financial planning requirements or to obtain further information, please contact us.
Click here to access : Smart Money Sepetmber and October 2014