Baxter Fensham Limited Financial Planners - Financial Planners, Wealth Managers, Tax Planners

As some of you may know, the minimum pension age for drawing a private pension will rise from age 50 to age 55, from April 2010

The Government plans to scrap the tax breaks on childcare vouchers, which enable parents to opt to receive up to £243 of their pay each month in vouchers before Income Tax and National Insurance is deducted from their income. The scheme provides the equivelant to a 31% saving on that element of their income for [...]

A recent rally in house prices have lead people to think the housing market is on its way to a sustained recovery and most of the main surveys reflect this. Nationwide report four months consecutive growth with a staggering 1.6% rise in August alone. Halifax and Royal institute of chartered surveyors (RICS) both report similar [...]

The first premise is to understand and accept it is not possible to avoid risk with ones money. Ironically, our experience strongly indicates those individuals who are most risk averse, inadvertently take some of the highest risks in their quest to avoid risk.

As all our investors are aware our investment philosophy is based around four key principals:-

In the budget the chancellor announced the introduction of a 50% tax rate for those with taxable earnings above £150,000. However the position is more complicated than this, as what was not made quite so clear was that there will in fact be an increased tax take between 40% and 42.29% for anyone earning above £100,000.

The announcement that two more of the few remaining  final salary pension schemes are closing, (see links below), indicates over regulation has taken place. In 20 years, we have gone from an environment of ‘laissez faire’ to multiple and onerous layers of regulation, which were  introduced with the intention of protecting member benefits. This appears to have failed, as almost [...]

This article by Simon Fitton appeared in the publication ‘Dental Practice Health Check’ by Lesley Bailey, http://www.amazon.co.uk/Dental-Practice-Health-Lesley-Bailey/dp/1846192110, a business coach assisting dental principals transition their practices into businesses. Although designed for dentists, the message still holds firm for any walk of life. Business and Personal Financial Planning The previous article highlights the importance of management [...]