Smart Money September 2010

Please find below the link to our latest personal financial planning and wealth management magazine. Smart Money September 2010

With an ageing population, increasing weight has been given to the argument that a ‘one size fits all’ retirement policy is no longer acceptable and that people aged 65 or over should not be considered incapable of carrying out their jobs to the standards expected. In July, the government announced that it would launch a consultation process to look at plans to end the default fixed retirement age for the UK's workforce. Read the full article on page 3.

Following the emergency Budget, the Chancellor, George Osborne, has confirmed that the 28 per cent capital gains tax (CGT) rate introduced would remain in place for at least the length of this parliament. On page 10 we consider why, from a financial planning perspective, this enables us to make positive decisions for our clients about how best to reduce its impact until at least May 2015.

Even though the end of this current tax year may seem fairly distant, if you haven’t yet taken full advantage of your Individual Savings Account (ISA) allowance you could be missing out on sheltering your investments from tax. On page 7 we look at the benefits of ISAs, which enable you to hold investments and pay no capital gains tax and no further tax on the income you receive.

Also inside this issue: the relaxing of the annuity law, which could revolutionise investor attitudes towards pensions, and ten tax saving tips to make more of your money. A full list of the articles featured in this edition appears on page 3.

To discuss your financial planning requirements or to obtain any further information, please contact us on 01384 390909.

Smart Money Magazine September 2010 [opens as PDF in new window]

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KGJ Insurance Brokers (Stourbridge) Ltd. is an Independent Financial Advisor, Authorised and Reglated by the Financial Services Authroity (FSA). You may check this on the FSA's Register by visiting the FSA website www.fsa.gov.uk/register Our FSA Register number is 116769.