Fiducia Money Spring Edition
Each tax year, we are given an annual Individual Savings Account (ISA) allowance. Anyone wishing to utilise their allowance should do so before the deadline on Wednesday 5 April 2017. The date marks the end of the 2016/17 tax year. It is a ‘use it or lose it’ allowance, meaning that if you don’t use all or part of it in one tax year, you cannot take that allowance over to the next year. On page 06, we consider your options.
The UK’s decision to leave the EU has left over two million people planning to change their retirement plans, according to findings from a survey by LV= that commissioned Opinium Research. It’s undoubtedly a thought-provoking time for many approaching retirement, and it means it’s even more difficult for retirees to know what is right for them. On page 08, we consider the importance of having access to professional financial guidance and regulated financial advice at a time when you are deciding how you will receive an income for the remainder of your life.