Bournemouth Accountants and Financial Advisers News, Ward Goodman Chartered Accountants
pensions anniversary

Pensions freedom anniversary: taking too much or too little

Posted under Tax Briefs, Ward Goodman News.

New statistics have been published showing just how much has been withdrawn in the first year of pensions freedom. In August, the Association of British Insurers (ABI) published data showing how much had been withdrawn from pension arrangements in the 12 months to April 2016, the first year in which the pension flexibility reforms introduced…

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cash isa

Cash defies low interest rates

Posted under Tax Briefs, Ward Goodman News.

New statistics from HMRC show that cash is still a popular ISA investment, despite ultra-low interest rates. In early summer the Financial Conduct Authority published a report looking at easy access cash interest rates for savings account and cash ISAs. The regulator surveyed the lowest rates on offer from 32 major providers and summarised its…

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property pension

What role does property play in retirement planning?

Posted under Tax Briefs, Ward Goodman News.

There has been a difference of opinion on the role of property in retirement planning between the Bank of England’s Chief Economist and a former Deputy Governor. Andy Haldane, Chief Economist at the Bank of England, caused a few raised eyebrows recently when in a Sunday Times interview he suggested that “property is a better…

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lifetime isa

Chancellor aims to launch LISA next April

Posted under Tax Briefs, Ward Goodman News.

The previous Chancellor’s plans to launch a Lifetime ISA (LISA) have been given a fresh breath of life. In his final Budget last March, one of the surprises George Osborne produced was the Lifetime ISA, known as the LISA to everyone except HM Treasury. As a reminder, LISA’s main features were to be: It would…

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