Blog

  • What will the new government-backed savings bond mean for savers?

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    Amongst a generally gloomy Autumn Statement, chancellor Philip Hammond offered a potential ray of hope for those looking to achieve better returns on their nest egg, thanks to the announcement of a new government-backed savings bond. Set to become available from spring 2017 through National Savings & Investments (NS&I) for those prepared to...
  • 4 things to do before the end of the tax year

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    The beginning of a new calendar year should serve as a timely reminder that we’re only months away from the end of the current tax year. It might feel at the moment as though there’s plenty of time until the beginning of April, but ensuring you make use of the remaining months before they disappear is always a good idea. Here are our top four tips...
  • BUDGET PREVIEW FEBRUARY 2017

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    Introduction Let’s start this preview of the 2017 Spring Budget by looking back to the Autumn Statement of 2016 – Philip Hammond’s first major statement after replacing George Osborne as Chancellor of the Exchequer. In his first Autumn Statement, Hammond announced… the end of the Autumn Statement. Declaring that, “no other major economy makes hundr...
  • What does the future hold for the triple lock?

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    The ‘triple lock’ on state pensions has protected the older generation’s income since 2010, guaranteeing that pensions will rise each year in line with the highest of either the average earnings, the consumer price index, or 2.5%. But the triple lock’s days look increasingly numbered, with an increasing number of financial and political figures cal...
  • State pension age may rise to 70

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    Recent reports suggest that the government is planning to raise the official state pension age to 70 for those currently in their 20s. As a more aggressive timetable for increasing state pension age is apparently to be introduced, those in the 45-55 age bracket could be set to receive their state pension when they are 68, whilst those aged between...
  • Happy New Year to everyone!

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    We begin the year with some news of various developments and changes at Alexander Beard Group of Companies… In Australia we have moved our offices from Sydney to Perth and replaced Stewart Ruppert with a new Managing Director – Dave Stone. This better reflects where the larger percentage of our emigration related market resides and is also home to...
  • 3 new year’s resolutions for your finances (that you can actually keep) in 2017

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    Whilst New Year’s resolutions are always made with the best of intentions, the truth is that they often prove difficult to keep beyond the first few weeks in January. The main reason for this is that the goals we set ourselves are admirable but simply too lofty to achieve. It’s far better to choose a few small but achievable goals that offer increm...
  • LISA warnings highlight the need to make sure your investments are suitable

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    The Financial Conduct Authority (FCA) has recently voiced concerns that new Lifetime Individual Savings Accounts (LISAs), due to launch next year, could be putting some savers at risk if the product is not fully understood. LISAs are being sold as a way to earn bonuses if the money put into them is put towards the purchase of a home or saved for re...
  • The post-Brexit period

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    The post-Brexit period could already be having implications, particularly as relate to Franco-British relations, in the form of pension fund transferability. Indeed, the English tax administration, HMRC, has just officially announced the withdrawal of French PERs [retirement savings schemes] from the list of QROPSs. Until now, PERs had been preappr...
  • 31% of Britons have given up saving

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    A recent study has revealed that almost a third of the population are putting no money at all into savings. The report by the Social Mobility Commission found that 31% of people in Britain have nothing left to save at the end of every month, with 4% saving under £10. Around half save £100 or under, with only 23% saving more than £200. The alarming...