About Us | Golf Day | Contact | The Team | Recruitment | Affiliates | i-FSG Plc

Posts Tagged ‘over 50’

Financial News and Articles

Friday, November 6th, 2009

This months news and article feed News and Articles for Novemeber.

What’s in is edition? Below are some of the articles which may be of interest to you.

Achieving a wealthier retirement

Have you considered your options?

Buying an annuity is typically a one-off purchase, so it’s essential to obtain professional advice to ensure that you can achieve a wealthier retirement…………..

Bespoke investment solutions

Selecting a broad spread of instruments

There is a whole range of opportunities open to an investor wishing to generate extra income or build up a capital sum for the future. If appropriate to your particular requirements, one option to consider is collective investment schemes…………..

ISA returns of the year for the over-50s

Have you taken advantage of topping up your tax-free savings?

If you are aged 50 or over, from 6 October your Individual Savings Account (ISA) allowance increased by a further £3,000 to £10,200; £1,500 of this increase can be saved in a cash ISA……………

Are you an income-seeking saver?

Making the right informed decisions is the key

We provide solutions for the diverse needs not just of our wealthy clients but also of those who aspire to become wealthy, enabling each individual to structure their finances as efficiently as possible………………

View all stories

Tags: , , ,
Posted in Financial News Articles | No Comments »

50 plus ISA Contribution Increase

Friday, October 9th, 2009

As a client of Lyndhurst who is over 50 you should have now received a letter advising you of the changes to the ISA allowance that came into effect on 06/10/09.  If you have not received a letter and you think you should have please contact client support on 01582 715777.

In summary the change means that the 21 million people in the UK who will be aged 50 or over by 5 April 2010 can save an additional £3,000 in an ISA. This rise from £7,200 to £10,200 is an exciting opportunity that could make a real difference to your investments and a valuable chance to protect further savings from the clutches of the taxman.

Don’t forget, any money you save in an ISA is free from capital gains tax. There is also no further tax to pay on any income you receive. This means you can build up a substantial sum over the years, which you can withdraw whenever you want.

An ISA is an extremely efficient tax free savings vehicle and maximum funding of contributions should be considered in all financial planning. ISA funding can be by means of a lump sum investment or by regular contributions.

There are also some significant pension changes for people aged 50 - 55 which come into effect in April 2010. If you haven’t found out how this affects you then please contact your financial adviser now before it’s too late.

Adam Cook
Head of Operations
Lyndhurst Financial Management Limited

 

 

Harpenden - St Albans - Luton - Radlet - Barnet - East Barnet - London - Mayfair

Tags: , ,
Posted in ISA | No Comments »

Over 50s should be ready to maximise their ISA allowance

Wednesday, August 19th, 2009

From 6th October 2009 over 50’s will be allowed to contribute up to a maximum of £10,200 into a stocks and shares ISA, £5,100 into a cash ISA or a combination of both up to the maximum limits. This is an increase of £3,000 from the current stocks and shares ISA allowance.

The rest of the population will have to wait until April 2010 for the enhanced allowance.

An ISA is an extremely efficient tax free savings vehicle and maximum funding of contributions should be considered in all financial planning. ISA funding can be by means of lump sum investment or by regular contributions. I would urge anyone over the age of 50 to seek advice in this area and request a review with their financial adviser.

 

Clive Gadsden

Independent Financial Adviser

 

Hertfordshire – Hemel Hempstead – St Albans - Harpenden

Tags: ,
Posted in ISA | No Comments »