Individual Savings Accounts (ISA) are a great way for investors to build financial goals such as retirement or even a deposit for a home. However, if you don’t know exactly how they work you may not be taking full advantage. Below are some top tips to take full advantage of the benefits. Tax Advantages – No Income Tax
For many higher earners now is the last chance to take advantage of increased pension contributions and maximise tax relief by carrying forward allowances from previous tax years. The complex ‘tapering’ legislation was introduced in April 2016 which penalises those earning over £150,000 per annum by reducing the amount which can be paid into pensions.
Over the past 10 years savers have had to endure rapidly declining interest rates, resulting in record low interest and bond rates. This has meant many investors looking at alternatives to traditional financial products to achieve their desired rate of return. Several companies have tapped into this demand by offering investment products with higher rates
We are very proud that Foresight Client Manager – Sam Hudson raised over £500 by participating in the 2019 Aldi Chester 10K. The well-supported run had over 4000 entrants and Sam managed an excellent finish time in under an hour. Sam is a keen sportsman and is aware that men don’t prioritise going to see
We are proud to have been nominated as a finalist for ‘Adviser of the Year Firm ‘ in the Professional Adviser Awards 2019. Simon Booth – Managing Director said ‘To be a finalist in these prestigious awards is fantastic news and highlights our passion and expertise for providing the highest level of service to our
We are delighted to welcome Lorraine Marr to Foresight. Having had previous experience in the Finance and Accounting Industry, Lorraine has joined us as a Finance Manager. Lorraine has is a fountain of knowledge as well as being a whizz with numbers and is fitting well into the dynamics of the team. Lissa Horton, Operations
The last 12 months proved to be a record year for equities – but one many would rather forget. After a strong start to the year, with markets continuing the same upward trajectory to which many had become accustomed, the FTSE-100 hit record highs in May on the back of a weakened pound. Unfortunately, this
Inheritance Tax is only paid by about 5% of estates and yet in a recent poll it was voted ‘the most hated tax in the UK’. In the 2017/2018 Tax Year it raised over £5 billion for the Exchequer for the first time. Many people consider it to be unfair, and those having to deal
There was nothing passive about the father of passive index investing, Jack Bogle. He was the founder of Vanguard and the creator of the first tracker fund, who profoundly changed the fund industry and investing. In 1976, Bogle and Vanguard launched the fund now known as the Vanguard 500 Index, which was borne out of
In a recent survey, 90% of respondents voted for Inheritance Tax (IHT) as Britain’s most “hated tax”. Inheritance tax (IHT) has always been a productive source of revenue for the Government, with a record £5.2bn clawed in death duties last year. These figures are particularity interesting given the recent introduction of the Residence Nil Rate
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The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk