The Government has announced that, from April 2017, pensioners will be able to sell their annuities in return for a lump sum. This means that those who have previously used their pension to secure an income for life will be able to reverse this arrangement. Whilst the details have not been fully laid out yet,
Earlier this year we were delighted to learn that we had been nominated for the Best IFA Category in the Talk of Manchester Awards. In a year that has seen much change at Foresight, this was welcome confirmation that we are delivering a service that deserves public recognition. During 2015 you will have seen many of these changes which
A high-profile data breach at one of the UK’s biggest broadband internet providers has brought the issue of on-line security to the fore once more, and led to questions about how data can be compromised and what it can be used for. The well-documented issues at TalkTalk – with subsequent criminal investigation and 3 arrests
UK unemployment has fallen to a 7 year low during Q3 2015 according to the Office for National Statistics (ONS). The number of people out of work fell to 1.75 million, a reduction of 103,000 between July and September. Within the UK economy there were 31.21 million people in work which is 177,000 more than
The Enterprise Investment Scheme (EIS) was set up to assist smaller, higher-risk companies raise capital by offering a range of tax reliefs to investors who purchase shares in those companies. Individuals who invest by subscribing for shares in an EIS can obtain income tax relief of 30% of the cost of the shares, in the
Christmas is less than two months away – hooray! Britain absolutely loves Christmas; you only have to look at the amount we spend every year for evidence of that. According to a report, UK shoppers spent £680 each on festive goodies in 2013, totalling a mind-boggling £43 billion. That spending shows no sign of slowing
Speed of Sight… Mike Newman achieved his 8th world record despite being born completely blind, by driving a racing truck at 120.04 miles per hour! Foresight actively support Mike in his record breaking endeavours. Simon Booth, Lissa Horton and Ben Mulroney were in attendance to watch Mike achieve his latest world record at Elvington Airfield.
Today saw the long anticipated judgments of the Supreme Court in two family law cases, which will have significant implications in cases where spouses fail to reveal information and be open about their true financial position. In the case of Sharland v Sharland the husband and wife had both given evidence at a final hearing
In only the second time since 1960, the rate of inflation in the UK has turned negative. According the Office for National Statistics the Consumer Price Index (CPI) dropped 0.1% annually. The Bank of England has warned that this weak pricing will persist in the economy into 2016. Petrol prices, along with clothing and footwear,
Following the release of the minutes from the last Federal Reserve meeting global markets are broadly higher. The minutes reflected caution over the timing and pace of interest rate rises in the US. This, according to Fed officials, is due to the growing risk to the US economy, mainly stemming from China. European equities are
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