What the New Prime Minister Could Mean for YOUR Finances?

What the New Prime Minister Could Mean for YOUR Finances? Boris Johnson recently won the leadership race for the Conservative Party, meaning he is now the Prime Minister in the UK. But what will that mean when it comes to personal finance? The prime minister has already announced pension tax relief changes and an increased higher rate income t…

UK Forecasts Decreasing Life Expectancy

UK Forecasts Decreasing Life Expectancy The average life expectancy in Britain has dropped by six months in the biggest reduction in official forecasts by the Institute and Faculty of Actuaries (IFoA). The IFoA calculates life expectancy on behalf of the UK pension industry and has yet to suggest any reason why longevity is declining for me…

UK State Pension Forecast

UK State Pension Forecast There are currently two types of state pension: the basic state pension and the new state pension. The type of state pension a person gets is dictated by the year in which they were born. Men born before 6 April 1951, and women born before 6 April 1953, can claim the basic state pension. Both men and women born on or a…

What American Clients need to know from their Financial Advisers

What American Clients need to know from their Financial Advisers For an American investing outside of the US, complications are common. These clients will likely run into a plethora of problems, from additional tax and reporting requirements to restrictions in their investment. Advisers need to be ready to suggest solutions for these potential p…

Finding a Suitable DFM to Match your Advice Model

Finding a Suitable DFM to Match your Advice Model  DFM, discretionary fund manager. Many opinions are thrown about upon the topic of DFM’s, and which you get depends on who you’re talking to. For every DFM enthusiast, there will be a pessimist ready to share their story of disappointment. But most disappointment comes from th…

Unclaimed Inheritance Figures at Record Highs

Unclaimed Inheritance Figures at Record Highs The death of a loved one is always a sorrowful event in life. Yet if by chance you died tomorrow, you would at least know that your loved ones and your send-off are financially covered. Except, as new research suggests, your loved ones may never see a penny of your cash savings, home…

Understanding Your State Pension

The rise of the state pension ageRecent years have seen an increase in the state pension age for women in an effort to close the gap between men and women. Changes began in 2010 when the state pension age for men and women stood at 60 and 65, respectively.Yet it looks like the state pension age is on the rise again under new government plans.Bu…

Profitable Resolve to Trying Times for Buy to Let landlords in the UK

Profitable Resolve to Trying Times for Buy to Let landlords in the UK The government’s efforts in making the buy-to-let sector less appealing to investors seem to have prevailed.Over the past three years, the number of UK landlords has declined by around 120,000 according to estate agent Hamptons International. Yet landlords are leaving the s…

Strategic partnership with Intuitive Support Services Ltd

PWS Group are delighted to announce a strategic partnership with Intuitive Support Services Ltd. The agreement will involve the introduction of the vastly experienced Intuitive Support Services team, who will be providing administrative support for the PWS Group’s team of financial advisers and paraplanners. Craig McConnon – PWS CEO – …

NO Deal Brexit Could Lead To Transfer Values Being Cut

A Warning from Experts Experts have warned that should Britain leave the EU with no deal, trustees may cut transfer values to protect defined benefit pension schemes. A senior consultant at Barnet Waddingham, Malcolm McLean, has said that the most recent estimated figures have correctly predicted an increase in pension deficits with a no-deal Br…