Pension quandary for high earners
For entrepreneurs, many of whom have a fluctuating income the Government’s 2006 rules on pension funding were fortuitous. It meant one off contributions of more than £215,000 (£245,000 in 2009/10) could be made into ‘approved’ pension schemes and potentially benefit from higher rate tax relief at 40%.
More >
Cash windfall forces entrepreneur to focus on finance
Managing director and controlling share holder of Hyde based Shawston Piping Solutions, Rob Davenport, has for the first time drafted in the support of a wealth manager after the restructuring of his business in 2008.
More >
How ill health helped avoid financial catastrophe
Putting your financial affairs in order is often overlooked. This was certainly the case for 64 year old Dr Tudor, a GP from Cheshire, and his 52 year old physiotherapist wife, Jane. The catalyst for Dr Tudor was when he was forced to undergo a double lung transplant, an event which brought sharply into focus the need to tidy up his finances. Maximising what he could leave his wife and three daughters suddenly became the all consuming priority. The operation was thankfully a success.
More >
Losing the power to manage your spouse’s affairs can prove costly
It was heartbreaking to watch my wife's health deteriorate through Alzheimers but by then it was too late to sort out 'enduring power of attorney'. Although she was my wife I didn't have the authority to take control of her finances.
More >
For more information please contact: Jo Whittaker on 0845 226 6971/0789 481 5568
