With students facing an estimated £50,000 bill for a three-year degree from next year, parents are considering ways to help their children with university costs. Research conducted by homesforstudents.co.uk has found that from 2012 the average student will have to find £48,503 over the course of a three-year degree. This is an increase of 55% [...]
Read moreWe are pleased to announce that there has been a wedding celebration at Informed Financial Planning. Gregg Crawford (Senior Financial Planner at IFP) was married to Sarah Melody on Sunday 1st May. The ceremony and reception took place at Sandburn Hall, Flaxton, York and the celebrations were blessed with lovely sunshine throughout the day. [...]
Read moreInformed Financial Planning are pleased to be sponsoring Rob Howard, Tax Manager of Gibson Booth Accountants, Barnsley, who will be running in the Virgin London Marathon on Sunday 17th April. The task of running the world famous 26 miles come rain or shine is certainly not an easy one however Rob has decided to raise [...]
Read moreIf you have a long memory, you might recall the Maximum Investment Plan from the 1980s. The MIP was seen by some as an exciting new product; unfortunately, it was quickly tarnished by excessively high commission rates, complex charging structures and allegations of mis-selling. Now, though, the MIP is back and some observers feel that [...]
Read moreOn 10 March 2011, Lord Hutton set out his proposals for a comprehensive, long-term structural reform of public service pension schemes. This follows a nine-month review and set out a number of detailed recommendations to the Government on how public service pensions can be made sustainable and affordable in the future, while providing an adequate [...]
Read moreInformation from Her Majesty’s Revenue and Customs (HMRC) signals that there will be a number of significant changes in the pension death benefit rules from April 2011. The main changes after April 2011, concern three aspects: 1) what pension benefits can be passed on at death 2) what the tax charges may be 3) what the [...]
Read moreOverview Events such as the Japanese earthquake and subsequent nuclear disaster, unrest in the Middle East and sovereign debt problems in the eurozone are more than challenging any small steps to economic recovery. The markets have reacted with some resilience considering the terrible events in Japan over the last month. Perhaps now is the time [...]
Read moreOn Wednesday, 23rd March 2011, the Chancellor presented his first budget since the autumn’s spending review, which outlined the Government’s cuts programme. From the outset we knew that this budget was aimed at reflecting the Government’s stated priorities of a strong stable economy, growth and fairness. It provided an opportunity for the Government to outline [...]
Read moreFrom 6 April 2011 any person wishing to make an application to the Court in a family matter will first have to attend a Mediation Information and Assessment Meeting. Currently, only those who are eligible for legal aid have to show they have attended a mediation assessment meeting prior to making an application to the [...]
Read moreIndividual Savings Accounts (ISAs) were introduced in April 1999 and replaced the earlier Personal Equity Plans (PEPs) and Tax Exempt Special Savings Accounts (TESSAs). They were established to encourage us all to save more, an initiative that many consider a success. Over the years many people have taken out ISAs and have now built up [...]
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