March 2015 - Moore Stephens Financial Services

Child trust fund

Child trust fund transfers – a wrong about to be made right

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Amongst the blitz of pensions related changes arriving in April 2015, one eagerly awaited investment change is upon us and for a select group of clients it can’t come soon enough. From April 2015, it will finally be possible to transfer Child Trust Funds into Junior ISAs. Admittedly, the intricacies of the process are still being ironed out, but the Government have given it the go ahead and as such…

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Lifetime allowance

Budget 2015 – when £1 million isn’t really so much

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There weren’t too many surprises in George Osborne’s latest Budget and that was always likely to be the case so close to an election. The major announcements had been made before Christmas with the impending pension “freedoms”, which are coming into force in the next few weeks. A couple of areas that require clarification involve ISAs and savings. The introduction of a £1,000 savings allowance from April 2016 will impact…

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The retirement secret – you have more than one option

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The new pension freedoms, as they have come to be known, are almost upon us and yet it seems to us that an age old problem still remains when thinking about retiring and we don’t see it improving any time soon. The headlines say we can draw our pensions as lump sums from age 55. In the past two months one client who doesn’t even have a personal pension, has…

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Stock Market

Higher or lower – the stock market’s game of the price is right

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Many stock markets have reached peaks over the last couple of weeks, with US markets and the FTSE 100 either touching record highs or exceeding them. Last week saw a slight consolidation with a little fall off from those peaks, but there was no mass reversion to the mean as has often been the case when markets have been deemed to have overheated before. So where do we go from…

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