Moneyworks Summer 2017

Your new Moneyworks magazine is available. In this issue, What next after Brexit?And how will it affect your money? Will inheritance tax catch you out?What the new rules mean for you. The pension revolutionIt’s been two years since major pensions reform took place, but you still need a careful plan. Are you paying too much […]

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Has the government mis-sold pensions?

Most pensioners are not receiving the full flat-rate pension promised by the government.   The new state pension, which launched 6th April 2016 was supposed to provide certainty of income for people in retirement, but a Freedom of Information (FoI) request made by the Sunday Times has revealed anything but. The Sunday Times asked how many […]

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Auto enrolment explained in under 90 seconds

Do you employ even a single person? Then you need to make sure you are following the rules correctly on the new pensions auto enrolment legislation. To find out more visit the dedicated auto enrolment section of our website here. You can also call us on 020 8559 2111 or email us at ae@bbifp.com. If […]

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National Savings are cutting interest rates

Rates on a range of National Savings & Investments products will fall from 1 May. National Savings and Investments (NS&I) has announced that it will be cutting interest on four of its variable rate products from 1 May. These follow the Bank of England’s base rate cut to 0.25% which took place in August 2016. […]

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Fantastic Puzzle #1

Charlotte loves to bake cakes for the BBIFP team (BBIFP. Fantastic Pastries?), using her favourite rectangular baking tin. The thing is, with our advisers coming and going all week long there is often only two people left to eat it. Charlotte doesn’t play favourites so she always makes sure to cut the cake exactly in […]

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Is the spectre of high inflation returning?

December 2016 had the highest inflation figure since July 2015 Inflation was far from our minds for much of 2015. The Consumer Price Index (CPI), the government’s chosen measure, showed annual inflation oscillating between -0.1% and 0.3%. Last year told us a rather different story and by December 2016 prices were rising by 1.6% a […]

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The residence nil rate band is coming soon

From April 2017, the residence nil rate band comes into being. The Conservative Party’s manifesto for the 2015 election promised to “take the family home out of tax by increasing the effective Inheritance Tax threshold for married couples and civil partners to £1 million.” The legislation which starts the first stage of this process comes […]

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What next for Auto-enrolment?

Seven million workers have said yes to Auto-enrolment, but what happens now? Automatic enrolment has reached a new landmark, but does success so far mean an easier path from 2017, or are there new challenges in store? When automatic enrolment (AE) into workplace pensions started in October 2012, there were some doubts about how successful […]

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