Eldon Financial Planning Limited -
(01325) 318000
enquiries@eldonfinancial.co.uk

Many things remain uncertain across the world at present due to the Coronavirus outbreak and financial uncertainty is a core concern for many. Following sharp falls, investment markets continue to be volatile in both directions on a daily basis. Many people are simply not able to continue with their usual employment and the loss of …

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Research from the World Economic Forum claims that the average UK retiree is likely to outlive their retirement savings by more than 10 years. Men are expected to outlive their savings by 10.3 years on average, whereas women are forecast to be affected the most; outliving savings by 12.6 years. It is clear that various …

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Help to Buy ISAs were first introduced back in 2015, to help first-time buyers save up a deposit for their home. The government will add 25% to an individual’s savings, up to a maximum of £3,000 on savings of £12,000. However, Help to Buy ISAs are only available until 30th November 2019. Following this date, …

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The current limit for individuals making pension contributions in 2019/20 stands at the lower of, 100% of their UK relevant earnings or £40,000. This is called the Annual Allowance. However, since April 2016 the Annual Allowance of £40,000 is restricted for higher earners under what is called the Tapered Annual Allowance. The taper applies to …

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At this time of the year HMRC will begin sending out P800 tax calculations. These calculations are provided to individuals who pay tax through PAYE and show if you have either underpaid, or overpaid, tax. Any calculations should be treated with caution – it is by no means certain that they will be correct and …

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Passing wealth down the generations, for most, is an important part of their inheritance planning process. Until pension freedoms came into force on 6th April 2015, it was difficult to include personal pension funds in this planning. The introduction of ‘Flexible Pension Drawdown’, not only changed the accessibility of pension funds, but also allowed any …

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Over the past couple of months we have seen increased volatility, which has resulted in lower ‘year on year’ investment performance in comparison to the last couple of years. You often hear that uncertainty is a cause of volatility. This suggests however that uncertainty comes and goes – in reality it is with us all …

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Tuesday the 6th of November marked the day when both men and women in the UK began to qualify for their state pensions at the same age as men – 65. This follows a near quarter of a century process that has seen women’s State Pension age increase from the age of 60. But how …

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One of the most frequent, and important, questions clients approaching retirement ask is ‘how long does my pension need to last?’ In essence you are asking how long you are expected to live and, in the absence of a crystal ball this is impossible to predict. What is certain however is that people are living …

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