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Pension planning in your 40s, 50s and 60s

Wednesday, July 7th, 2010

Staying on track for a comfortable retirement

Saving for your retirement is one of the most important financial plans you can make. You can choose to save in a pension scheme and/or a savings plan, but whatever you decide, you’ll want your funds to grow and be worth as much as possible in the long term.
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Capital gains tax

Wednesday, July 7th, 2010

‘One of the most chaotic areas of tax’

During his first emergency Budget speech, the Chancellor of the Exchequer, George Osborne MP, announced that higher-rate taxpayers would see the rate of capital gains tax (CGT) increase to 28 per cent from the previous 18 per cent, while the annual exemption of £10,100 would remain in place. He also said basic-rate taxpayers will continue to pay CGT at a rate of 18 per cent.
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