It's our weekly heads-up on articles your clients may have read in the national newspapers over the weekend...
The Times presented a run-down of ten ways entrepreneurs can help reduce their tax bills. Tips included offsetting expenses, creating a LLP and seeking advice. Read the full story HERE (subscription).
If buying Royal Mail shares marked some people's first step into the world of investment, the Telegraph assessed what should be their second. The article plays up the 'buy and hold' strategy common among seasoned investors, but argues that, in the case of Royal Mail, taking the early profits on offer might be a wise move. This will be a question fielded by advisers for a while yet. Read the full story HERE.
The Mail on Sunday tackled the subject most nationals dare touch only once or twice a year: protection insurance. The Mail's stance, however, was positive, debunking as it did five 'myths' about protection cover. The biggest myth? That insurers rarely pay out on claims. This might be a good article to share with clients. Read the full story HERE.
Our weekly heads-up on articles your clients may have read over the weekend
A trivial matter
The Financial Times ran a piece on that little-known rule called 'trivial commutation', claiming advisers are reporting a rise in people willing to lose a portion of their funds in return for a taxable lump sum. The piece may spark calls from prospective clients with small pots. Read the full story HERE (subscription).
The Independent also tackled pension income at the weekend, but ventured down the better-worn path of shopping around for a better annuity deal. Its tack appearedto be figures from MGM Advantage suggesting annuity rates are at a two-year high. Read the full story HERE.
Pension savers need to engage with their retirement options far earlier than is currently normal to ensure they save enough through their lifetime, according to a report from the Association of British Insurers (ABI).
The majority of financial advisers (85%) believe the number of self-invested personal pension (SIPP) providers will continue to fall in the coming year, according to Dentons Pension Management research.
Short-term noise or something sinister?
Royal ascent in May
Bought platform for £31m in 2016