What are Additional Permitted Subscriptions?

August 21, 2019

Making sure you know what is permitted for your financial planning is what working with an experienced IFA is all about. So knowing the detail of financial legislation is vital for financial planning. It would seem that currently thousands of bereaved people are missing out on Additional Permitted ISA subscriptions. But what are Additional Permitted Subscriptions? Back in 2015 when the governme... more >

Making the most of your pension – make sure you don’t cross tax brackets

August 19, 2019

Enable’s IFA’s work hard with clients to facilitate good financial planning to make sure that they put enough money away for their pensions. Having saved so hard and so efficiently it also makes sense to make the most of your pension as you draw on it. One of the most important things to do unless you can afford to is not to push yourself into a higher tax bracket by accident. When you are ... more >

Is the traditional way we buy homes changing?

August 15, 2019

Some argue that the traditional ways that we buy homes in the UK is changing. Some buyers are working very hard and only paying one set of Stamp Duty as they move along the property ladder. Enable’s IFAs in Bishop's Stortford have seen several clients “leapfrog” some of the more traditional rungs of the housing ladder and some say it is impacting the housing market. Stamp Duty has fallen ... more >

Equity release is growing in popularity

August 13, 2019

Enable’s experienced IFAs in Bishop's Stortford are being asked more and more about equity release as part of financial planning. Until recently it was mostly dismissed as a last resort for those without sufficient pensions, it is growing in popularity but beware it won't work for everyone. Data from equity release company Key found the average customer released over £77,000 worth of equity... more >

Is the internet putting your inheritance at risk?

August 6, 2019

Enable’s IFAs in Bishop's Stortford understand how useful the digital world is but is the internet putting your inheritance at risk? Some lawyers believe it might be and are warning our money could be lost forever because of family secrecy and outdated laws. The Money Advice Service estimates that there’s £850 million lying unclaimed in lost bank accounts, so much so that the Government to... more >

Tax-efficient pensions – 6 tips to maximise yours

August 4, 2019

Enable’s IFAs in Bishop’s Stortford are always looking for ways to help with financial planning. When it comes to pensions and savings, we all need to have some but it is also important to know how to spend efficiently. When it comes to drawing on your pension funds there are tax-efficient ways to withdraw your pension and other savings. The first thing to consider is the order in which you... more >

Pension mistakes – the biggest one is putting off starting a pension

July 30, 2019

It can be easy to make pension mistakes Enable’s experienced IFAs come across many people who see retirement as a long way off. But when it comes to financial planning and retirement planning one of the biggest mistakes people can make is to put off starting a pension. As long as you can afford it the sooner you start saving and regularly paying into and reviewing your pension pot, the easier... more >

Do you have enough money for your retirement?

July 29, 2019

Enable’s IFAs in Bishop’s Stortford want to help you make sure your money lasts in your retirement. For many, retirement can be as long as 30 years or more depending on when you retire and how long you live. So before you give up work you need to make sure that the sources of income you have created will provide you with enough money to live on for the whole of this retirement. Your income ... more >

Buy-to-let mortgages for landlords

July 25, 2019

If you are continuing to manage property as a landlord you will know how hard it has been recently with all the changes in property regulation. Enable’s experienced IFAs can see that some buy to let landlords have been underserved. So a new range of buy-to-let mortgages available to self-employed and older landlords with long-term fixed-rates and low deposits on the market has been good to see. ... more >

More women need to consider investing funds rather than saving

July 23, 2019

Enable’s IFAs in Bishop's Stortford know that money can still be a bit of a taboo subject for women and they are the poorer for it. One old adage sometimes heard in the financial sector goes that women save and men invest, perhaps this still rings true for some of us? The last year for which data is available suggests that 892,000 women invested in the government’s stocks and shares ISAs (w... more >