http://crfinancialservices.co.uk/money Mon, 19 Apr 2010 09:03:52 +0000 http://backend.userland.com/rss092 en Pension Changes. Good news! We are living longer, which is the good news. However, to make the most of it you need to think about how you are going to fund your retirement. The changes to the State Pension will help you get started - and they may mean more people ... http://crfinancialservices.co.uk/money/04/pension-changes/ Income Tax for discretionary trusts is rising by 25%. On April 6th this year, tax on income exceeding £150,000 will rise to 50% and for dividends to 42.5%.  It applies to all income trustees accumulate and distribute exceeding the trustees standard rate band of, normally, £1,000. This means tax on trust income ... http://crfinancialservices.co.uk/money/02/income-tax-for-discretionary-trusts/ If you need an Independent Financial Adviser in the Grimsby and N E Lincolnshire area specialising in pensions and investment, consider talking to C R Financial Services. Whether you are considering a personal pension, Self Invested Personal Pension (SIPP), Self Administered Pension (SSAS) please talk to us. If you are considering taking ... http://crfinancialservices.co.uk/money/10/independent-financial-adviser-grimsby-lincolnshire/ Imagine a company pension that gives full tax relief on large contributions for high earners.   Imagine a pension where you are in control of the investments.   Imagine a pension that can invest in most asset classes including houses and holiday homes.   Imagine a pension where there is no restriction on the amounts which ... http://crfinancialservices.co.uk/money/09/company-pension-that-gives-full-tax-relief-on-large-contributions-for-high-earners/ ISA Allowances after 2009 Budget The investment limit has gone up to £10,200 annually, of which a maximum of up to £5,100 can be saved in cash Please note that these higher limits will apply to people aged 50 and over from 6 October 2009, and then to everyone from 6 April ... http://crfinancialservices.co.uk/money/08/isa-allowance-and-tax-relief-on-pension-contributions/ COMPANY PENSION CONTRIBUTIONS FOR HIGH EARNERS POST BUDGET 2009 As is probably now well-understood, those earning more than £150,000 a year are now, broadly, subject to a "Special Annual Allowance Charge" to Income Tax on pension contributions above £20,000 a year (a recent Treasury Bulletin states this will be raised to ... http://crfinancialservices.co.uk/money/07/company-pension-contributions-for-high-earners-post-budget-2009/ With UK interest rates at levels that have not been seen in half a century, where are they heading? Further cuts are anticipated and there are some economists speculating that UK interest rates could fall as low as zero. So where does this place you regarding your unearned income?   If you ... http://crfinancialservices.co.uk/money/12/unearned-income-where-now/ A very flexible approved pension plan that saves more tax and preserves capital for future generations. Minimum current fund value or contribution of £500,000. Ask for details: brian@crfinancialservices.co.uk http://crfinancialservices.co.uk/money/09/preserve-pension-fund-whilst-saving-tax-on-income-and-death/ Do not be put off investing in pensions thinking that you might not get good value for money.  Your residual funds can be passed to your estate usually free of inheritance tax.  There are annuities that can have a remaining capital value for your estate.  These can take the form of ... http://crfinancialservices.co.uk/money/07/annuities-that-may-be-able-to-preserve-capital/