Economic Review – October 2017

Economic Review – October 2017

Welcome to the latest edition of the Economic Review, this article is designed to keep you informed about general updates in the financial sector.

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The Importance Of Good Pension Advice

The Importance Of Good Pension Advice

Good advice can be invaluable and when it comes to pensions, getting the right advice at the right stage in your life can make all the difference to the degree of comfort in which you spend your retirement.  Fortunately the government has recognized this and since April this year it has been possible to withdraw £500 per (tax) year from pension pots (defined contribution or hybrid) without any tax liability as long as it is used for the purpose of paying for pension advice.

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DIY Disasters

DIY Disasters

A quick internet search on the term “DIY” will bring up countless results ranging from making your own gifts, to customising shop-bought products, to traditional home-improvement jobs.  These last are often the source of comedy gold (think of the programme Home Improvement), but they can have serious consequences if they go wrong.  Here are five points to consider before you decide whether or not to go down the DIY route or call in the professionals.

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Britain’s Best Lenders – Mum & Dad

Britain’s Best Lenders – Mum & Dad

The days of 100% mortgages are unlikely to return any time soon.  Quite the opposite, in the current climate, it’s a case of “the bigger the better”, where deposits are concerned.  While it may be the purchaser who hands over the deposit, many first-time buyers are turning to the bank of mum and dad for help to get on the housing ladder.  This, however, impacts on the financial health of the parents in question.  With this in mind, here are three points to consider on the topic.

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