The site for Paraplanners and Paraplanning in the UK
From the monthly archives:
This weeks poll looks at the popularity of the various software tools available for financial planning. We are looking here primarily about lifetime cash flow forecasts and shortfall analysis. I have used all of the tools shown in the poll and have my own views on the pros and cons of each which [...]
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It has now been confirmed that some of the previously expected changes to PEPs and ISAs will take effect from 6 April 2008.
Changes to PEPs
New contributions into PEPs were stopped when the Labour Government introduced ISAs in 1999. Funds still in PEPs retain their tax privileges and it is still possible to move money [...]
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We are pleased to announce the addition of a forum to the site – you can get to it by clicking here or by the link on the navigation bar. The forum is designed to be an area for discussion on any topic related to paraplanning and financial services in general. Once you [...]
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Truth is the financial planning part of the Prestwood software system which has been ‘re-packaged’ and launched by Paul Armson. I attended a demonstration and workshop given by Paul where I met Mike Linksey of Fincision. Mike has posted a thorough review of the software on his site which I have reproduced below.
I’ve [...]
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Although the new tax year does not commence until 6 April, with the next Budget due on 12 March, there are already a number of changes which will take effect.
Some changes are quite dramatic, such as changes to Capital Gains Tax with the new 18% flat rate. There has been some softening [...]
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Rates were cut today as expected by the Bank of England although in a more reserved fashion when compared with the Fed. See more on this on the BBC here.
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As a paraplanner it is very difficult to have any direct influence on a client. In many respects paraplanners can be seen as one of numerous resources available to advisers in order for them to provide the best possible solution they can for their clients – it is, however, vitally important that advisers have the [...]
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Not a day seems to go by without news of another property fund imposing restrictions on investors wishing to withdraw their money. The latest position for some of the more popular funds as as follows:
Aegon Scottish Equitable – Withdrawals delayed for up to 12 months.
Clerical Medical – Fund revalued down by 13%.
Friends Provident – [...]
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This is a very good article on the short history of REITs, the problems experienced by a market that has long been favoured by advisers and an indication that things may not be looking up, but may stop getting worse! The article is from Interactive Investor and can be seen in full here.
There are [...]
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Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each. The villagers seeing that there were many monkeys around, went out to the forest, and started catching them.
The man bought thousands at $10 and as supply started to diminish, the villagers [...]
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