Five alarming retirement statistics

By |October 28th, 2015|

While some are keen to secure a retirement plan in place at a relatively early age, many Leeds and Yorkshire-based workers go into their senior years largely unprepared for what is to come.

The financial adviser team here at Heritage Wealth Solutions was further made aware of this recently after reading the Income Reality Survey Report […]

What have we learnt in the first six months of pension freedoms

By |October 8th, 2015|

Earlier this year the Government announced the most radical changes to pensions in more than 100 years. The new reform, pension freedoms, means that people are now able to release funds from their savings when they turn 55, taking as much or as little as they want at a time.

Following the reforms, the Association of […]

Three simple ways of managing your finances

By |September 17th, 2015|

The Chartered Financial Planner team here at Heritage Wealth Solutions advises both Leeds and Yorkshire-based clients on all aspects of their finances.

While our experience, knowledge and skill allows us to forecast accurate projections and formulate a structured plan, we are more than happy to point out that there are ways of people making things easier […]

Why UK banks can’t compete against National Savings

By |September 11th, 2015|

Recent figures from National Savings & Investments (NS&I) has suggested that savers up and down the country, even here in Yorkshire, added more than £13 billion into pensioners bonds in just a few weeks.

The staggering amount, which came from a sudden surge of savers, saw people up and down the country paying nearly two-thirds above […]

Inheritance tax changes explained

By |August 5th, 2015|

As Leeds-based financial advisers, the team here at Heritage Wealth Solutions are constantly keeping ourselves up-to-date with all of the latest finance news.

We were, of course, keenly monitoring the Summer Budget presented by Chancellor George Osborne earlier this month – particularly his plans to raise the inheritance tax threshold from £325,000 per person to £500,000.

What […]

Pension Freedoms

By |February 18th, 2015|

Pension Freedoms – Avoid the Traps!

In his March 2014 Budget, The Chancellor ripped up the rule book making pensions significantly more attractive. People are to be trusted to do what they like with their personal pensions, although it is important to remember pensions are still to fund retirement.

From April 2015, investors will have freedom over […]

Upheaval in European Financial Markets as SNB Remove Currency Cap

By |February 3rd, 2015|

There has been plenty of upheaval in the European economy recently, and a fresh announcement by the Swiss National Bank has caused even more of a challenge to the financial markets.

The bank recently announced it would no longer be using the currency ceiling that was first introduced during the recent Eurozone crisis. In a press release, […]

New Over 65 Bonds

By |February 3rd, 2015|

It can often be difficult for older people to find a financial product they can invest in and that can give a good return on their savings. For this reason, National Savings and Investments recently introduced a guaranteed growth bond for people in the UK aged 65 or over. The bond has already proved hugely […]

Government Pension Guidance Service Under Pressure

By |February 2nd, 2015|

There are concerns over the government’s pension guidance service. As reports, there are worries the service could face collapse due to the high demand that it will face, and there are some concerns over the quality of information that people using the service will be given.

The government’s pension guidance guarantee was first announced in […]