October 2016 Newsletter
Autumn is here, a ‘season of mists and mellow fruitfulness,’ as Keats described it. We hope you’re enjoying the wonderful colours and glorious sunsets.
One new item on the financial scene has been the new five pound note, introduced by the Bank of England. The polymer note, 15% smaller than the old note, has been designed to last longer and be more environmentally friendly. One collector certainly struck lucky, selling three of the new notes with consecutive serial numbers for £460 the day after launch date!
Thinking of your own assets, harvest time is all about reaping what you’ve sown, so we’d always recommend having a regular financial health check to make sure your investments will give the greatest yield possible.
And with Halloween at the end of the month, don’t be ‘spooked’ by your finances; remember, we’re always here to answer any queries you may have.
In this months issue:
Worried About Cyber Crime?
Then read our Guide to Staying Safe Online. We recently attended a conference at Hertfordshire Police Headquarters about keeping your business safe online. We have put together a guide of what we learnt so you can be aware of what to look out for.
We have exciting news!
This year has been a busy one for KDW and our hard work hasn’t gone unnoticed! We have been shortlisted for two awards - ‘Online Innovator of the Year’ and ‘Employer of the Year’!
Three lessons about retirement from those who have already retired
Retirement is undoubtedly the section of your life which received the largest amount of planning for most people, with much of your working life spent ensuring you can live where and how you want once you’ve retired.
You have a financial plan, but do you have a financial plan b?
“The best laid schemes o’ mice an’ men, gang aft agley”. So said Robert Burns in his poem ‘To a Mouse’, lyrically summing up the idea that no matter how well we prepare, there are always factors beyond our control that can cause our ‘best laid’ plans to unravel.
Earning over £150,000? You need to review your pension. Here’s why.
If your annual income is above £150,000, then your pension allowance has been subject to tapering since April this year. For every £2 of income over £150,000, your £40,000 annual allowance is reduced by £1, with the reduction rounded down to the nearest whole pound if necessary.
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