The average stocks and share ISA provided a return of 6.92% over the past 12 months – well down on the 13.55% seen in the previous 12 months. Research by data provider Moneyfacts found that between February 2021 and February 2021 the average equity-based ISA made just under 7%, comfortably above inflation. While this was […]
Archives for 2022
Weekend Reading for Financial Planners (Feb 19-20)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that, according to population and moving data with increased relocations during the pandemic’s era of remote work, the states that lost the most population in 2021 were those with the highest personal income tax rates (and […]
Avantax client assets climb to close out 2021
Third of over-55s turning to equity release
Just under a third (30%) of over-55s with a defined contribution pension plan to release equity from their home to help fund retirement plans. Those on higher incomes were more likely to include equity release in their retirement planning. Over a third (35%) of over-55s surveyed by Canada Life on an income of over £50,000 […]
Third of over-55s turning to equity release
Just under a third (30%) of over-55s with a defined contribution pension plan to release equity from their home to help fund retirement plans. Those on higher incomes were more likely to include equity release in their retirement planning. Over a third (35%) of over-55s surveyed by Canada Life on an income of over £50,000 […]
Liontrust’s Roberts to retire after 34yr fund career
Liontrust’s David Roberts is to retire from fund management in August following a 34-year career managing fixed income funds. He joined Liontrust in January 2018 from Kames Capital to create the investment managers fixed income team. Mr Roberts currently co-manages the Liontrust Strategic Bond, GF Strategic Bond and GF Absolute Return Bond Funds. He has […]
LV= makes payment break option permanent
Protection provider LV= has made its payment break option permanent. The break option was introduced at the start of the Coronavirus pandemic in April 2020. The payment break has been made permanently open to vulnerable customers. Eligible members unable to pay their premiums can apply for a payment break for a maximum of three months. […]
How to Keep Track of Business Expenses for Taxes
Tracking business expenses can be tedious. Without proper attention and strategy, small business owners can quickly fall behind in keeping their financial records up to date. Tracking your business expenses allows business owners to easily see the whole picture of their business’s finances. Accurate bookkeeping will allow business owners to predict when they’ll break even, […]
How to Keep Track of Business Expenses for Taxes
Tracking business expenses can be tedious. Without proper attention and strategy, small business owners can quickly fall behind in keeping their financial records up to date. Tracking your business expenses allows business owners to easily see the whole picture of their business’s finances. Accurate bookkeeping will allow business owners to predict when they’ll break even, […]
Forms 1099-NEC and W-9 explained
Are you feeling unsure about how to fill out Forms 1099-NEC and W-9? When the time of the year rolls around to prepare these forms, you might struggle to remember how exactly to go about it. In this article, I’ll explain how to fill out Forms 1099-NEC and W-9. Form 1099-NEC for Non-Employee Compensation Non-employee […]