finance

/Tag:finance

2015 Budget Summary

Is Britain walking tall again? The chancellor claims it is. This was one of many announcements made as he embarked upon his sixth budget speech. Growth is now forecast to rise to 2.5 per cent this year and 2.3 per cent in 2016, he said. As such, borrowing estimates were lowered. Here at WPS Financial [...]

The New Pension Flexibility From April 2015: The Detail Explained.

Last month HMRC published the ‘Draft Guidance’ on the pension flexibility that is being introduced from the 6th of April 2015. It runs no fewer than 38 pages, confirming that once again (sadly) there is no such thing as simplicity in pensions. The full guidance can be found at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/344685/Annex_D_Flexibility_15_Guidance.pdf Defined Contribution Schemes only As [...]

2014-10-20T11:50:38+00:00 October 20th, 2014|Categories: Pensions, Uncategorized|Tags: , , , , , , , , , , , , |0 Comments

WPS and Ospreys team up again

A LEADING WELSH PENSIONS AND INVESTMENT SPECIALIST HAS REAFFIRMED ITS COMMITMENT TO THE OSPREYS, AGREEING A NEW COMMERCIAL DEAL THAT WILL SEE ITS LOGO FEATURE ON THE PLAYING STRIP FOR 2014/15. The logo of WPS Financial Group, which employs 26 people across offices in Swansea and Cardiff and looks after 2,400 clients with over £247 [...]

4 reasons to buy life assurance

The death of a loved one can mean extreme upset and turmoil to family life. Should this unfortunate event happen, life assurance can remove any immediate financial worries for your family. Life assurance is designed to provide for your financial dependents in the event of your death. There are many reasons that life assurance may [...]

SIP Wealth Management sponsors young soccer prospect

A local young footballer has thanked a local firm of independent financial advisers for helping him achieve his dream – of representing Wales. SIP Wealth Management, a specialist practice of Independent Financial Advisers with branches in Mumbles and Swansea, has sponsored Jesse Howes, a 16-year old student and promising footballer from Gowerton Comprehensive School, for [...]

2014-06-30T13:38:49+00:00 June 4th, 2014|Categories: News, Uncategorized|Tags: , , , , , , , , , , |Comments Off on SIP Wealth Management sponsors young soccer prospect

With (pension) power comes responsibility

Many have welcomed the UK government’s recent changes to pension rules which, in a nutshell, make pension funds more accessible and empower individuals to make their own choices about how they invest or spend their hard-earned funds. Once thoughts of lavish holidays and new cars, which might suddenly seem affordable, have passed, we are finding [...]

The big pension questions answered

For all the hype around pensioners’ ‘right to buy a Lamborghini’ some of the more important elements of the 2014 budget may have been lost. Here, Jon Francis, director of SIP Wealth Management, cuts through the hype and identifies the key things everyone with a pension needs to know. This year’s budget will greatly enhance [...]

Step-by-step SIPPS

Self-invested personal pension funds (SIPPs) are a rapidly growing but still often misunderstood concept within the world of pensions. Yet they are a fantastic innovation that can be used to easily and legitimately invest in a wide range of commercial ventures, boosting the value of that fund. Individuals especially within the business world may be [...]

2015-03-02T17:04:41+00:00 January 10th, 2014|Categories: Pensions|Tags: , , , , , , , , , |0 Comments

SIP Wealth Management warns on pension changes

SIP Wealth Management, the Swansea-based Chartered Financial Advisers that is part of the WPS Financial Group, has warned diligent pension savers to take action now to avoid being caught by changes to the lifetime allowance on pensions that could leave them with a hefty tax bill. From April 2014, the UK government is reducing the [...]

2015-03-02T16:45:09+00:00 November 19th, 2013|Categories: News, Pensions|Tags: , , , , , , , |0 Comments