Securing your family’s financial future

Having children has never been more expensive. The costs associated with raising a family are set to remain a pressure point for families across the UK but seeing the cost of raising a child in its entirety can help people think about how to secure their family’s financial future should anything unexpected happen. Please contact Tony Lloyd or Michael O’Sullivan on 020 8941 9779 for further information.

Making the most of every available tax-planning opportunity

Making the most of every available tax-planning opportunity

No one likes to pay more tax than they have to but one of the challenges of holding wealth is the high taxation it attracts.  With real-terms tax increases the prospect for the foreseeable future, the pressure is on to make the most of every available tax-planning opportunity.  With the end of the tax year fast approaching on 5 April 2014, sorting out your finances now is vital.

To discuss the options available, please contact either Tony Lloyd or Michael O’Sullivan on 020 8941 9779.

Cashing in on Alternatives in 2014

Cashing in on Alternatives in 2014

The investment world is changing rapidly and many investors are holding cash to keep their money safe. But with interest rates held at historically low levels, and even low rates of inflation capable of reducing your long-term purchasing power, keeping too much cash may not help you achieve your financial goals.

If you are ready to take on more risk and step out of cash in search of higher returns, it is essential to obtain professional financial advice. To discuss the options available to you, please contact either Tony Lloyd or Michael O’Sullivan on 020 8941 9779.

Gifts of the Financial Variety

Gifts of the Financial Variety

With the festive season almost upon us, have you considered giving your grandchild or grandchildren a present that can help their financial future?
UK tax laws allow children to receive pension contributions of up to £3,600 a year from the moment they are born. Opening a pension for your grandchild or grandchildren could significantly improve the amount they eventually inherit. With both tax and estate planning benefits, together with the prospect of giving them financial independence in their retirement years, this really could be the most valuable gift you ever make to them. To discuss this and any other retirement planning concerns you may have, please contact Michael O’Sullivan or Tony Lloyd on 020 8941 9779.

Happy ISA New Year

This tax year you can shelter up to £11,280 from tax by investing in
an Individual Savings Account (ISA). During his Autumn Statement
last December, the Chancellor, George Osborne, announced plans to
increase the ISA limit to £11,520 from 6 April this year. If you haven’t already used up your full ISA allowance
you can’t retrospectively make up any unused shortfall
later – it’s lost forever. Contact Tony Lloyd on 0208 941 9779 to dicuss your options.

EU lawmakers change annuities for good

From 21 December 2012, providers will no longer be able to use gender as a factor when determining annuity rates offered to individuals. Annuity providers currently assume that males generally have shorter life expectancies than females. This is the reason that males are normally offered better annuity rates than females. In future, males and females must be provided with the same annuity rates. This means that annuity rates are likely to fall for males, but could improve for females. If you are near retirement find out how this will affect you by calling Michael O’Sullivan on 0208 941 9779.

Are you cheerful or fearful?

Where to invest your money now to cash in on recovery or fresh disaster

At Lloyd O’Sullivan Financial Services we understand that the world teeming with opportunity or full of danger right now? For shrewd investors, the answer, of course, is both – and if you make the right calls, you can expect to profit. There’s no avoiding it: investing and risk go hand-in-hand. The truth is that understanding risk is less risky than not investing at all. Continue reading…

Could you boost your child’s inheritance by thousands?

You need to take action whilst you’re still alive

Parents could boost the value of their children’s inheritance by thousands of pounds if they start to take action whilst they are still alive. Something as simple as using surplus pension income to contribute into a pension for their children can make a significant difference to the value of the inheritance they leave behind. Call Tony Lloyd for more information on 0208 941 9779.

People don’t plan to fail, but they do fail to plan

What financial New Year’s resolutions will you make?

There’s a saying that goes, ‘people don’t plan to fail, but they do fail to plan’. In the run up to Christmas this is the perfect time to review your financial goals for the start of the New Year. Setting financial goals is all about starting with the end in mind – thinking about the outcomes you are hoping for. If you are clear about what you are trying to achieve it will help you to make good investment decisions.

Continue reading…