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Insights from the Charles James team

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Budget 2015

Find your preferred live feed for today's budget announcements following the election of a Conservative government in May.

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Pensions and The Debt Cycle

Planning for retirement is important, however it extends much further than organising the best pension you can. It has recently been revealed that a worrying number of over 55s are approaching retirement with substantial debts still outstanding, which could drastically impact the amount of pension the individual has access to.

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Changes to Pension Tax Relief

With the announcement of the emergency budget on July 8th, there are expected to be many changes to a number of financial legislations. One expected change is to the way tax free allowance is structured. Pre-election, the Conservative manifesto included details about how high earners’ tax relief would be decreased in order to fund an inheritance tax allowance increase of up to £1 million. 

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Emergency Budget

George Osborne has set a date for an emergency budget. On July 8, key changes to financial structure and legislation will be made, as proposed in the Conservative manifesto.

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How to Budget Your Money

Setting up a savings account is one thing, but regularly paying into it is another. Getting into the habit of saving money is not easy, and even though you may start the month with the best of intentions, come the end of it there may be very little to put away.

So, how can you avoid overspending and ensure you have a healthy sum to put away regularly? Budget!

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What Does the Election Mean for Your Finances?

With the upcoming General Election, it may be time to think about your finances ahead of changes to current policies and legislation. As we get closer to the day, it is wise to read up on what a new government will mean for your savings and investments. With a hung parliament likely, some of the smaller parties may get chance to push through some of their policies which could come as  a surprise to some.

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