Please find below our Budget 2017 summary, which details changes that may impact you.

Budget 2017 Summary   The Minister for Finance and the Minster for Public Expenditure and Reform delivered the Budget 2017 on 11 October 2016, first budget under the minority Government, against what is arguably the most favorable economic and fiscal backdrop in a number of years. Notwithstanding this fact, it is also true to say […]

Time is running out on pre-retirement access to AVCs

The Finance Bill 2013 opened up a 3-year window of opportunity from 27 March 2013 (i.e. the date of passing of Finance Act 2013) during which members of occupational pension schemes could opt (by making an irrevocable written instruction to their pension fund administrator) to draw down, on a once-off basis only, up to 30% […]

How To Know When To Get Out Of The Market

      Please see below a great article by Tim Maurer on the trade-offs investors face when choosing to stay invested in time of market turbulence.   Has the market’s recent volatility worried you? Me too. It’s inevitable. Apparently, it’s how we’re wired. But better understanding that wiring can give us a clear decision-making […]

UK State Pension ‘top up’ scheme

  UK State Pension ‘top up’ scheme From UK Department for Work and Pensions:   From the 12th October 2015, a new scheme is being launched in the UK helping anyone reaching State Pension age before 6 April 2016 to safeguard their long-term financial security. Men aged 65 or older and women aged 63 or […]

Budget 2016 Summary & Analysis

Budget 2016 Summary & Analysis   No change in pension tax relief limits Opportunity before Pay & File ROS deadline of the 12th of November (or 31st of October for others), to backdate personal pension contributions to 2014 and obtain tax relief at 41% (for higher rate taxpayers within the usual limits for 2014) instead […]

Markets Update: 25th August 2015

• Global equity markets have fallen -9.7% in local currency terms over the last four trading days to the close of markets on Monday 24th August. The fundamental cause of the fall in markets has been concern over the growth outlook in China and its possible implications for global growth while selling pressure has been […]

Greek update

The Emergency Liquidity Assistance funding that is keeping the Greek banks alive will end tomorrow and led to the huge cash withdrawals over the weekend while the Syriza government try to limit the damage with capital controls. No more than €60 per person from an ATM and over 500 of the 7,000 ATM’s now without […]

TAB Financial Services Ltd Budget 2015 Summary & Analysis

Pension levy to reduce to 0.15% for 2015 and then end The Minister has confirmed the commitment from last year to reduce the pension levy to 0.15% in 2015. The levy will effectively end at the 30th June 2015, i.e. the last valuation date for payment of the levy in 2015. Reduction in the top […]