Monthly Archives: December 2016

It’s proving popular to cash in smaller amounts from pensions

Recent figures suggest that whilst the number of retirees choosing to cash in their pension pots has increased, the amount being withdrawn by them has gone down. When pension freedoms were first introduced, the average sum taken out was around £20,000. This has since reduced considerably to an average of £10,000 according to statistics from the tax …

December Market Commentary

Introduction Well, for the second time this year the pollsters and the bookmakers had it spectacularly wrong. First Brexit, now President-elect Donald J Trump. By 306 Electoral College votes to 232 the 70 year old billionaire overturned the predictions and beat Hillary Clinton. Yes, there is still the small matter of challenges to the result in three …