July 2016 Newsletter
The political and economic landscape is changing with increasing speed, after the electorate voted in favour of Leave in the EU Referendum at the end of June. Not a day goes by currently without another ‘unprecedented’ news story hitting the headlines and with the UK set to take some time over completing our ‘Brexit’, the situation seems destined to continue.
At least after the disappointment of the Euros for England, there has been some sporting success for the UK in July. Congratulations to Lewis Hamilton and Andy Murray for their ‘home turf’ victories this month.
With plenty more going on in the UK economy than is usual, we hope you find that our collection of articles this month continues to address your questions around personal finances, pensions, investments and the economy as a whole. We live in changing times, so please do get in touch with us directly if you wish to discuss any of these areas in more detail.
In this months issue:
Join KDW for Afternoon Tea
You are invited to join us on Thursday 8th September from 3pm – 8pm at Sopwell House, to catch up with our team and meet a selection of fund managers and policy providers while enjoying afternoon tea. We hope this day will provide a fantastic opportunity to find out more about all the services that KDW offer and have any financial planning questions answered - or simply a chance to pop in and say hello to the KDW team!
The EU Referendum
‘I declare that the total votes cast for Remain were 16,141,241. The total votes cast for Leave were 17,410,742.’
‘I will do everything I can as Prime Minister to steady the ship… but I do not think it would be right for me to be the Captain.’
Two announcements, coming little more than an hour apart, which together sent the UK political system and its economy into wholly uncharted waters and sent stock markets and currency markets around the globe into turmoil.
8 Tips & Tricks to getting your house sale ready
Whilst there are various factors affecting the amount of time it takes for the right buyer to put an offer in, many out of your control, you can make sure that your home is showcased so that prospective buyers see your home in its best possible light.
What is pension salary sacrifice and can you still do it?
A recent report in the Financial Times discussed the changes to pensions tax relief that could be on the horizon, one of which is the potential for pension salary sacrifice to be abolished by the government. But, unless you’re someone currently either offering or receiving salary sacrifice, it’s quite likely that you’re unaware of both what it is and why it might soon be axed.
A beginners guide to protection
It is important to think about what would happen if you suddenly found yourself unable to work; would you be able to pay your mortgage and bills? Or if you were to die would your dependents be able to continue living in the family home or maintain the same lifestyle?
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