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ePORTFOLIO
Delivering up-to-date information about
your assets in real time. Our ePortfolio
service provides the information to take
advantage of changes in both worldwide
financial markets and minimise the
taxation of your financial assets.
Women – Changes to your State Retirement Age
Those particularly disadvantaged by the changes are women born in 1953 and 1954, who have seen their state pension age rise by up to 18 months.
The state pension age for women was due to rise from 60 to 65 between 2010 and 2020 but the Government decided to speed up the process in 2011. As a result the state pension age for women is due to go up to 65 in November 2018 and then to 66 by October 2020.
Critics of the accelerated equalisation believe it is unfair on women who were born in the 1950s.
If you fall into this category, you will need to rethink your retirement plans at relatively short notice and we would advise that you talk to us at Johnson Gibbs. We can review your current pension planning and advise you as to the potential shortfall, if it exists and devise a plan to eliminate the gap.
The debate was triggered after an online petition for fair transitional arrangements secured over 100,000 signatures: https://petition.parliament.uk/petitions/110776
Investment Focus – Healthcare
This year has started with the sad loss of several much loved people in the public eye. David Bowie, Terry Wogan and Alan Rickman but to name a few. Sadly many more people suffer from the same and similar conditions.
The Healthcare Investment Sector continues to provide financial support in the form of investment that will one day enable medical research provide the answers to Cancer and many other life threatening disorders, in the form of drugs and new treatments.
We remain positive about the opportunities that this presents for investors that are interested in investing in this sector.
For further information please contact us at Johnson Gibbs to benefit from our investment experience.
Latest news
- State Pension Equality From the 6th of November, Men and Women in the UK will begin to qualify for their state pensions at the same age, currently 65. This is a significant change, from now on, men and women will see their state … Find out more
- 2018 Budget – Personal Taxation Summary Personal Taxation The personal allowance threshold, the rate at which people start paying income tax at 20%, is to rise from £11,850 to £12,500 in April – a year earlier than originally planned. The higher rate income tax threshold, the … Find out more
- Pensions Tax Relief.. Pension tax relief could be changed in the Budget on October 29th. The Chancellor Phillip Hammond in under pressure to find ways of raising addition revenue and Pension tax relief, especially higher tax relief could be the target for a … Find out more