The Official Blog of Trevor Downing
The Blog hub for Trevor Downing Financial Management, based in the heart of Kent. Here, you can access the latest market analysis and comprehensive financial planning guides. Stay ahead of regulatory changes and gain the knowledge you need to achieve your personal financial objectives.
Pensions reforms in the March 2023 Budget
Overall the Budget of March 2023 seemed to be positive for pensions., with a series of big and encouraging headlines as to the changes announced. The major reform was the abolition of The Lifetime...
Rising inflation and rising interest rates. What can we do?
First, we always need to have a sufficient cash reserve to meet our immediate needs for known expenditure and for emergencies. For most of us, it is better to have this immediate cash reserve on...
Fiscal drag – what a devious and unfair way to subtly collect more tax.
Governments have used this fiscal drag opportunity for more than 50 years. Some of you, rather like me, will remember luncheon vouchers. Incredibly, when I first started work, I was given 15p...
Tax Efficient Wills
When I read this morning that attempts to block Probate had risen to a record level in England last year it reminded me of the importance of ensuring that Wills are correctly written to achieve your...
Higher rate tax relief on pension contributions and dividend income. Is that possible?
It certainly is but only in certain circumstances. Investment income such as rental profits, dividend income or savings income are excluded when calculating how much you can pay into a pension...
Forgotten investments, lost accounts and unclaimed assets
Are you sure you know about all of your investments that you and your family have held in your lifetime? None you may have forgotten? You may be entitled to some of the £50 billion of lost assets....
The considerable benefits of Investment Bonds
I find it interesting that we are fully expected to take advantage of tax wrappers which are approved by HMRC such as using our personal allowances, personal savings allowance, Individual Savings...
More thoughts and examples on Equity Release
I set out below two examples from my colleague Simon Harrison of a case where a lady was able to use Equity Release to help secure the ideal property. This lady would not have been able to achieve...
Back to the 1970s, a reality check
Network Rail strike, inflation and interest rates rising sharply and a general nervousness about our investments with fluctuating share prices and a war in Ukraine. That perhaps makes some of us...
A Happy Referral
It is so satisfying that existing clients refer people to us as they are so happy with the advice they have been given on planning their future. One gentleman was referred to me only a few days ago,...
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Trevor Downing IFA is a Trading Style of Trevor Downing Financial Management (IFA) Limited. Trevor Downing Financial Management (IFA) Limited is authorised and regulated by the Financial Conduct Authority. Trevor Downing Financial Management (IFA) Limited is entered on the financial services register https://register.fca.org.uk/ under Firm Reference: 118176. Trevor Downing Financial Management (IFA) Limited is Registered in England at Companies House: 01829773
The information contained in this website ultimately relates to UK regulatory regime and is therefore restricted, and only relevant to consumers based in the UK.
Information contained on this website is not, and should not in itself be construed as, financial advice which can only be provided upon full appraisal and consideration of your individual circumstances.
If you wish to register a complaint, please write to: complaints@downingfm.co.uk . A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on requests and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at: https://www.financial-ombudsman.org.uk or on: 0800 023 4567.
The value of your investments can go down as well as up, so you could get back less than you invested.