THE FINANCIAL BLOG FROM ANDREW BRAMLEY
Blog
Financial news and business views brought to you by the team at Andrew Bramley Ltd
Getting his affairs in order; a case study
We were introduced to a retired GP and his wife by an accountant about three years ago. Over many years the GP...
When a potential client comes to us…
People come to us because they have an issue or a problem of some kind. They don’t often come to...
The Most Philanthropic Retirements of All Time
Viola Ausherman Viola Ausherman was a retired primary teacher. She taught in Rothsay, Granite Falls, Detroit Lakes and...
What You Need to Ask Before Buying a Home
Starting the home buying process can be like taking a crash course in a different language, especially if you’ve never bought before. There are so many unique variables and possibilities, it’s almost impossible to have a complete grasp on the intricacies of the real...
Getting married? Ask your partner these 25 questions about money
Differences over finances are one of the most common issues that lead couples to split up. So make sure you and your future spouse are on the same page using this premarital checklist for financial harmony. Differences over finances are one of the most common issues...
Retirement planning: How to plan for retirement
Where to begin Retirement is a chance to do more of what you enjoy. When it comes to planning for your retirement, you need to think about what you’d like your life to be like. Do you want to move to a new area? Go on holidays? Run a car? Have evenings out? All of...
What should I do with my pension pot at retirement?
After you’ve retired, your main source of income will most likely be from pensions. By now you should have built up one or more work or personal pensions, which you can access flexibly from the age of 55. How you do this will require careful planning, as this money...
How to make the most of your retirement?
Get your finances in order Organise your money so you can work out what you’ll have to live on. Gradually reducing your spending in the lead up to retirement will make it easier to adjust. Track down any old pensions, claim your state pension and check what...
The Most Exciting Retirements Of All Time
Most people don't want to retire for fear of not knowing what to do, but it doesn't have to be this way. Here are 5 real retirement stories that can change your perspective on retirement. Joe and Karen Stermitz A couple in their 60s took a risky, yet simple decision....
7 Things to expect from a good financial adviser
There are many areas where a professional Independent Financial Adviser can help and add value for a client. We have set out a few below. Good Listener It is essential that an adviser understands your concerns and what your objectives are, those being short,...
Should I put spare money into a pension or an ISA?
Pensions and ISA's work differently, each with their own set of rules. But both are tax-efficient ways to save for retirement. So, how do you know which account to put your spare money into? We have explained ISA's and Pensions to help you figure out what suits you. ...
British taxes: a guide to the UK tax system
A tax is a compulsory financial charge imposed on a taxpayer by a governmental organisation to fund government spending and various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law. The British tax system...
7 Questions you should ask when you hire a financial advisor
Whether you’re just starting your career, nearing retirement or somewhere in between, a financial advisor can help you navigate important decisions about your money. Financial advisors come with an array of backgrounds, so it’s important to know how to choose the...
Why do I need a Financial Advisor?
Most people are likely to need financial advice at least once in their lives. A large number will benefit from seeking advice on several occasions, and a few will do so regularly. So how can you work out what your own advice needs maybe? And how do you know when it’s...
Later life planning
Why plan? Your retirement may last more than half as long as your whole career. And like your career, it will go through different stages, so you should plan carefully for these. You may notice little difference in the early years of your retirement, other than having...
Should I Speak to a Financial Advisor Before Changing Jobs?
New year, new job. Right? But before you make your next career move there’s one person you should speak to first: a financial advisor. A career transition could mean a pause in your income or an unforeseen unemployment gap. To ensure bills are paid and your savings...
What is a pension?
A pension is the most popular way to save up money to support yourself when you retire. The main benefit of a pension is that your contributions receive tax relief from the government. Essentially, this adds a large chunk of extra money on top of everything you pay...
Case study #1: A Final Salary Scheme Pension Transfer
About three years ago we were referred to a client, Mr A, who was very poorly. He was only young, in his early fifties, but sadly, he was terminally ill. Mr A had a final salary pension (also known as a ‘defined benefits scheme’). He was too young to take the benefits...
Lump Sums and What to Do
At different points in life people may come into a large lump sum. The circumstances can vary a lot. It could be an inheritance – one that was possibly anticipated, though sometimes not. It could be through the sale of a...
Getting to Know Our Clients
The vast majority of our clients are retired people or people just about to retire. We can count on two hands, almost, the number of clients we have under the age of forty. The fifty-five and above group is really our key demographic, and...
Have you utilized your full ISA allowance?
April 5th is the end of the tax year for individuals. And while end of tax year considerations are more something that businesses need to think about (and their business end of tax year can be at any time) there is one...
Case study #2: Still Working, But Want to Draw Your Pension?
We had a client, Ms B, in her sixties and nearing retirement. She was planning to retire to Spain and wanted to get her pension plans sorted out, tidied-up, amalgamated etc. She had a number of pensions with different...
Case study #3: Switching Pension Providers at the Right Time
Mr C has been a client for some years. He has some medical issues which are pertinent to how his pension should have ideally been structured. He has a low attitude to risk and in discussing his pension...
Case study #4: Keep an Eye on Those Management Fees…
Mrs D had changed jobs a few times. She also had a period out of work in her early thirties when she was raising two young children. Consequently, there was quite a lot for us to look at when Mrs D became a client a few...
Chartered Status
We are very pleased to announce that in June 2016 Andrew Bramley Limited achieve Chartered Financial Planner status. This has enabled us to demonstrate our professional commitment to raising standards of knowledge, capability and ethical practice. In total there are...
Meeting Room Available
Within the offices at 52 Highfield Road West Bridgford, Andrew Bramley has a fully equipped meeting/conference room available for hire by clients and any associated businesses. The room is large enough to accommodate 8- 10 people and has a kitchen facility for the...
Pensions Advice Forum
As a direct response to the current plethora of advice, marketing and promotional activity relating to personal pension provision and with a multitude of options and revisions available to the individual, Andrew Bramley has the relevant experience to provide an...