FINANCIAL NEWS

Investment bonds

Exploring why they are an attractive option to mass-affluent investors

Onshore investment bonds appeal to investors for their lower risk profile and contribution to a diversified portfolio. Many investors have traditionally favoured a portfolio allocation of 60% equities and 40% bonds. This approach capitalises on the differing performances of these asset classes across varying economic climates—a particularly advantageous feature during periods of market volatility.
Continue reading “Investment bonds”

Investment trusts

Utilised to acquire a diverse array of shares and assets

When considering investment options, one intriguing avenue is the investment trust. As a form of public limited company, investment trusts gather capital by issuing shares to investors. This pooled capital is then utilised to acquire a diverse array of shares and assets, with each trust pursuing distinct objectives and containing a varied investment mix.
Continue reading “Investment trusts”

Individual Savings Accounts (ISAs)

Safeguarding your interest, dividends, and capital gains from taxation

For UK residents, one of the most effective ways to minimise tax on investment returns is through an Individual Savings Account (ISA). These accounts are a ‘tax-efficient wrapper’, safeguarding your interest, dividends, and capital gains from taxation. Whether your financial goals are short-term or long-term, ISAs can provide the flexibility and security you need.
Continue reading “Individual Savings Accounts (ISAs)”

Adjusting your investment portfolio with age

Is your asset allocation aligned with your risk tolerance?

Your retirement portfolio is the backbone of your financial security, ensuring a comfortable lifestyle during your golden years. For those with substantial savings, the dream of living off the returns without touching the principal is achievable. However, many retirees will eventually need to dip into their funds, making effective management crucial.
Continue reading “Adjusting your investment portfolio with age”

The future of retirement

Experiences of the past and potential future scenarios

The latest research reveals a significant disparity in perceptions regarding retirement experiences of the past and potential future scenarios. Over the past 50 years, a ‘hard stop’ or ‘transitional’ retirement has been the predominant way people have transitioned into retirement. A ‘hard stop’ refers to an abrupt end to working life, while a ‘transitional’ retirement involves gradually reducing working hours.
Continue reading “The future of retirement”

The cost of early withdrawal from your pension

How retirees are impacting their financial future by accessing pension pots too soon

More than three-quarters (78%) of retirees have already dipped into their pension pots by the time they retire, according to recent data[1]. Of these, more than half (52%) withdraw funds five years before their Selected Retirement Age (SRA), with 21% opting to start taking out funds nine to ten years before they retire.
Continue reading “The cost of early withdrawal from your pension”

Pension scams on the rise

Protect your savings! 7.3 million UK adults encountered an attempted scam in the past year

Around 7.3 million UK adults, or one in seven, encountered an attempted pension scam in the past year. Alarmingly, 14% were targeted through unsolicited calls, texts or emails, according to recent research, illustrating the aggressive tactics employed by scammers. This concerning trend has prompted a closer examination of the vulnerabilities within the pension system, especially as scammers become increasingly sophisticated in their approaches.
Continue reading “Pension scams on the rise”

Mastering financial planning

Essential tips for mothers balancing family and finances

Balancing the many responsibilities of motherhood can be overwhelming, often pushing long-term financial planning onto the back burner. However, effective financial planning is essential for everyone, and as a mother, you face unique challenges that require extra attention. Here are some key financial planning steps to help you take control and secure your family’s future.
Continue reading “Mastering financial planning”

Navigating the complexities of inheritance

Should you consider estate planning and gifting for future generations?

As we age or accumulate more wealth, protecting and preserving our assets for future generations becomes increasingly essential. This process, known as Inheritance Tax (IHT) planning, estate planning or intergenerational wealth planning, involves strategically managing your estate to minimise tax liabilities and ensure that your wealth is passed down to your loved ones in the most tax-efficient manner possible.
Continue reading “Navigating the complexities of inheritance”

Autumn Budget Statement 2024

What it could mean for your finances

On 30 October, Chancellor of the Exchequer Rachel Reeves will deliver the Autumn Budget Statement 2024, accompanied by a comprehensive fiscal statement from the Office for Budget Responsibility (OBR). This significant event comes as the new government, elected to boost economic stability and growth, takes its first important step in addressing the nation’s financial health.
Continue reading “Autumn Budget Statement 2024”

Contact us

D O'Kane Financial Services Ltd
137 High Street
Gorleston, Great Yarmouth
Norfolk NR31 6QX

t: 01493 604646
e: info@dokanefinancialservices.co.uk

Regulatory information

D O'Kane Financial Services Limited is authorised and regulated by the Financial Conduct Authority. FCA financial services reg no. 623871.

The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on their website at www.financial-ombudsman.org.uk.

Registered Office Address: 137 High Street, Gorleston, Great Yarmouth, Norfolk NR31 6QX. Company Registration Number: 08932631.