June 23 2008
Mortgage Broker Offers New Equity Release Advice Service
Norwich-based independent financial adviser, Alan Boswell Group, has expanded its mortgage advice services, by offering advice on equity release schemes...
June 20 2008
Broker Secures Hotel Insurance Deal with Ramada Encore
The Alan Boswell Group, one of the UK's leading regional insurance brokers, has secured a deal with New World Hotel Operations to provide insurance for...
June 16 2008
Expanding Insurance Broker to open further Norwich Office
Norwich-based insurance broker and independent financial adviser, Alan Boswell Group, is to expand with an additional branch office in its home city.
A...
Pensions Brought Closer to Home
Author: John Pullin, 19 January 2005.
Alan Boswell & Company (ABCO), the financial services division of the Alan Boswell Group is highlighting to clients the opportunities arising from forthcoming changes in pensions legislation.
Gary Steward, MD of ABCO explains more:
"From April 2006 there will be new opportunities for investing in residential property as part of a pension fund. These changes have the potential to allow you to:
- increase your property portfolio at a 40% discount
- avoid capital gains tax and inheritance tax on any properties you purchase
- remove income tax from your rental income
- pass on assets to the next generation without tax penalities
"Clients will be able to protect some of their profits from the tax man and this could have a huge impact on the wealth accumulated for retirement."
"As an example, you could purchase a property for £200,000 with the taxman happily paying £80,000 of the bill!"
Gary points out that people shouldn't sit back and wait for these changes to come into effect:
"It's important that people start building up a pension fund now."
Alan Boswell Insurance Brokers Limited, Alan Boswell Insurance Services Limited and Alan Boswell & Company Limited are authorised and regulated by the
Financial Services Authority.
