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Jonathan Beardmore
    • Jonathan Beardmore

    • Independent Financial Adviser
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Cash versus bonds, which is safer?

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Protecting and growing wealth is often one of the main objectives clients have. There are many investment opportunities out there that are described as ‘safe,’ but many individuals feel that cash is the safest option for them. Keeping your money...

What is the open banking revolution?

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Over a year and a half ago, a digital revolution introduced a new way for people to handle their money: open banking. All of a sudden at the touch of a button, you could compare household bills, control direct debts and track payments across each of your...

What does it take to retire early?

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The idea of retiring in your 50s or even your 40s sounds like a pipe-dream to most, what with the increased cost of living, inflation and other economic factors slowly eating away at your predicted earnings. This hasn’t stopped the rise of the FIRE...

Defined Contribution vs Defined Benefit- what's the difference and what's the trend?

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As defined contribution pension plans overtake defined benefit (in terms of money paid into schemes) for the first time ever, more and more people are taking an interest in how the two differ and the relationship between them. The Office of National...

How safe are your savings?

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With your capital tucked away in savings accounts, investments and mortgages, you’d assume that there is some kind of protection in place. But exactly how safe are your savings in the event of, for example, an authorised financial services firm going...

AE policy adds pensions for 10 million workers

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The Department for Work and Pensions has hit its target of bringing 10 million workers into occupational pensions, a year ahead of schedule. To give that figure a sense of perspective, 10 million is pretty much the entire population of Sweden. The final...

What does the disclosure of investment charges mean under Mifid II?

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Mifid II came into effect over a year ago on 3 January 2018. It’s an acronym for Markets in Financial Instruments Directive 2 and, at over 30,000 pages, it’s far from a bit of light reading. Mifid II was designed to offer more protection for...

5 key budget takeaways

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This year Chancellor Philip Hammond delivered his autumn budget a few weeks earlier than usual. Normally the budget is released in mid-November, but this year he gave the budget on 29 October. In the run up to Brexit, Hammond didn’t release any huge...

10 years on from Lehmans

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What has the financial services sector learnt? The financial crash after the Lehman Brothers collapse saw the biggest global monetary crisis since the end of WW2. It led to a lost economic decade for many – average...

Post Brexit trade uncertainty

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A difficult time for British exports For British companies who rely heavily on the E.U. export market, Brexit has been a nightmare, to say the least. Until recently, though, the full effects on British exporters have been unclear....

Can we make inheritance tax simpler?

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Inheritance tax (IHT) has existed in the UK for over 300 years. In its current form, it was brought in to replace the old Capital Transfer Tax; a measure that was brought in itself as a form of wealth distribution in order to regulate disparity between rich...

Are mini-bonds a good alternative to savings?

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You may have seen mini-bonds advertised, offering as much as 10% returns over reasonably short timeframes. Companies such as John Lewis, Hotel Chocolat and Naked Wines have famously employed them as a way of accruing debt-based funding. If you’re an...

Emerging markets: looking back on 2017 and forward on 2018

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2017 was a good year for Emerging Markets, which continued their recent strong run, keeping them on track to outperform Developed Markets in back-to-back years for the first time since 2009/10. Compared to 2016, which offered only marginal outperformance...

Time in the market, not timing the markets

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With markets around the world continuing to prove unpredictable as momentous financial and political events continue to unfold, it’s perhaps not a surprise that investors are increasingly concerned about when the ‘best time’ for them to...

New Year Resolutions for Your Finances

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After the festive season people are beginning to think about New Year resolutions, the usual boring issues relating to expanding waistlines, joining the gym, or even dry January. All of these are no solution to the underlying insecurity and problem that you...

Half of Britons expect young to be worse off than parents

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A recent survey by the think tank, the Resolution Foundation, has found that almost half (48%) of respondents expected people born between 1981 and 2000, categorised as millennials, to have a standard of life worse than their parents due to economic...

Don't Get Caught Out by the Lifetime Allowance Rule Change

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The total tax paid by those exceeding their lifetime pension allowance amounted to £36 million in 2014/15, climbing steeply from £20 million in 2014/15 and equating to an 80% rise. The figure has climbed in recent years from £12 million in...

Will interest rates ever rise?

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The deputy governor of the Bank of England has stated that the bank should not be tempted to increase interest rates due to “imponderables” within the UK economy. The comments from Ben Broadbent, an ally of the governor of the Bank of England,...

Is uncertainty becoming the new norm?

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No matter how often we might have heard soundbites such as ‘strong and stable’ and ‘Brexit means Brexit’ which are intended to reassure us, it seems that every major political event of the past twelve months has delivered an...

What does the current political climate mean for your savings

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Whilst the country takes in the latest developments in the ongoing saga that is contemporary British politics, one question that many will be looking for answers to, is how the result of the general election is likely to affect them financially. It’s...

Is buy-to-let no longer such a good deal?

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It wasn’t all that long ago that investment in buy-to-let property was seen as a straightforward way to generate an income for yourself. However, recent changes made by the government mean that turning a profit through buy-to-let in today’s...

What financial wellbeing means for your health

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The latest Financial Wellness Index has revealed that people with very little savings and those who are struggling to pay their bills are also those who are suffering from poor health. Conversely, those enjoying good health are more likely to experience a...

Budget Statement - March 2017 Overview

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Introduction This time last year Philip Hammond was the Foreign Secretary: then came Brexit, Theresa May as Prime Minister, George Osborne’s opportunity to spend more time with his family – or on the after-dinner speaking...

Last Week in Brexit

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Christian Spence, Alex Davis and Jonathan Beardmore guide you through the events in Brexit as we move towards triggering Article 50 and beyond. ...

4 saving habits of millionaires

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There are no shortcuts or guarantees when it comes to achieving self-made millionaire status. That said, it can’t hurt to look at the financial habits of those who have managed to do just that to try and boost your own coffers. Here are our top tips...

What will the new government-backed savings bond mean for savers?

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Amongst a generally gloomy Autumn Statement, chancellor Philip Hammond offered a potential ray of hope for those looking to achieve better returns on their nest egg, thanks to the announcement of a new government-backed savings bond. Set to become available...

The Autumn Statement: What it means for you and for the country

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The Autumn Statement delivered by chancellor Philip Hammond on 23rd November offers the first major insight into the government’s financial plans both in the lead up to Brexit and in the period immediately following the UK’s departure from the...

The next generations need for planning may be even greater than our own

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Research from the Institute of Fiscal Studies (IFS) surrounding wealth in the UK has been making headlines in recent months. The study has found that people born during the 1980s are now half as wealthy as those born in the 1970s were at the same stage in...

Earning over £150,000 - You need to review your pension

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If your annual income is above £150,000, then your pension allowance has been subject to tapering since April this year. For every £2 of income over £150,000, your £40,000 annual allowance is reduced by £1, with the reduction...

What Brexit Could Mean for Investments

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It will be 24th June when the Brexiteers sober up, probably still fully clothed from the night before and no doubt feeling a little ropy as they pour the dregs of champers down the sink. However, it will only be after they look at their investment portfolios...

INSIGHT: Buy to Let is Not A Bumper Gift from Chancellor

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The Chancellor’s wintery address was full of little pre Christmas surprises, some of them nice (unless you actually worry about spending money we don’t have) and others rather naughty. This time around cunning George...

Pension Freedom, food for thought in financial planning

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Ever thought how much you would love that second hand Ferrari in retirement? How about a nice little fishing boat to use in the summer? All this would be possible if only you could access all of the money in your pension fund. Well great news, you...

How Elections Affect Your Finances

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It is election time when politicians try to convince the people of the UK they will be better off under their respective administrations. Central to the debate however will be the issue of taxation, things need to be paid for but how...

INSIGHT: To Buy or Not to Buy to Let

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Financial planners are often asked “where’s the best place to put my money?”, unfortunately there is no short answer to a long term question. Many have already decided the only way is property and undoubtedly for...

Bitcoin Friend or Foe

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IFA Jonathan Beardmore gives his views on the future of Bitcoin A couple of years ago I was alerted to a phenomena called Bitcoin. Bitcoin for those of you who don’t know, is a crypto currency and was originally utilised by the...

Demand for NS&I Saving Bonds a Product of Bad Advice

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Last week like many of you I woke up to the news that NS&I are about to launch the new so-called Pensioners Bond. This hardly came as a surprise, Chancellor George Osborn had previously mentioned the launch of the new Pensioner Bond in his latest Autumn...

Autumn statement - Pearsons Jonathan Beardmore puts his own unique slant on George Osbornes statement.

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This week Chancellor, George Osborne made buying mansions a lot more expensive. Bad news if you’re buying an 18 bedroom mock Tudor stately home, still it’s a good idea to take your lumps now and avoid the alternative of a yearly mansion tax...

INSIGHT: Is passive investment for you?

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Investors have 2 main choices when planning investments: active, usually run by a professional fund manager,​ and passive, that simply track a market. Here, Pearson Financial Adviser, Jonathan Beardmore , takes a looks at whether the...