Liquid error: invalid date
Business News: Top five New Years Resolutions
Get money savvy, with sound advice from IEP Financial
The festive period is over and January has arrived, which can bring with it those inevitable financial blues. We at IEP Financial, however, are here to help. We’ve compiled our Top Five ‘New Year’s Financial Resolutions’ for steps to help improve and secure your financial future in 2015:
1. Meet with an Independent Financial Adviser (IFA)
Whatever stage of life you are at, an Independent Financial Adviser can help you. Whether you’re buying your first home, changing jobs and need a more suitable pension plan or investing due to a windfall, make one of your resolutions putting all of your finances in order. IEP Financial offer a complementary first meeting, so there really is nothing to lose and everything to gain in meeting with an IFA.
2. Assess your mortgage options
With the changes to stamp duty announced in the chancellor’s autumn statement and the likelihood of an interest rate rise at some stage this year, it is now the perfect time to assess your mortgage options. Whether you’re a first time buyer, seeking to up or down size, buying to let, looking to re-mortgage or simply wanting to review your existing arrangements, get in touch with a mortgage adviser.
3. Ask your employer about Auto Enrolment
Has your employer contacted you regarding work place pensions and Auto Enrolment? Workplace pensions are now a legal requirement for many businesses and all employers will need to adhere to the new rules by 2017. Providing a good pension scheme to employees is dependent on a number of factors. Many companies need professional advice and IEP Financial are experts in Auto Enrolment.
4. Do some research into investing
Perhaps you’ve got some money in a generic savings account and are apprehensive about investing it? A first step would be to look at putting this into a New ISA - with an increased allowance this really is the first step in making your money go further. But if you have larger sums of money then you should look at your investment options. IEP Financial work closely with you to determine what you want to achieve out of investing and support you every step of the way in reaching your goals.
5. Ensure your pension scheme is fit for purpose
The recent government pension reforms announced in 2014 offer the opportunity for greater financial flexibility in retirement. Make sure you are taking advantage of the new changes to pensions, because your current pension plan could be very much out of date! Personal circumstances can often change, and with each change you should re-visit your financial plans with your Independent Financial Adviser.
For help with any of these points, please feel free to contact us. Give us a call on 01273 208813 or drop us an email at email@example.com