Very helpful information. Thank you for sharing this.
@Leapops9 ай бұрын
Thank you for this video. It is the first I have seen that explains the transitional arrangements for people (like me) who already were taking pension benefits. The LTA may be one of the most stupid taxes ever devised. I suspect it raised a negative amount and is the reason it is so hard to get a GP appointment and why highly paid NHS staff are either cutting hours or retiring completely. I am not in the public sector but I did take all my pensions at 55 as I was right at the LTA limit. Because I am no longer working and thus, no longer paying high rate tax, I estimate the Government has taken circa £30,000 less tax from me than if the LTA had never existed.
@AJBellInvestcentre9 ай бұрын
Thank you, Leapops. I'd like to caveat that this video is intended for financial advisers only, but we're glad you found the video insightful. Regards, Brianna.
@SJD20710 ай бұрын
Excellent video! Very clear explanation much appreciated!
@AJBellInvestcentre10 ай бұрын
Glad to hear you found the video helpful!
@C-L66 Жыл бұрын
Thanks really great explanation of the changes, the best have seen so far. I have a question, I'm in a particular position where I had already gone over the old LTA with 2 x DB schemes plus a small DC by last April, and since the changes last April i have saved more in to the DC and intend to do so this year and then start taking all my pensions at the end of this year 2024. I'm really concerned that if we get a change of government later this year and they reintroduce the LTA as it was before I take my pensions I will then be paying lots of tax. I know we have not seen the election mandates as yet but in your opinion how soon could it be reversed, would it need to wait until the following April? I have myself stressing over this as I could just start taking my pensions as soon as the election date is set to avoid this uncertainty but that will reduce my pensions for the rest of my life, by paying more % reduction for taking the BD's earlier.
@AJBellInvestcentre10 ай бұрын
Hi C-L66, we’re glad to hear you found the video insightful, however, it is intended for advisers only. As we cannot give any advice I am happy to direct you to a recent article where our Director of Public Policy, Tom Selby, comments on the LTA changes: www.lovemoney.com/guides/255116/pension-lifetime-allowance-should-you-crystalise-labour-government Thanks, Brianna.
@bluegtturbo Жыл бұрын
The yield absolutely sucks. With inflation at 8 percent you'll lose heavily...
@BenBrown-m5u Жыл бұрын
Britpop in the 1990s
@maciaslopez5550 Жыл бұрын
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world.Retirement doesn't come with a specific requirement, people need to understand that having a right retirement plan is ideal and can help build a financial fortitude. Also, having a financial counsellor that will guide you through every process would be good, not just any expert but a very good one!
@maciaslopez5550 Жыл бұрын
**KAYLA TABITHA RODRIGUES is the authorized administrator I work with. You can confirm it yourself on the Internet. You will find the necessary details
@maciaslopez5550 Жыл бұрын
you can confirm her yourself on the internet,she works with authorized regulation and all.
@johnporcella2375 Жыл бұрын
Yes, to bonk can be dangerous!
@thorndupay1932 Жыл бұрын
😋 *PromoSM*
@andrewsharman8566 Жыл бұрын
Lol
@nileshnarkar4953 Жыл бұрын
What is the benefit of the iShare ETF to trade with large quantities in LTIM consistently 0.3% without profit or loss are you taking benefits in F and O
@RoyStricko Жыл бұрын
I thought, why on earth is youtube recommending this to me?! started watching...ah, now i see ;) good job youtube.
@galaxianx01 Жыл бұрын
In relation to contributing up to you salary (40k max), can you still pay in up to what you earn if you still earn below tax allowance? IE: You earn £10k, can you still pay up to £10k, or are you restricted to £3600 gross?
@johnporcella2375 Жыл бұрын
The amount that you were limited to was the LOWER of the pension allowance limit (then £40,000) or the total of your nett relevant earnings, here £10,000. So, here you could pay in £10,000 gross. The £3,600 gross that you refer to is to enable people who have savings, but no employment income to put in a pension contribution, albeit very modest.
@christopherfields67042 жыл бұрын
Keep making great videos!!! YT ranking services - *PromoSM* !!
@Dode1082 жыл бұрын
Preamble discombobulation. Fwd 4mins
@jarebkewley43442 жыл бұрын
promosm
@berniegarcia65932 жыл бұрын
I am a bit of skeptic, but know a lot of aspects about BTC. So, let's make few things straight - BTC is an investment asset - like gold, it's scarce, but it's easier to acquire it and big players like pay-pal and grayscale are holding it, same with a lot of banking institutions, hedge funds and masses of people,Self-host wallet btc owner whales have a hard time selling it without doing KYC and in some cases, this can wreck them financially. People lose access to their btc wallets which makes that btc frozen for all time. The Hype and FOMO is on the rise and most people only buy and holding with btc. I mean you have to understand that normal stock market fundamentals don't apply here. It's not a 2017 - 2018 scenario. The regulation added to BTC can actually even make it more desirable(although have a minus). Basically, anything that could stop the mooning of btc imo would be extreme regulation restrictions and also better investment opportunities discovered by btc owners.However , it’s is best advice you find a working strategy/daily signals that works well in other to accumulate and grow a very strong portfolio ahead. I have been trading with Mr. Aron Mason Craig daily signals and strategy, him guidance makes trading less stressful and more profit despite the recent fluctuations. I was able to easily increase my portfolio in just 4weeks of trading with Aron Craig daily signals growing 1.5 BTC to 6.7 BTC. His daily signals are very accurate and yields a great positive return on investment and is available to give assistance to anyone who love crypto trading, you can contact him on Telegram @ Aroncraigsignal.* * for inquires and profitable trading systems.
@chuff1123 жыл бұрын
Who keeps the residue after you and your wife dies.
@1GearG03 жыл бұрын
Thanks Charlene
@davidmcnay3 жыл бұрын
Some critical information about qualifying years for the state pension was missing or partially incorrect: Someone who has NI gaps due to caring for someone who was a child or who is disabled can receive carers credit which counts as a NI year and this can often be backdated if not claimed at the time. ‘NI’ years paid to other governments while working abroad count towards the minimum 10 qualifying years if that country has a totalisation agreement with the UK ie if someone works 10 years in total but 5 years in the UK and 5 years in the US, claiming treaty rights enables that person to get 5 years worth of state pension from both the UK and US despite having less than 10 in each.
@edinburger19723 жыл бұрын
Really helpful, one of the best explanations I’ve watched. Thank you.
@mwscuba3 жыл бұрын
What if I’m a basic rate tax payer and my pot is worth 800k at 50 ? With no company contributions? Should I carry on paying money in as at 55 am very likely to be over the LTA.
@JohnSmith-ii9ci3 жыл бұрын
what a babe she is
@marketbeans3 жыл бұрын
Does the LTA apply to funds in QROPS 🙏
@Kiy6763 жыл бұрын
Yeh it's real i got my money Back today from CRYPTOMCASHORIGINAL without issues so happy with my family and friends ✔✔✔
@Kiy6763 жыл бұрын
Yeh it's real i got my money Back today from CRYPTOMCASHORIGINAL without issues so happy with my family and friends ✔✔✔
@snowdav52243 жыл бұрын
WORKING WITH HACKERBROWNISH ON TELEGRAM WAS JUST SO WONDERFUL HE IS REALLY A TALENTED MAN
@george69773 жыл бұрын
Just got video in my youtube feed; it’s like getting a message in a bottle, took over 3 years to wash up on my screen. Gave a thumbs up, subscribed and clicked notification as I appreciate your views.
@shanekeogh47403 жыл бұрын
Nina looks stunning
@Buzz-Of-Craze3 жыл бұрын
The MSCI Indonesia Index | With 22 Constituents, the Index Covers About 85% of the Indonesian Equity app2.msci.com/eqb/custom_indexes/indonesia_performance.html
@SteveMoore19693 жыл бұрын
This example was really useful in understanding the 25% tax free withdrawal and how it impacts a pension exceeding the LTA. I wonder why government pensionwise website is not so informative? kzbin.info/www/bejne/gHrOoadqrpaphLM
@bluebionicle47284 жыл бұрын
*teleports in* Where am i?
@clockywork4 жыл бұрын
3 years on and China now comprises 39% of the fund!
@adrianalmodovar72544 жыл бұрын
AWDAWD
@adrianalmodovar72544 жыл бұрын
SAJOBCASLJKRFGNQAIKO FJAWEFQAW EF WEF s ef SEF ef SEF s ef
@mothballjim4 жыл бұрын
Has anyone invested in this fund? Be interested to hear how it’s getting on
@zzhughesd4 жыл бұрын
Thanks 6/7 Morningstar
@_redrum_x4 жыл бұрын
3 year old video with no comments. Evidence I’ve gone down the rabbit hole
@bloosnail4 жыл бұрын
sup
@cf86504 жыл бұрын
really helpful to understand how LTA is actually applied. Thank you
@rebeccahooper79685 жыл бұрын
this evil person has stolen pension funds from the people who live and work in Kent via KCC he is manager of Link Solutions ltd who manage the ACCESS pool the serious fraud squad want him alive or dead
@bluetocop5 жыл бұрын
whats growing on your forehead mould
@geimsx6 жыл бұрын
thank you
@mikesanders9026 жыл бұрын
Donald kicked Killary's A$$ ! And now the US economy is flying high again!!
@carmenyoussef21116 жыл бұрын
That should be Trumps next campaign anthem song. Ozzy Osbourne's Flying High Again! LOL!
@charitylowe22677 жыл бұрын
As I was surfing around the web, I stumbled upon this new making money online method. It was good! Its label is known as “sutu good plan” (Google it). It can help you learn how to generate 152 usd a day online.
@natee21697 жыл бұрын
ITS A WHOOPPPERR
@spookerr7 жыл бұрын
Vanguard screwed me. 1998 invested $24k into their Crown Jewel fund. The "Index 500". liquidated it in 2014 at $28k. Net gain of $3k in 16 years??? My Fidelity was invested in 1999 with $21k. Then in same 2014, it stood at over $35k. With one year less and $3000 less than the Vanguard "Index 500". Go ahead and look it up that fund. But Vanguard CHANGED the name of that Creme de la Creme fund several times in written notices to me which looked "funny". Like what's going on? Several years ago. HUGELY DISAPPOINTED IN VANGUARD. OF ALL PLACES. WOW.
@abc1238366 жыл бұрын
spookerr almost like we had a recession...
@bjarkebgebjerg82066 жыл бұрын
haha
@mellowmarkable7 жыл бұрын
I prefer Eurozone valuations rather than lofty US ones, so prefer UBS ETF UBS ETF MSCI EMU Socially Resp Ucits