“Pension Transfers continue to rise…”

With more coverage in the Glasgow Herald this past weekend, our Pension Specialist Adviser, Michael Garvey, talks about the continuing trend of clients looking to transfer out of their Final Salary pension. Final Salary pension transfers remain topical as the number of individuals transferring out of final salary (defined benefit) pension schemes continues to reach […]

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The power of an offset mortgage

In an article in the Glasgow Herald this week, Principal Adviser at Glasgow Wealth, Michael Garvey, was again discussing Investments, Savings and Financial Advice. On the table this week is Mortgage Advice – and the benefits of the ‘Offset Mortgage‘. The Bank of England recently publicised that 15.75% of new mortgage applications in the first […]

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Final Salary Pension Transfers – are they worth the risk?

The number of individuals transferring out of final salary (defined benefit) pension schemes has reached new highs as evidenced by the reported increase in transfer volumes. Willis Towers Watson – the prominent defined benefit pension administrator – for example reported that pension transfers out of their clients’ schemes had increased by a factor of 500% […]

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We are Recruiting…

Paraplanner: Salary: up to £38,000 + pension We are eager to identify a suitable candidate to fill a Paraplanning role within our firm. The successful applicant will be Level 4 qualified and will have some experience of dealing with high net worth financial planning scenarios; Chartered status would be an advantage. Full funding of further […]

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Pensions vs ISA’s?

Our Principal Financial Adviser, Michael Garvey, was again discussing Investments, Savings and Financial Advice in Glasgow’s Sunday Herald last week. On this occasion the topic was Pensions and ISA’s – outlining the reasons why some would choose to pay into a Personal Pension or an ISA.  With the passing of the 5 April deadline for maximising […]

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Glasgow Wealth – Herald profile

Our Principal Adviser, Michael Garvey, had an interview published in the Glasgow Herald last month. Discussing Glasgow Wealth, the services we offer, current challenges and opportunities ahead… Could you tell us about Glasgow Wealth? We are a full-service, independent financial planning firm based in George Square committed to building long-term, trust-based relationships with our clients […]

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‘Lifestyling’ – the real threat to your lifestyle in retirement

Over the last few years, one trend that came into vogue in retirement planning (particularly corporate pensions) has been so called ‘lifestyling’. This is where the pension provider’s investment strategy works towards a target retirement date (or perhaps a default date across the scheme nominated by the sponsoring employer). Early in the career of the […]

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Pension Lifetime Allowance Changes 2016

On 6th April 2016, significant new pension legislation will come into effect that will markedly increase the number of pension savers and scheme members who may be affected by the lifetime allowance (the limit on value that may be saved within a pension scheme without incurring significant capital tax charges). The current allowance of £1.25m […]

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Pension Annual Allowance Advice

Pension funding changes for high earners On 6th April 2016, we will see the introduction of new pension legislation in respect of the annual allowance; the annual limit on which pension funding may attract tax relief, subject to earnings. In recent years, the annual allowance has already been reduced by 84% from its zenith of […]

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