Month: February 2016

Brexit

Pryor Portfolio Management run a range of risk rated actively managed investment funds. We have successfully steered our funds during the recent wave of volatility so we thought it may be prudent to give our strategic opinion of the next few months leading to the vote on the 23rd June. Brexit The UK EU referendum…

Read more

Latest Pension tax relief rumours

There have been more press reports that the Chancellor will reform tax relief for pension contributions in his March Budget. In last July's Budget the Chancellor launched a consultation on 'tax incentivised saving'. It was a curious sort of consultation, in as much as it dwelt largely on the tax cost of the existing pension…

Read more

Good news……..sort of!

Times of market stress create inevitable client concerns. This is of course the nature of risk and equity investing but recent months have certainly been more turbulent than most. As we have been alluding to in previous communications oil and China continue to be the main causes of market stress, we thought it might be…

Read more

Buy to let investors prepare for April

The Autumn Statement marked another future tax increase for buy-to-let. "Frankly, people buying a home to let should not be squeezing out families who can't afford a home to buy." Those words from Chancellor George Osborne, heralded the announcement in the Autumn Statement of an increase in Stamp Duty Land Tax (SDLT) for the purchase…

Read more

Selling your pension annuity

The government has set out further details about the secondary annuity market. In last March's Budget the Chancellor launched a consultation considering how existing pension annuity holders would be able to sell their annuity in return for a taxable lump sum. The logic behind the idea was to give existing pensioners the same flexibility as…

Read more