View image | gettyimages.com This was touted as the 'most political' Budget in years, and it didn't disappoint on that front. Stronger growth and falling unemployment proved too good an opportunity for the Chancellor to miss. In fact, what that meant for the poor viewers was more than 30 minutes of economic 'preamble' as an introduction to one of the longest Budgets that I can remember (at more than...
Read MoreWelcome to the twentieth edition of the Kennedy Black Quarterly Private Client Newsletter. In this edition, we focus on why proper financial planning is important and worth paying for. This month has also seen George Osborne's Autumn Statement, which we summarise briefly. Finally, we include the tenth and final 'irrational behaviour' in our series, wrapping things up with perhaps the most duplicitous of all: Hindsight Bias. December 2014 KBWM...
Read MoreWelcome to the latest edition of the Kennedy Black Quarterly Private Client Newsletter. This edition is 100% pension-focused, now that the dust has settled on some ground-breaking changes in the Budget (apologies in advance if we get a bit excited about pensions). We give a quick no-jargon explanation of how pensions currently work, what the changes are and, now that some time has passed since it was...
Read MoreWelcome to the latest edition of the Kennedy Black Quarterly Private Client Newsletter. In this edition we focus on some important pension changes that are coming into force in April. If you have built up pension pots with a total value of £500k or more, we would urge you to get in touch immediately. Some action may be required before 5th April. We are also pleased to update the performance of...
Read MoreWelcome to the latest edition of our Private Client Newsletter We focus on a couple of important topics in this edition. First, why we have concerns about equity income investing. And secondly, how simple retirement planning can be (very) good for your wealth. Furthermore, we continue our series on Behavioural Investing, focusing on the oft-misunderstood concept of 'Mental Accounting'. October 2013 KBWM Private Client Newsletter (requires Adobe Reader) We hope...
Read MoreAnother year, another austere Budget. As usual, I'm pleased to provide the following overview of the main points, with some thoughts and balanced opinions thrown in. Overall, the headline figures (growth, deficit, borrowing) were as bad or bleaker than previously hoped, but I don't think anyone's surprised by that. Here are some of the main points (in no particular order): - Help for small businesses: a new 'Employment Allowance'...
Read MoreHM Treasury has recently published its Consultation Paper on the new property taxes first outlined in the Budget earlier this year. See below a brief overview of the main suggestions. The consultation period runs until 23 August. Since the Budget in March, Stamp Duty Land Tax of 15% already applies to new purchases above £2m in value by "certain non-natural persons"; It is also proposed that...
Read MoreMuch like last year, the weather has been very kind to George Osborne on Budget Day. Please find below an brief overview of the main points, with some thoughts and opinion thrown in. Hope it's useful. Like the weather, the overall message this year was much the same as last year. While austerity remains the order of the day, I can't help but think that there was...
Read MorePlease see below a link to February 2012's Quarterly Private Client Newsletter from Kennedy Black Wealth Management. In this edition, we are pleased to recap on some prestigious recognition that we've received over the past three months. We are also pleased to report that we are expanding and would like to welcome Cathi Harrison to the team. Cathi is a highly qualified paraplanner and will work...
Read MorePlease see below a link to August 2011's Quarterly Private Client Newsletter from Kennedy Black Wealth Management. In this edition, we continue a theme from the last issue, focusing on our investment beliefs. This time, it's the Efficient Markets Hypothesis - which has come in for some criticism recently, somewhat unfairly in our view. We also include a list of ten top tips for tax optimisation...
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