Pension-led funding - Blog

Forget retiring, we’ve got a start-up to run

We couldn’t have put it better ourselves. This was the headline in The Sunday Times (20th May, 2019), which featured Colin and Lisa King and their companies Jigthings and Education Quizzes. The article focused on how the entrepreneurial Kings took advantage of Pension-led funding to invest in their businesses. To read the article click hereClick here to read more about their Pension-led funding journey....

Pension freedom withdrawals now at 25.6bn: We ask “Is this always the most appropriate course of action for SME owners?”

Savers have accessed £25.6 billion from their pots since the launch of pension freedoms, it has been revealed.The latest figures from HMRC show 539,000 people withdrew a total of £8.2 billion in the latest financial year.What is not in doubt is the appetite for people to take advantage of the freedoms, launched in 2015, shows no sign of diminishing, although as Pension-led funding Chairman Adam Tavener pointed out, the “stampede” to dip int...

Keith drinks to Queen’s Award

Selling ice to the Inuits, oil to the Saudis – why not tea to the Chinese?Keith Garden and his company have done just that with huge success and their achievement has been given the Royal stamp of approval, for the second time.Only Natural Products has just been awarded a Queen’s Award for Enterprise: International Trade 2019 after exporting organic tea to Hong Kong and working with Soil Association of China.Over the last three years Only Nat...

Your slice of the £250 billion waiting to be invested in small businesses

A £250 billion pot of money is waiting to be invested in the UK’s two million small businesses with owners over the age of 50, it has been revealed.On the fourth anniversary of pension freedoms, analysis by Clifton Asset Management showed ‘Olderpreneurs’ had already used the freedoms to access almost £1.5 billion from their personal pension pots to fund new ventures.The analysis of recent ONS data also found that while 30 per cent of olde...

Are you ready for Making Tax Digital?

The deadline is looming for changes to how small businesses will be required to file VAT returns.From April 1, VAT-registered businesses with a turnover exceeding £85,000 will be required to file VAT returns digitally.The current HMRC portal which many use will no longer exist, to be replaced by the requirement to send VAT returns to HMRC using MTD-compatible software.Businesses will also be required to keep digital VAT records.Are you ready for...