Monthly Archives: April 2020

As you would expect when trying to manage through a global pandemic like coronavirus, there are a lot of positive and negative reports that create volatility in global equity markets and last week was no exception.  After sharp falls were experienced earlier in the week following a report by the International Monetary Fund on the global economic impact, markets rallied at the end of the week on a report that a COVID-19 treatment showed promise and some […]

The 2020/21 tax year started at the stroke of midnight between the 5th and 6th of April.  While many individuals leave tax planning to the end of the tax year, you can look to maximise the benefits by using your personal tax allowances* and reliefs straight away.  Please get in touch to take advantage of one or more of the following:

Income Tax

• The tax free personal allowance remains unchanged at £12,500.
• Basic rate tax of 20% will be payable on income […]
  

Given the current market conditions Prudential confirmed on Friday 27th March 2020 that they are applying downward Unit Price Adjustments (UPAs) to some more of their PruFund funds due to the current extraordinary market conditions as follows:

PruFund Investment Plan, PruFund Investment Plan Mark 2 & Mark 3

I know that many of you have experienced downward UPAs before. However, for those that haven’t, it is worth noting that this is how the product/fund […]