Growing demand for mortgage financing for older divorcees   The ever-increasing trend for so called ‘silver separators’ and ‘silver divorces’ (1) is leaving many older people struggling to pay the mortgage post split. It is placing greater focus on equity release options.   LEBC the financial planning firm highlights statistics such as… Read More

       Financial triage service for divorcing couples The start of a New Year is a time when divorce cases sadly rise and those unfortunate to be experiencing that scenario must ensure they understand their personal financial position. To assist in this, family lawyers are being offered a free triage service by National IFA,… Read More

Consumers need to be aware that while there can be many benefits in exercising pension freedoms, there will be a need to manage the investment of funds and rate of income withdrawal, to make their income sustainable throughout life, highlights national IFA, LEBC Group (LEBC). However, paying for good quality ongoing advice and fund management… Read More

  National IFA, LEBC Group (LEBC) has acquired 100 per cent of the share capital of Bristol based IFA, Aspira Corporate Solutions Ltd (Aspira). Subject to regulatory approval, the transaction is valued at £5 million in cash and LEBC shares. Aspira established in 2003, currently employs 50 staff and has over 11,000 clients with nearly… Read More

LEBC The Retirement Adviser has welcomed The Pension Regulator’s call for pension schemes to standardise the information they offer to members and their advisers. “Poor pension choices, as outlined in the FCA’s Retirement Outcomes Review, are often made by consumers because they lack understanding of the real value and terms of their pension plans,” said… Read More

    4 December 2017   Common Law Myth   The myth of the common law spouse lives on, according to national IFA, LEBC Group (LEBC).   Kay Ingram, director of public policy at LEBC said: “It’s a fantasy which can have devastating consequences for one or both parties, not just on relationship break up… Read More

Fund transaction fees, measured as a percentage of funds’ assets, can be as much as 500% of the quoted Ongoing Charge Figure (OCF), according to new research from independent fund research company, Fitz Partners. Fitz Partners calculated transaction fees from audited fund accounts and measured the impact they would have on funds’ OCFs, should both… Read More

     Graduate Academy launched   National IFA, pensions and employee benefits consultancy, LEBC Group (LEBC) has launched its own dedicated academy for graduate recruitment to provide individuals with a clear career path within financial services.   After being given induction training to the structure and ethos of LEBC, candidates to the ‘LEBC Academy’ (Academy)… Read More

  More savers may have to complete tax returns Changes made to how interest is taxed may mean that some savers will need to complete a tax return and pay tax due by 31 January 2018, according to national IFA, LEBC Group (LEBC). Since 6 April 2016, tax on interest is no longer deducted at… Read More

LEBC The Retirement Adviser wants to help the Government stimulate long term business investment by incentivising pension savers impacted by the lifetime allowance The recognition from the Chancellor of the Exchequer in his Budget speech (22 November) that pension savings are an important source of capital for business investment is welcomed by LEBC. And the… Read More