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Key changes from the financial year

 2014 has been an incredibly busy year within The Financial Services industry and regulatory and budget changes from The Chancellor have certainly kept us all at IEP Financial on our toes.

Key changes throughout the year have included:
 

• Effective from April 2015 major changes to pensions including scrapping the 55% death charge (prior to age 75)

·         Much more flexibility in the way pensions can be accessed and passed on

·         Significant changes to Stamp Duty which mean 98% of house buyers will be better off

Could a Stocks and Shares NISA be better for you?

Cash ISAs currently offer disappointing returns and many savers are looking to the stock market to boost their savings.

A NewISA (NISA) invested in Stocks and Shares can be a good option if you are willing to take risk in the hope of better returns. But which is best for you?

One of the main considerations is your time frame. When will you need access to your savings? If it's within the next five years, you might be better off leaving your money in cash.

Cash ISAs protect your capital, which means you will not lose any of the money you have put in. The trade-off for this security is that your money is likely to grow at a much slower pace.