Executive pensions explained

What is an Executive Pension (EP)? It is a tax-exempt Revenue approved Pension vehicle that allows business owners and key employees to get the most value from their pension contributions.  It allows a business owner to transfer surplus profits from the company to his/her EP plan with no liability to Benefit-in-Kind. Why? It is a…

Corporate co-director insurance explained

What is Corporate Co-Director Insurance? Simply it is an insurance protection policy owned by the company and is affected for an amount that matches the monetary value of each Director’s business share. Why? The Directors of a private company are often the major shareholders and are charged with making the key business decisions for the…

The changing UK pension landscape and Brexit

In this blog, Imperius Wealth’s Gerard Frew (Chartered Financial Planner) examines the changes to UK Pensions over the last few years and how the changes are affecting people with UK Pensions. Top points to consider: Legislative changes to UK Pensions On the 6th of April 2015 the UK Government passed radical legislation enabling everyone with a…

To take a DB transfer or retain a DB benefit?

The importance of financial advice If you are between 40-60 years of age and worked in the private sector, you may be fortunate enough to have a ‘Defined Benefit’ (DB) Pension, i.e. an occupational pension from a previous employer that amounts to a promise (not a guarantee) to pay a future retirement benefit annually (based on years’…

Market turmoil – panic is for those without a plan

Ok, its officially a market correction, with the US ‘S&P 500 index’ down today {close of business GMT} over 25% since its high on 19/02/2020. The main factor causing this slump is the uncertainty from the health risk to the world population caused by a Global Pandemic* ‘COVID-19‘. (*WHO announced a Pandemic, 11/03/2019). This time round there is no finger pointing at financial institutions for poor credit underwriting ‘Sub-Prime Housing Lending’.