We understand what matters to people living in Macclesfield and the East Cheshire area

Bradshaw Bennett IFA News

Financial news effecting people living in Macclesfield, Wilmslow, Alderley Edge and the surrounding areas of East Cheshire.

Another satisfied customer - will you be next?

"Thank you very much for the way you handled the whole process of my life assurance application.

It is a considerable saving each month compared with the previous insurer, equating to nearly £150 a year, so thank you so much for all your time and your helpful attitude.

We are also very pleased with the savings plan you’ve set up for us, once again demonstrating a much more proactive and positive approach than our previous provider – very glad we came to you!"

Lindsey and James Russell

Macclesfield

Financial Advice for BAE Systems employees, Woodford

Here at Bradshaw Bennett Independent Financial Advisers in Bollington, we are well aware that Woodford is due to close in 2012 when the production of the Nimrod MRA4 is completed. Obviously this is a real blow to our local community and the families that will be affected.

If you know anyone at Woodford who may want to talk about their early retirement options or how to make the most of their redundancy payment, please feel free to pass on our details and we will be pleased to help with practical financial advice. 

Do you want to wait until you are 68 before you retire or would you prefer to stop work at 55?

State Pension ages are currently set to increase to 68 for men and women.

Currently, the State Pension age is 65 for men and 60 for women, but from 5th April this year (2010) over the next 10 years, the state pension ages for both men and women will be brought into line gradually so that both men and women's retirement ages will be 65.

But it doesn't end there!

Between 2024 and 2046 the State Pension age will increase for both men and women.
This increase will also be gradual, happening over two years every decade.

This will mean that:

Interesting statistics - the stock market recovery

Here are some interesting statistics

  • the average stock market recovery has taken 55 months
  • the average percentage change has been 131.4% from the lowest to the highest point. (Using the US Dow Jones index as the measure) - see the Credit Suisse research below. 
  • This time the recovery has taken only 9 months but is approximately 50% of the average at 67.7%
  • Most of our client portfolios are now back to their pre 2008 levels 

FSA Pension Calculator - how much retirement income might you receive

The money made clear web site from the FSA features an excellent Pension Calculator which allows you to estimate what you might expect to receive from saving in a personal, stakeholder or group personal pension.

Once you have taken a look why not arrange to talk to us about your pension provisions and see if we can make your money work harder for you.

Copyright © 2009 All Rights Reserved. Designated trademarks and brands are the property of their respective owners.
Use of this website constitutes acceptance of www.bradshawbennett.co.uk.
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at clients in the UK.
Bradshaw Bennett Independent Financial Advisers Ltd.
45 Palmerston Street, Bollington, Macclesfield, Cheshire SK10 5PX is authorised and regulated by the Financial Services Authority. All rights reserved