What our clients say

David advised me on consolidating my defined benefit and defined contribution pensions into one fund. It was a very complicated technical exercise which David guided me through with the utmost professionalism and integrity. He dealt with all the parties and kept me informed along the way including explaining deeply technical issues in a straightforward, understandable manner. I have no hesitation in recommending David.

Mark H

David manages my investments in a pension fund which is not my area of expertise, it's extremely reassuring to have found a financial advisor I can trust implicitly. I find David extremely approachable, knowledgeable and completely up to date with all the complexities that surround pensions and investments. As he says, 'no question is a stupid question', I feel completely at ease to ask him anything or express any concerns I might have. I always come away from my annual review feeling informed and reassured that my investments are in the best possible hands. David's office is a welcome beacon, relaxing and he makes a great cup of coffee!

Janey G

David has managed our financial affairs and investments for many years and we could not have chosen a better independent financial advisor. He is always available to answer our questions or give advice and we come away from our annual meeting knowing our investments are in safe hands. We cannot recommend Ferry Financial highly enough.

Mick M

David has been our financial advisor for 15 years and we have always been very pleased with his handling of our finances. He is always at the other end of the phone when we need him. I have no hesitation in recommending Ferry Financial.

Denise M

David has managed my investments for a number of years. The advice given by David is always clear, concise and understandable. He has a in-depth knowledge around the complexities of pension management and is happy to spend time talking through different scenarios. David is always available to answer any questions I may have and I come away from our discussions with a clear understanding of my options moving forward. As well as his technical expertise David is just a nice person to do business with and that makes a big difference in my book. I would be certainly be happy to recommend David to any of my friends or colleagues.

Kevin L

David helped us to consolidate our various pensions into SIPPs so we now have a greater understanding of how much we have in our retirement funds. David offers a first class service – he is always readily available to talk and deals with our requirements promptly and efficiency. It is very refreshing to have a personal service which is sadly lacking in the current culture of call centres. We have known David for over 12 years and we highly recommend him as a trusted Advisor.

Brendan and Jayne B

Tax Year End Planning Newsletter – January 2016

Date Published:29/01/2016
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We are pleased to bring our Tax Year End Planning newsletter

This newsletter contains information concerning the four key tax changes that we know about, what the future for pensions tax relief might look like, and what action might be appropriate for you before the end of this tax year.

1. The reduction of the lifetime allowance (the amount that you can hold inside a registered pension fund without tax penalties) from £1.25m to £1m from 6 April 2016.

2. The gradual reduction in the annual allowance (the amount that can be invested or accrued in your pension without any tax penalty each year) from £40,000 to £10,000 for those whose total income from all sources and including pension contributions (more details on this later) exceeds £150,000. The maximum reduction (to £10,000) suffered when income reaches £210,000. This applies from 6 April 2016.

3. A special opportunity in the current tax year to possibly contribute up to a further £40,000 tax effectively to pensions.

4. A change to the taxation of dividends and savings income (interest) from 6 April 2016 delivering some further tax freedom and some potentially higher tax rates.

We hope you find this information useful.

Please contact us should you wish to discuss your tax year end planning.

Click below to download

Tax Year End Planning Newsletter January 2016