McLean’s Financial Services

Pension schemes have relatively limited exposure
The Pensions Regulator said on 24 October that British pension schemes have a ‘relatively limited exposure’ to toxic assets. The Pensions Regulator also said in a statement that it has seen a ‘limited involvement in derivative trades with counterparties that are in difficulty.’ It urged pension trustees to check that [...]

Ten tips to survive the credit squeeze
News of the three-part package to bail out the banks in an attempt by the government to restore confidence in the financial markets and encourage them to lend to each other again will come as welcome news to many business owners. But until the credit lines start flowing again, [...]

£500bn underwritten and guaranteed by the Treasury
The Prime Minister, Gordon Brown, announced on 8 October 2008 that he would make available hundreds of billions of pounds to underwrite banking debts that would be underwritten and guaranteed by the Treasury.
This unprecedented action was taken in an attempt to underpin the financial markets, prevent a complete collapse [...]

Consolidation of your retirement funds could bring benefits
Most people, during their career, accumulate a number of different pension plans. Yet maintaining separate plans can be inappropriate and complicated and lead to lost investment opportunities, exposure to undue risk, higher costs, and more.
Talk to us about how we could potentially help you avoid these problems, if [...]

It’s not only the super-rich that are subject to inheritance tax
Benjamin Franklin once said that “nothing is certain but death and taxes,” and thanks to inheritance tax (IHT), they’re not only certain they’re intrinsically linked.