Search found 49 matches

by Gan020
July 8th, 2019, 3:38 pm
Forum: Legal Issues (Practical)
Topic: Ownership of Trust assets.
Replies: 4
Views: 643

Re: Ownership of Trust assets.

I have an account for a Discretionary Trust with Hargreaves Lansdown. The account is in the name of the Trust. Fee structure is exactly the same as their Fund and Share account so no inactivity fees or annual charge. I opened it late 2014 so things may have moved on but at the time a number of the o...
by Gan020
July 2nd, 2019, 12:03 pm
Forum: Retirement Investing (inc FIRE)
Topic: I think i can retire early?
Replies: 46
Views: 2782

Re: I think i can retire early?

Don't forget to add inflation into your calculation. £35k of income in today's money at 2% inflation is equivalent of £63k in 30 years time at 2% inflation. (35*1.02^30). If inflation runs at 3% you will need £85k (35*1.03^30). Whilst your defined benefit pension will be inflation linked and the gov...
by Gan020
July 1st, 2019, 1:18 pm
Forum: International & Expat Investors
Topic: Leaving UK to avoid a Corbyn government!?
Replies: 59
Views: 3955

Re: Leaving UK to avoid a Corbyn government!?

The purpose of these generous ISA limits is to bring Trust and offshore money back into the UK and make it visible in the tax system. Trusts pay tax however well they are set up. Tax's within Trusts are significantly higher than zero in ISA's but imho there is alot of tax abuse in Trusts partly thro...
by Gan020
June 26th, 2019, 2:16 pm
Forum: Taxes
Topic: Tax Advice on a Discretionary Trust
Replies: 23
Views: 1136

Re: Tax Advice on a Discretionary Trust

I've run all the numbers through a spreadsheet and it becomes clear that if I withdrew money from the Trust now, lived for another 30 years, paid the exit charge, allowed 1.25% for selling shares and buying them back within an ISA I would be far better off provided I don't die in the near future. Th...
by Gan020
June 18th, 2019, 10:17 am
Forum: Gilts and Bonds
Topic: RAVP
Replies: 81
Views: 2594

Re: RAVP

If any investor cannot understand a company's accounts, they should not invest in that company. That is a basic of investing that most investors abide by. A person should certainly not be expressing an opinion of the merits or not of investing in any company they do not understand, because they are...
by Gan020
June 17th, 2019, 9:09 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Kier suspends its dividends
Replies: 27
Views: 2195

Re: Kier suspends its dividends

I can't recall it's exact name but they offer to pay their supply chain through a discounted structure. For example a company wanting to be paid at 30 days will present an invoice to Kier's bank and accept (again by example) a discount of 7.5%. A supplier able to wait 90 days will get paid in full....
by Gan020
June 17th, 2019, 11:10 am
Forum: Taxes
Topic: Tax Advice on a Discretionary Trust
Replies: 23
Views: 1136

Re: Tax Advice on a Discretionary Trust

Thank your for your replies. I have already ordered the book, the 2017/18 version was avaialable for less than £40 delivered off Amazon and I consider that a bargain compared with the tax I might save or even just sleeping easy knowing I am doing the right things. More than anything I'm hoping the b...
by Gan020
June 16th, 2019, 9:52 am
Forum: Investment Strategies
Topic: What return are you targeting?
Replies: 32
Views: 3080

Re: What return are you targeting?

Aminatidi wrote:
10 year average returns are 6.6% so you're doubling your return approx every 10 years with a very smooth ride.


Your starting point of 2009 kind of skews the data as it's the lowest point for many years on the FTSE. If your starting point was 2007 or 2010 it would look very different
by Gan020
June 15th, 2019, 2:16 pm
Forum: Investment Strategies
Topic: Investing in Green Infrastructure Funds (ITs)
Replies: 116
Views: 5188

Re: Investing in Green Infrastructure Funds (ITs)

Some great replies on how the electricity is generated, stored and manged to meet demand. Thanks. But I remain puzzled on the tariff question. I had understood much of the attraction of this sector was that it provided almost a fixed income as the generation tariffs were guaranteed by contracts that...
by Gan020
June 15th, 2019, 2:10 pm
Forum: Taxes
Topic: Tax Advice on a Discretionary Trust
Replies: 23
Views: 1136

Re: Tax Advice on a Discretionary Trust

I said I’d come back on this in a couple of months. I’ll start with my questions first and provide the commentary below. Many thanks in advance for any help anyone is able to offer. 1. Can anyone provdie a recommendations for an accountant within 50 miles of Wolverhampton who understands discretiona...
by Gan020
June 13th, 2019, 12:05 pm
Forum: Investment Strategies
Topic: Investing in Green Infrastructure Funds (ITs)
Replies: 116
Views: 5188

Re: Investing in Green Infrastructure Funds (ITs)

Does anyone understand this? It's copied from today's BBC business live feed. What it appears to say is that that although the renewable energy suppliers are guaranteed their income they still have to sell it to the grid even if they pay the grid. I am interested because I didn't appreciate there wa...
by Gan020
June 12th, 2019, 11:38 am
Forum: Brokers and Share Dealing
Topic: Tidy up time: free sales for <£2000 holdings at AJ Bell
Replies: 3
Views: 1604

Re: Tidy up time: free sales for <£2000 holdings at AJ Bell

That's a pretty generous offer from AJ Bell. No doubt it won't actually cost them or their brokers much if anything as most people will sell their losers and re-invest in something else which will get them a commission.

Regardless well done AJ Bell
by Gan020
June 12th, 2019, 7:50 am
Forum: Gilts and Bonds
Topic: RAVP
Replies: 81
Views: 2594

Re: RAVP

From the Times: ...But what about another connection? It’s one that goes to the heart of those dubious share listings in Guernsey: a caper even Financial Conduct Authority boss Andrew Bailey finally seems to have spotted. It’s the Woodford association with Anton Bilton and Glyn Hirsch. Who they? The...
by Gan020
June 8th, 2019, 2:16 pm
Forum: REITs & Property Companies
Topic: the NewRiver REIT (NRR) topic
Replies: 67
Views: 3660

Re: the NewRiver REIT (NRR) topic

My reading, St James now have 5% of NRR, these shares came from Woodford. They (SJ) are not forced sellers as far as I can see and will quite likely hold for the long term so therefore that is 5% of the issued off the table. As to the other 14.8% that Woodford entities own I hope they all get shift...
by Gan020
June 8th, 2019, 8:18 am
Forum: REITs & Property Companies
Topic: the NewRiver REIT (NRR) topic
Replies: 67
Views: 3660

Re: the NewRiver REIT (NRR) topic

[quote="PrefInvestor" 1. The first looks like Woodford selling another 0.8% on 6th June reducing his holding to 14.8% of NRR. 2. The second appears to be St James Place acquiring 5% of the companies shares on the 5th June (I’m guessing that’s who Woodford sold his 5% to on that day). So as...
by Gan020
June 7th, 2019, 9:04 am
Forum: Gilts and Bonds
Topic: RAVP
Replies: 81
Views: 2594

Re: RAVP

Hi Kenny, How do you see the 2p price drop in the RAVP price this last couple of days. Is it just a post XD effect (noting that it didnt drop on the day) or could it be anything to do with the Woodford situation ?. Given the size of his RAV holdings some selling is surely likely ?. Whats your view ...
by Gan020
June 5th, 2019, 8:28 pm
Forum: Gilts and Bonds
Topic: Bond market worries
Replies: 14
Views: 2155

Re: Bond market worries

Interest rates have been low for a decade but for the first five years of this five year period there was a level of stress in the bonds markets which meant you a decent return over LIBOR. So, let’s say you are retired and needed 5% a year. This was easy enough with minimal risk and the way things w...
by Gan020
June 5th, 2019, 2:16 pm
Forum: Gilts and Bonds
Topic: Bond market worries
Replies: 14
Views: 2155

Re: Bond market worries

It is my view yield has been chased since March with insufficient regard to risk and that as an asset class most are overpriced.
by Gan020
June 4th, 2019, 2:57 pm
Forum: Gilts and Bonds
Topic: RAVP
Replies: 81
Views: 2594

Re: RAVP

Woodford owns: RAV 80.8m shares (12.96%) £32.3m RAVC 81.9m shares (41.34%) £92.6m RAVP 8.2m shares (8.22%) £11.2m Total £126m If any of that comes on the market as a result of his redemption's on WEIF or cross contamination in his other fund, the share price is not going to hold even if his friends ...
by Gan020
June 3rd, 2019, 10:15 am
Forum: Gilts and Bonds
Topic: RAVP
Replies: 81
Views: 2594

Re: RAVP

Kenny posts on ADVFN. Look under the RAVP and RUSP threads.

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