News Announcements

23 July 2010: Congratulations to Alex Turco for passing exam CF8 (Long Term Care) offered by the Chartered Insurance Institute.

20 July 2010: We would like to welcome back Natalie Yarwood to our team. Natalie is here for a further two week's work experience having joined us for one week last Summer.

13 July 2010: The management of the Henderson International Property fund is being transferred to Aviva Investors with effect from 2 August 2010. We have no undue concerns about this transfer.

5 July 2010: Monthly commentaries updated and added to the publications section of this website.

25 June 2010: Printed Tax Tables have arrived this afternoon following the emergency budget. Please let us know if you would like a copy.

22 June 2010: Emergency Budget in brief: VAT to 20% from 4/1/2011, CGT exemption unaltered, tax to 28% for Higher Rate Income Tax payers & Trusts. Those under 65 earning £43875 and below see personal allowance for income tax increased by £1000 from 6/4/2011. Compulsory annuitisation of pension funds at age 75 to be scrapped. State Pension to increase from 6/4/2011 by triple lock higher of 2.5% / RPI / National Average Earnings. Most other benefits to be increased by CPI not RPI except Child Benefit, which is frozen. Child Tax Credits to be reduced for middle earners. No new duties on alcohol, tobacco, fuel. Cider tax reversed. Corporation Tax 28% to 24% over next five years, small businesses from 21% to 20%. National Insurance threshold increases by £21 per week from 6/4/2011. Not joining Euro during life of parliament. High Speed 1, NATS, Student Loan Book and the Tote to be sold off with part privatisation of the Royal Mail. Public servants have 2 year pay freeze except if earn £21000 or less, when will increase by £250 pa. Budget brought back into balance 77% by cuts, most of which to follow and 23% tax rises. Borrowing forecast £149 billion 2010/11 to £20 billion 2015/16, at which point National Debt will be 67% of GDP.

18 June 2010: Congratulations to Dan Broom for passing Chartered Insurance Institute (CII) Diploma exam J05 (Pension Income Options) and to Alex Turco for passing CII Diploma exam J08 (Financial Planning Practice), which they took in April. We have updated the staff profile pages on this website.

16 June 2010: Quarterly product guides completed, updated and ready for issue.

15 June 2010: Quarterly Client Newsletters sent out by post. Please let us know if you do not receive your copy or would like additional copies for friends or relatives.

7 May 2010: UK HUNG PARLIAMENT & ONGOING EURO/ GREEK SOVEREIGN DEBT CRISIS: A period of increased instability and volatility in shares, currencies and gilts has begun owing to the UK Hung Parliament and Greek debt issues. Short-term investors should take steps to mitigate their positions by decreasing risk and increasing deposit holdings. Medium to Long term investors, whose objectives and risk tolerances have not altered should consult us should they have any particular concerns although our standard position not to change medium to long term plans owing to short term volatility remains our default advice at the moment.

6 May 2010: Henderson has announced more changes to its funds. The Sterling Bond, Extra High Yield Bond, Fixed Interest and High Yield Bond funds all seek permission to change the investment policy to permit the wider use of derivatives. The last three funds will also change their names to include the words Monthly Income. We do not have any serious concerns about the proposals. Should investors require further information about ongoing suitability of these funds to their individual circumstances, please contact us.

23 April 2010: Henderson is writing to investors with changes to the Managed Distribution and Technology funds. We do not have any serious concerns about the proposals. Should investors require further information about ongoing suitability of these funds to their individual circumstances, please contact us.

14 April 2010: Good luck to Dan Broom, who is taking J05 Pension Income Options and to Alex Turco, who is taking J08 Financial Planning Practice, which are exams offered by the Chartered Insurance Institute, next week,

6 April 2010: New Tax Year! Why wait until the end of the tax year for tax savings when your new ISA, Capital Gains Tax and Inheritance Tax allowances and exemptions are available now?

6 April 2010: Investors who have expressed an interest in transferring taxable Investment Funds into ISAs will be contacted shortly to make the appropriate arrangments.

18 January 2010: Investors with New Star ISAs are receiving circulars about a transfer to Henderson ISAs, following the acquisiton of New Star's funds by Henderson last year. We are happy for investors to accept this recommendation since it is not disadvantageous. However, this could be an appropriate opportunity to consolidate your ISA / Fund portfolio onto a Fund Platform to benefit from centralised administration. On these points please contact us should you require specific information about suitability based on your circumstances.

12 January 2010: If you want to talk to us face to face but from the warmth of your home during the cold winter weather we have Skype and other Messanging Software linked directly to our meeting room.

6 January 2010: 15cm of snow here in Burnham and the office was open promptly at 9am. However, we have received no post today and not all staff have been able to attend. If you cannot attend a meeting here please let us know at the earliest opportunity. If we are due to travel to you and local road conditions are unsafe we would appreciate your guidance. The office will shut at 4.30pm today to allow staff the chance to travel home whilst there is some light.

18 December 2009: Congratulations to Alex Turco for passing J05, Pension Income Options, an exam offered by the Chartered Insurance Institute, which he took in October.

11 December 2009: We hope you like the new look Home Page. Do have a play with the Asset TV and FTSE extra functionality!

9 December 2009: New page added to this site for Publications - found in the News section. Download our monthly commentaries directly to your computer. Please remember to ask our advice before proceeding with any course of action that might result.

6 October 2009: Extra ISA Day! The ISA allowance increases to £10200 today for over 50s, of which a maximum of £5100 can be invested into a Cash ISA. Make the most of the opportunities for tax-free interest and capital growth afforded by the ISA by contacting us today.

21 September 2009: Congratulations to Dan Broom on passing his Diploma exam, J01 on Personal Taxation.

4 September 2009: Did you know that we have Skype in case you wish to talk to us face to face, but over the internet? Drop us a line for our Skype address.

17 August 2009: We have recently become enhanced members of unbiased.co.uk, the professional advice search website. We would like to welcome any visitors to our website who have searched for an IFA in this way.

31 July 2009: We've had a new front door sign installed to reflect the fact that Positive Wealth Creation Ltd is a firm of Chartered Financial Planners.

8 July 2009: A team from Positive Wealth Creation Ltd won the Insurance Institute of Bristol's annual Treasure Hunt around Bristol on 7th July. Scoring 320 points out of 350, the team won a tie break with the question 'what is 20% of 850', which Alex answered correctly and most quickly!

6 July 2009: The internal office redecoration and reorganisation has been completed. We now have two private meeting rooms, all spruced up and ready to welcome you.

We held our 2009 Budget Opportunities Seminar on Tuesday, 28th April 2009 from 4.30pm to 6.15pm at Burnham & Berrow Golf Club. Let us know if you would like copies of the presentations.

The Chartered Insurance Institute (CII) has awarded the prestigious ‘Chartered Financial Planners' title to Positive Wealth Creation Ltd. Chartered status is an exclusive title only awarded to firms, which meet rigorous criteria relating to professionalism and capability. All Chartered Financial Planners commit to the CII's Code of Ethics & Conduct reinforcing the highest standards of professional practice in their business dealings. To date around 250 firms have achieved Chartered Financial Planners status nationally, indicating that this is a highly exclusive award reserved for the leading firms within the financial advice market.