Woodruff FInancial Planning blog logo

Helping you navigate the world of personal finance one article at a time

Welcome to our Financial Planning Blog.

Please choose one of the following 9 sections or use the search box below

Below are our lastest blog posts

if scrolling is more your thing…

4 flexible retirement income options

The new flexible pensions will be introduced in April 2015. What are your flexible pension income options? We explore the 4 new flexible pension income options you can exploit from April 2015. This will help you to start planning methods to release your valuable...

read more

New ISA rules

The tax-free ISA allowance is now £20,000 per person, per tax year. This article explains how the new ISA rules work, how they differ to the old ISAs, and why you should maximise your ISAs now rather than waiting until the end of the tax year (the “ISA season”). [box...

read more

5 auto enrolment options

As an employer you should be aware of auto enrolment and what it means for your business. With your auto enrolment staging date approaching fast you are probably looking around at how to comply with the legislation. What are your auto enrolment options? This article...

read more

Would you like to retire at 70?

How attractive is the idea of retirement at age 70? Probably not very! A recent speech by an influential adviser to the Government, has raised the realistic possibility that the State pension should be only available from age 70. This could happen sooner than you...

read more

How risky are popular shares?

Do you hold shares in well-known companies? These companies are usually seen as pretty safe given that they are used by everyone. But how true is this? We use interesting data to examine this view, and expose the potential risks of some popular shares. Key points Some...

read more

What is auto enrolment?

Read this if you are an employer. A major change in pensions legislation is about to affect you, and you can't avoid it. This is known as auto enrolment. All employers are required by law to set up a new pension scheme for your staff and contribute to this scheme...

read more

How do investment charges work?

This is a regular question for us, because investment charges can be confusing. This article explains how investment charges work, and why this is important to understand. Key points Why are investment charges important? How investment charges typically work How...

read more

The Single Tier State Pension from 2016

No doubt you have heard a lot about the Single Tier State Pension, which is due to come into force for all those who become entitled to their State Pension in the UK from April 2016. This article examines the main proposed changes, as the legislation passes through...

read more

How does pension tax relief work?

This article should tell you what you need to know about tax relief on pensions. Key points How pension tax relief works Reclaiming pension tax relief for higher rate tax payers and self employed Claim your free retirement checklist What is a pension plan? A pension...

read more

Pension options on divorce

If you are getting divorced then you will probably need to take account of pension assets in your financial settlement. This article explains the 3 main pension options on divorce. Key points Pensions can be a difficult asset to assess on divorce There are 3 main...

read more

How to choose a retirement annuity

This article explores how you can choose a retirement annuity and will help you to make decisions about the options available to you. There are many options when considering a retirement annuity, and the decisions can seem daunting. This article will show you how to...

read more

How much is my business worth?

  If you are thinking of selling your business you will probably start by asking "How much is my business worth?" This is a good place to start, but we want to challenge you to think differently. We want to encourage you to think about a different question: "How...

read more

FSA becomes FCA

You may not be aware of it, but we are now regulated by a new regulator. The Financial Services Authority (FSA) is no more, and has been replaced by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). What is changing for you? Well,...

read more

Property vs investments

Have you ever wondered which is better - property or investments? This article tackles this issue and compares property vs investments. Key points: Why compare property vs investments? Definitions of property and investments Issues to consider Why do we compare...

read more

How we secure your financial data

Have you ever heard the shocking stories about how financial institutions lose their clients' data - causing real worries for their clients?  We take our responsibilities in this area very seriously, so we thought it would be useful to document how we secure your...

read more
Start taking control of your future today…
Call us on 01206 919101 or request a call back below
You will get regular emails such as the content of our latest articles section. You can unsubscribe at any time.
You will get regular emails such as the content of our latest articles section. You can unsubscribe at any time.
You will get regular emails such as the content of our latest articles section. You can unsubscribe at any time.
Dan Woodruff. Certified Financial Planner and Chartered Wealth Manager, Colchester, Essex

Unit 5, Park Lane Business Centre, Park Lane, Langham, Colchester, Essex CO4 5WR


We focus on so much more than just your financial planning. We aim to help you reach your full potential, achieve your goals and help you live the life of your dreams.

Click below and discover our Prosper service.