Welcome to the May issue of our newsletter keeping you up to date with investment matters. We hope you find it interesting.
You can contact us at advice@argylefinancialgroup.co.uk

This month we deal with two topical items which you tell us you find confusing.

You feel that you are bombarded with paperwork from Transact even though it is supposed to be an "on-line" way of doing business. We share your feelings, but there is no escape at the moment, because the Government still insists that there is a paper trail to cover every transaction involving the movement of cash. You may have similar experience of owning shares and receiving dividend slips and Company accounts.

The paperwork you receive from Transact is a mirror of what you can see happening with your account ( click onto "Transaction Listings" on your opening page ) when you log on. Once you have seen the relevant transaction appear in the Transaction Lisitings on your account you do not need to keep the paperwork. In fact the only paper you need to keep is any Tax Certificate you receive with your annual statement. This certificate might be needed for your tax return.

The recent Election brought the issue of Pensions to the top of every media agenda.

Commentators and politicians tell us what is wrong but none offer a solution to the problem that most people will not have an adequate income in retirement.

Our experience at Argyle is that the biggest problem we all have with our pension arrangements is that we do not understand them. Most people do not know what sort of pension income they can look forward to when they eventually retire from work.

We strongly recommend that you ignore the current media debate and focus on understanding your own pension position as it is now. Take a little time to get to grips with whatever pensions you have been involved with during your working life, including the State Pension. At Argyle we have established systems which can help you to find out if you do have a pension problem. We can also help you to understand what you might need to do to make sure you have an adequate pension.

Your pension arrangements will form an important part of your annual Portfolio review but do speak to us if you would like to get to grips with your future now!