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Camouse Blog

What are NFTs, and why should you care?

What are NFTs, and why should you care?

You might be familiar with cryptocurrency: the digital currencies which can be exchanged for goods and services developed using a technology called blockchain. You may also have seen NFTs, or Non-Fungible Tokens, making headlines of late. In essence they are an asset also developed on blockchain. You may also have never heard of the term. In fact, Google search queries in the UK for ‘non-fungible token’ have increased in frequency by nearly 10,000% between 24th January and 28th February. If this all sounds like another language to you, you are not alone, but it is a language that is making waves in the world of finance and art.

CamOuse Financial Management Limited Posted by: CamOuse Financial Management Limited
19 Apr 2021


More than half of UK adults now seek financial advice

More than half of UK adults now seek financial advice

As we look back on the 12 months since the UK first went into lockdown one thing is abundantly clear – financially, the last year has been good for some people. We’re not talking about the billionaires who have seen their shares rocket during lockdown but rather the many, many people who have saved money by not commuting, not buying lunch from the sandwich shop and not going on holiday. Depending on which paper you read, people in the UK have ‘accidently’ saved anywhere between £100bn and £125bn during lockdown.

CamOuse Financial Management Limited Posted by: CamOuse Financial Management Limited
14 Apr 2021


How to choose the best cash ISA

How to choose the best cash ISA

We all know that interest rates are at historic lows – and with them showing no sign of increasing in the near future, you could be forgiven for thinking that Cash ISAs would be quickly losing their popularity.

CamOuse Financial Management Limited Posted by: CamOuse Financial Management Limited
12 Apr 2021


Could using a pension reduce higher rate tax payments?

Could using a pension reduce higher rate tax payments?

At the beginning of March Chancellor Rishi Sunak presented his Budget. His aim: to chart a course out of the economic damage wrought by the pandemic. A year earlier he had said he would do “whatever it takes” to protect jobs and businesses. Twelve months on, with Government borrowing breaking all records, it is clear that it will take a very long time to pay the bill for “whatever it takes.”

CamOuse Financial Management Limited Posted by: CamOuse Financial Management Limited
9 Apr 2021


April Market Commentary

April Market Commentary

This market commentary has been produced for some time now but March 2021 was the first month when a ship made the headlines. Anyone who watched a news bulletin will have seen the mega-container ship the Ever Green firmly wedged across the Suez Canal. The ship, which is 400m long, was finally re-floated having caused perhaps the most expensive traffic jam in history as it held up an estimated $9.6bn (£7bn) of goods every day.

CamOuse Financial Management Limited Posted by: CamOuse Financial Management Limited
8 Apr 2021


What do first-time buyers need to know in 2021?

What do first-time buyers need to know in 2021?

If you’re looking to buy your first home or help somebody close to you buy theirs, it can be an exciting time, but not one without challenges. Most first-time buyers have spent some time saving for a deposit or have access to the bank of mum and dad, but the journey doesn’t end there. When the time comes to step onto the housing ladder there is plenty to consider, not least of these considerations is the type of property that the buyer can expect to afford.

CamOuse Financial Management Limited Posted by: CamOuse Financial Management Limited
8 Apr 2021


Major pension funds commit to net zero carbon emissions by 2050

Major pension funds commit to net zero carbon emissions by 2050

A new Net Zero Investment Framework has been launched by the Institutional Investors Group on Climate Change (IIGCC) which outlines a commitment to net zero carbon emissions by 2050. The framework aims to encourage investors to develop an investment strategy that achieves net zero, and the framework is already being put into practical use.

CamOuse Financial Management Limited Posted by: CamOuse Financial Management Limited
19 Mar 2021


Does an increase to capital gains tax look likely?

Does an increase to capital gains tax look likely?

While Rishi Sunak’s spring budget introduced a variety of new initiatives and updates to multiple taxes, one suspected change was missing from the big red book. Analysts had posited that a capital gains tax hike would be a likely inclusion in Sunak’s budget, expecting it to be brought more in line with income tax and sitting at around 25%.

CamOuse Financial Management Limited Posted by: CamOuse Financial Management Limited
15 Mar 2021


  • I thought CamOuse were very helpful and dealt with my enquiries promptly.

    5 out of 5

    D Mowatt

    Clive Nickalls

  • I have been a client of CamOuse's for many years. My advisors have provided assistance with mortgages, financial planning, investments and most importantly my future. The team remain passionate and professional and I would recommend CamOuse without question.

    5 out of 5

    Mr L Isbell

    Trevor Honey & Clive Nickalls

  • The staff are always happy to help.

    5 out of 5

    J Pearce

  • Lee has always given me excellent advice when choosing a new mortgage. I would highly recommend him.

    5 out of 5

    R O'Dell

    Lee Pooley

  • Everyone is very friendly, approchable, helpful and professional.

    5 out of 5

    G Parr

    Trevor Honey

  • I would like to thank Lee for all his help, he was amazing!

    5 out of 5

    Silk & Schwarz

    Lee Pooley

  • Lee was recommended to us by 2 of his existing clients, colleagues and friends of ours and I'm glad they did so! He made the whole process much simpler then we were expecting.

    5 out of 5

    Burgess & Bedford

    Lee Pooley

  • Lee has helped us on several occassions and we always appreciate and value his time and efforts.

    5 out of 5

    I & A Murphy

    Lee Pooley

  • I really appreciate the prompt, friendly, efficient service.

    5 out of 5

    V Hardy

    Clive Nickalls

  • Very pleased with the service provided and happy to recommend to my customers and friends and family.

    5 out of 5

    M Chadburn

    Clive Nickalls

  • I would like to express my thanks for the excellent service I have received and a special thank you to Hannah for keeping me updated and dealing with my queries in a very efficient and professional manner.

    5 out of 5

    T Long

    Matthew Theobald

  • Thank you (and Eve) so much for all your help and support towards our remortgage. We really appreciated your expertise.

    5 out of 5

    Cant & Robbins

    Lee Pooley

  • I would just like to thank you all on behalf of myself and Jordan. You, Eve and Max have been faultless and we couldn’t be more appreciative for all your help!

    5 out of 5

    C Baldwin

    Lee Pooley

  • Lee has provided me with mortgages and appropriate insurance for both my home and lease properties. He is professional and works to get policies in place in an extremely quick time frame. I would certainly recommend Lee and CamOuse to anyone and I personally will continue to use their service.

    5 out of 5

    G Habbin

    Lee Pooley

  • I have been a client of CamOuse Financial Management Ltd for many years and have always found their services to be of the highest quality.

    5 out of 5

    N Parker

    Jo Kurz

  • Amazing company, very friendly, professional, and always on hand to give sound advice. My family has been utilising their expertise for many years and have never been let down.

    5 out of 5

    S Bradley

    Jo Kurz

  • Sound financial advice and planning. Responsive and friendly service.

    5 out of 5

    B O'Connor

    Jo Kurz

  • The whole team at CamOuse are friendly, professional and always look after your best interests. Thanks for your help!

    5 out of 5

    G Hall

    Lee Pooley

  • We've only been with CamOuse just over a year but would highly recommend them. We deal with Matthew who is an excellent adviser, always very responsive to questions and goes the extra mile to help.

    5 out of 5

    P Carter

    Matthew Theobald

  • I was so pleased and relieved to find this company.  Particularly pleasing is their communication - it's jargon-free, concise and clear.  We've been very happy with advice given thus far, and also their responsiveness whenever we've had any queries.

    5 out of 5

    A Cant

    Jo Kurz

  • We used Lee at Camouse to arrange our mortgage and can highly recommend him to provide an honest and professional service in this area. We will certainly return to Lee for remortgage advice in the future.

    5 out of 5

    A Attewell

    Lee Pooley

  • Would like to extend our thanks to you and your team for a fantastic customer service as always.

    5 out of 5

    E & R Mendoza

    Lee Pooley

  • We paid a small fee to Camouse for whole of market mortgage broker services. As first time buyers, Lee and Eve were able to guide us through the process, find us a deal and sort out the applications in a really helpful friendly and efficient way. We were very satisfied and would recommend CamOuse to others for this service.

    5 out of 5

    L Humphrey

    Lee Pooley

  • I was extremely pleased with the quality of the service I received when arranging a mortgage as part of a house sale and purchase through CamOuse. Lee and Eve were very easy to contact and always quick to respond. I would definitely recommend their mortgage arrangement services.

    5 out of 5

    G Dewdney

    Lee Pooley


CamOuse Financial Management is authorised and regulated by the Financial Conduct Authority.

None of the information contained in this website should be considered as personal recommendation and is for information only. Should you wish to make a financial transaction we recommend that you take personal financial advice after a thorough review of your personal and financial circumstances.

The information contained within the website is subject to the UK regulatory regime and is therefore primarily targets at customers in the UK.

Registered address: Unit 111, Lancaster Way Business Park, Ely, Cambridgeshire, CB6 3NX

Registered in England and Wales. Registered No: 5662116.

Peninsula: Accredited Standard

Understanding the true cost to your business

Pension arrangements must be available for all employees. There are three categories of employee:

Eligible

Aged between 22 and State Pension Age (SPA) with qualifying earnings over the Auto Enrolment earnings trigger

Non-eligible

Aged between 16 – 74 with qualifying earnings between lower threshold and the Auto Enrolment earnings trigger
 
Aged between 16 -21 or SPA – 74 with qualifying earnings over Auto Enrolment earnings threshold

Entitled

Aged between 16 -74 with earnings below the qualifying earnings lower threshold

Important Notes

  1. Eligible jobholders must be auto-enrolled
  2. Non-eligible jobholders are allowed to be auto-enrolled if they want to
  3. Entitled workers are entitled to join a pension scheme, but the employer doesn't have to contribute

Qualifying Earnings lower threshold

£5,772

Qualifying Earnings upper threshold

£41,865

Automatic Enrolment earnings trigger

£10,000

Minimum contribution level options:

8% of Qualifying Earnings of which

3% is employer's (starting at 1%)

9% of Basic Salary of which

4% is employer's (starting at 2%)

8% of Basic Salary of which

3% is employer's (starting at 1%)

(Where basic salary is at least 85% of total earnings)

7% of gross earnings of which

3% is employer's (starting at 1%)

Pay reference period

Essentially the frequency that the jobholder is paid e.g. monthly, weekly etc. but with reference to the tax month, week etc. therefore it may not be the same as the payroll period.

Deduction and payment of contributions

It is the employer who is responsible to calculate, deduct and pay all contributions to the AE scheme. NOTE – the first and last contributions are likely to be for less than a full pay reference period and should be adjusted accordingly.

Payroll services

It can be seen that it is very important that the payroll system synchronises with the AE scheme otherwise the employer will not be carrying out all requirements and then penalties will be incurred.

Staging date

Based on the employer’s payroll size as at 1 April 2012 and can be found at www.thepensionsregulator.gov.uk/employers using your PAYE reference. The Qualifying Workplace Pension Scheme must be registered with The Pensions Regulator within 4 months of the staging date.

Compliance and communication

Postponement

Auto-Enrolment can be postponed for up to 3 months:

  • For current eligible employees
  • For workers that meet the criteria in the future for the first time e.g. avoid joining temporary or lower paid workers

Opt-Outs

All eligible employees must be auto-enrolled, but can, with the correct notification, opt-out within one month of joining the scheme and be treated as never having joined. They can opt back in and will automatically be auto-enrolled every 3 years in any case!

Communication

There is a wide range of information that must be provided to all employees at certain times, such as:

  • The date auto-enrolment took place for eligible jobholders
  • That non-eligible jobholders have the statutory right to opt in
  • Entitled workers have the right to request the employer to enrol them into a pension scheme

Salary sacrifice

Contributions can be paid by effectively reducing salary, which saves on NI contributions, but employee must choose to do this – they cannot be forced, so a contractual variation will need to be implemented.

Default investment fund

Investment Options

All eligible employees will be automatically invested into a default investment fund, which is a balanced risk fund that is “life styled” to account for the employees approach to retirement. They also have the option to invest in a wide range of funds of their choosing.