SIGnet Taunton

18/11/2025

December SIGnet Investment Discussion Group meeting - Taunton, Somerset group - members attend from around the south-west, Somerset and Devon

This is a reminder for the Taunton group meeting, our last meeting of 2025 scheduled for Monday 8 December 2025. The venue as usual is the Taunton and Pickeridge Golf Club, Corfe, Taunton TA3 7BY - just off the B1370 from Taunton. We meet every 1st Monday in the month unless otherwise advised.
The Taunton group SIGnet Competition is ongoing and we will discuss our investments and our progress at this meeting.
This month Tom Entwistle will give a presentation on the Autumn Budget (26 November) and its implications for equity investors and the wider economy.
A general discussion follows on members' investments, buys and sells and any topic of interest on investment opportunities.

Caroline has set-up a Taunton SIGnet WhatsApp group, so if members wish to join in let her have your details via email or when we meet.
We also have a Taunton SIGnet page, so feel free to post anything you think may be of interest here - https://www.facebook.com/SIGnetTaunton
If you would like to participate, message us.

SIGnet - the Serious Investor Groups network - offers regular informal social group meetings for interested private investors. Free ranging stock market discussion and mutual learning across a UK national network of local groups.

10/11/2024

Meeting report - SIGnet Taunton: Monday 4 November 2024

Not a Budget for savers and investors!
That’s the conclusion of Taunton’s private investors’ group, held at the Taunton and Tiverton Golf Club on Monday.
Following last Wednesday’s Autumn Budget, Rachel Reeves’ pronouncements have left private investors reeling and revising their plans.
ISAs and Self Invested Personal Pensions (SIPPS) are popular vehicles which most savers and investors rely on. The group was relieved that ISAs remain untouched, enabling savers to build-up savings (already taxed through earnings) free income and capital gains tax.
But that’s not the case with SIPPs. These are pension savings which the government ostensibly encourages people to take-up. They have until now being passed on death free if inheritance tax (IHT). Not any more it seems, and the changes have SIPP holders scrambling to change their retirement plans.
SIPPs are now to be taxed as part of the holder’s estate, using up part of the Nil Rate Band (NRB), the tax-free allowance. So, savings paid into these private pensions, over many years in most cases, in the belief that they could be drawn down, or passed to the next generation tax-free, is shattered
This has come as a bombshell to those with substantial savings in their pension pots. The result: members plan to run-drawn down these funds earlier than planned and are discouraged from making future savings into these private pensions.
Further disquiet was expressed over the treatment of farmers and business owners whose assets are now to be subject to a 20 percent inheritance tax (IHT) charge above a basic rate of £1mn. For business owners it removes incentive to build their business.
Likewise, small-scale farmers. When a single tractor can cost a quarter of the basic £1mn allowance, farmers are in shock. Small farms rely on subsidies to break even, most make little by way of profits, so how will the next generation ever raise enough money to pay IHT liabilities?
The conclusion of the group: coupled with the other measures announced by Ms Reeves affecting business, this is not a Budget for economic growth.
Anyone interested in joining a local savings and investing discussion group – part of the SIGnet national network - contact [email protected]

07/11/2024

https://www.somersetcountygazette.co.uk/news/24166661.investor-discussion-network-signet-coming-taunton/

A national investor discussion group is coming to Taunton

19/10/2024

Why investing is easier today - why not join our investment discussion group (SIGnet) at the Taunton & Pickering Golf Club every first monday in the month?
Contact Tom Entwistle - [email protected]

SIGnet is trying to encourage more people to get involved in private investing

05/09/2024

New SIGnet investor discussion group starts in South West

The group is a part of SIGnet, an established network of investor groups that
gather regularly to talk about investment opportunities.
We have now mover to Taunton & Pickering Golf Club - https://www.tauntongolf.co.uk/
Meeting are held every 1st Monday in the month, 11am until around 2pm at the Taunton & Pickering Golf Club, Corfe near Taunton TA3 7BY.
The group (initially 7 members) intends to expand its member base from the
South West region, holding ten monthly meetings per year - August is excluded for holidays.
The group's goal is to improve investment skills among members from around the South-west, catering to both seasoned and aspiring investors.
According to a survey by Hargreaves Lansdown, only 23 per cent of UK citizens
invest in the stock market compared to around two-thirds of the American public,
prompting groups like SIGnet to attempt to bridge the gap.
Despite being an investment group, SIGnet does not function as an investment club.
There is no shared investment pool or collective decision-making, and financial discussions about individual's wealth are off the table.
Instead, the focus is fostering investing skills, personal decisions, and spotting
promising opportunities.
A Manchester SIGnet group member illustrated the benefits gained from his membership when he said:
"SIGnet for me has been life changing, it has played a big role in improving my knowledge and understanding of how to develop a safe investing process. I
applaud it for nurturing my knowledge and my wealth in a relaxed social
environment."
To join, reach out to Mr Tom Entwistle via email at [email protected]

This was our previous venue - https://tinyurl.com/372raxht