With the current tax year soon to end, now is the time to make sure that you’re being smart with your money and using all the tax breaks available to you.
Retirement Articles
Preparing for an Adviser Meeting
If getting your finances into shape is on your to-do list for 2023 then you might be planning to see a financial adviser who can help.
What does inflations mean for my pension?
The cost of living crisis is biting, which has prompted many families to look more closely at their money matters.
Five New Year resolutions for 2022
The beginning of a New Year presents the perfect opportunity to explore a shaping up your finances.
INTERGENERATIONAL WEALTH: IT’S FAMILY BUSINESS
The number of families with multiple generations in retirement at the same time could rise in the future with the average life expectancy likely to increase.
THE PENSIONS SAVINGS MYTH
There’s a whopping £2.6 trillion[1] invested in UK pension schemes. Yet new research tells us that only a third of people know that their money is actually invested in the stock market.
Don’t underestimate the importance of estate planning – and making a Will.
The idea of having to pay inheritance tax (IHT) is unpopular to say the least. This tax is charged on an estate, which is the property, money and possessions left behind to loved ones who will pay 40% anything above the threshold.
The mystery of the missing pensions
It’s been widely reported that millions of people have lost track of their workplace pensions as people change jobs and move house so often.
Pension Drawdown Explained
If you need regular income throughout your retirement, pension drawdown could provide this by using your own pension pot. Is this the answer for your retirement needs?
Changing priorities for pensions
Over the years there have been many recommendations on the best route to take for your pension with a common perception that everyone should start young, to benefit from compound interest. The Institute for Fiscal Studies (IFS) may have changed this thought process. In a recent survey the IFS has called the government to nudge people to save more into pensions once their children have left home.
Investing for all
With just a couple of weeks to go until the tax year ends, many investors will be finalising their plans to use up their 2020/21 allowances, including the annual £20,000 ISA allowance.
