Want to help give the younger generation a boost?
One in twelve grandparents use property wealth to support grandchildren There’s no denying that grandparents have a wealth of knowledge and life experience to offer their grandchildren, but increasingly, they’re also able to provide much-needed financial support. With housing prices remaining sky-high, many homeowners are turning to the value in their homes as a way […]
Passing on assets tax-efficiently
How to ensure that your wealth is preserved for future generations Are you concerned about the impact of Inheritance Tax (IHT) on your estate? It’s natural to want to leave behind a legacy for your loved ones, but without the right plan in place, a significant portion of your wealth could be subject to Inheritance […]
Think of life insurance like a safety net
Make sure your dependents have the money they need if you were no longer around When it comes to ensuring that your family is taken care of in the event of your premature death, life insurance is invaluable. It’s important to recognise how life insurance can help protect your financial interests and those of your […]
Gender pension gap
Gap in pension benefits between men and women widens For many women, the decision to work part-time often coincides with important career and childcare milestones. While pension contributions may not be the deciding factor for this decision, it’s important to understand the long-term impact on pensions. This knowledge is crucial for good financial planning.
Building up more tax-free money in your pension
Changes present significant opportunities for various individuals When making contributions to your pension, it’s important to keep in mind that there’s a limit to how much you can contribute each year without incurring additional taxes. This limit is known as the pension Annual Allowance.
Time to give annuities another chance?
Nearly one million pre-retirees considering annuities Pre-retirees, aged over 55 and still in work, are considering annuities for the first time in preparation for their retirement, according to new research[1]. Nearly one million (990,000) people fall under this category[2]. Of these, 16% are thinking of the product due to improved rates against the backdrop of […]
I have a Will, so why do I need a Lasting Power of Attorney?
Making decisions in relation to your financial affairs, health and welfare It is critical to consider the potential consequences of not having a Lasting Power of Attorney (LPA) in place. Many people assume that their loved ones or close relatives will automatically have the authority to make decisions on their behalf. However, this is not […]
Securing an income stream for the rest of your life
Deciding what to do with your pension fund can be a complex decision Are you approaching retirement age and have a pension fund that you need to decide what to do with? There are several options available to you, but one option is to buy a lifetime annuity. An annuity is a financial product that […]
Taking a proactive approach to retirement planning
Many of today’s workers are often left to their own devices to save for life after work It’s no secret that the traditional approach to retirement planning is becoming increasingly obsolete. While previous generations may have depended on their employers to provide them with a comfortable retirement, many of today’s workers are often left to […]
Taking a personalised approach
Current financial situation, retirement goals, and lifestyle preferences One of the most important steps in retirement planning is taking a personalised approach that takes into account your current financial situation, retirement goals and lifestyle preferences. It’s never too early or too late to start planning for retirement, and the earlier you start, the more time […]