There’s an old saying “You can’t take it with you”. But you can leave it behind as part of an inheritance. Ensuring that your descendants get the most from your gift takes some planning. In this post we run over some of the ways you can do that. If you’d like to talk to us […]
It is essential that you start to plan for your retirement as early as possible so that you are able to live comfortably in the knowledge that your lifestyle needs are covered. This will mean careful consideration of your pension fund throughout your working life. With retirement planning, it is important to take into account […]
Many people have lots of questions about the UK State Pension and retirement planning so we created this Frequently Asked Questions post to help answer as many questions as we can. If your question isn’t answered here call us on 0113 436 0110 or fill in our contact form we’ll be happy to help. How […]
The pension lifetime allowance is a limit on the value of payouts from your pension schemes – whether lump sums or retirement income – that can be made without triggering an extra tax charge. The lifetime allowance for most people is £1,030,000 in the tax year 2018/19. It applies to the total of all the […]
When it comes to managing money, one of the things some people find most difficult to understand is the tax relief they receive on payments into their pension. Tax relief means some of your money that would have gone to the Government as tax goes into your pension instead. You can put as much as […]
Individual Savings Accounts (ISAs) have been around since 1999 and are tax efficient investment wrappers in which you can hold a range of investments, including bonds, equities, property shares, multi-asset funds and even cash, giving you control over where your money is invested. ISAs are a highly tax-efficient way to save or invest your money […]
If you do not know where you are going, how will you know when you get there? This is very true about financial goals. You need to set financial goals to help you make wise financial decisions, and also as a reward for your efforts. Goals should be clear, concise, detailed and written down. Unwritten […]
In the current economic climate, with interest rates still around record lows, investing in the markets could enable you to achieve an inflation-beating return and help you reach your long-term financial goals. If you’ve got sufficient money in your cash savings account – enough to cover you for at least six months’ worth of living […]
Working out the best way to use your pension, can seem daunting. Whether you plan to retire fully, reduce your hours gradually or to carry on working for longer, you can now tailor when and how you use your pension – and when you stop saving into it – to fit with your retirement plans. […]
Thinking about what you want to invest your finances in isn’t something you should do just on the spur of the moment, though it can be tempting if a “great” opportunity comes along. Take the time to think about what you really want from your investments and how that will help you reach your long […]
‘WILL I BE ABLE TO AFFORD THE RETIREMENT LIFESTYLE I WANT?’ IS A QUESTION THAT MANY PEOPLE ASK BUT STRUGGLE TO FIGURE OUT. THERE ARE MANY WAYS TO ASSESS YOUR LIKELY INCOME IN RETIREMENT AND WORK OUT HOW MUCH YOU NEED TO PUT AWAY NOW TO ENJOY THE KIND OF LIFESTYLE YOU WANT IN LATER […]
FUNDS OF THEIR DAY The investment company sector has always been innovative – the first collective investment vehicles in the late 1800s were, after all, closed-ended funds. Many of the early launches were investing in the American railway boom; they were, perhaps, the original infrastructure funds – the alternative assets funds of their day. According […]