Many people are feeling the pressure on their finances at the moment due to the backdrop of rising inflation and the cost of living soaring. In these circumstances, it can be difficult to think about your long-term finances [...]
Following the Chancellor’s Spring Budget announcement, Jeremy Hunt is going to abolish the Lifetime Allowance (LTA) to encourage people to continue working and avoid retiring early. The LTA is the maximum anyone can contribute to a pension - [...]
Build tax relief and tax-free growth into your retirement and pension planning and pay into your pension today, before the end of the tax year in April 2023. If you’re in a position to add to your savings, [...]
Congratulations! The time and effort you have put into building your career with your employer has paid off and you have received a promotion and a pay rise. But what should you do now? Perhaps book a holiday [...]
For many people their pension will form one of the biggest personal assets they own. It’s therefore important to consider how your pension can be securely passed on to your loved ones when you die. Unlike your other [...]
Inflation and your pension lifetime allowance In the UK, the pension lifetime allowance has been frozen at £1,073,100 until 2026, rather than rising with inflation. This could become an issue for investors who are set to build up [...]
A question we are often asked by clients who are first considering their retirement plans is, ‘will my workplace scheme provide enough for my retirement?’. This question is of course specific to each individual. What lifestyle you want [...]
While much of the information around pension planning is orientated to those with dependents, there are many people planning their retirement who are not in this situation. For those who do not have dependents, the question we are [...]
For most people, contributions to their pension will form a large portion of their life savings. As such, pensions need to be considered very carefully when estate planning. If you are in the fortunate position of having more [...]
The traditional view of retirement as a fixed end to working life has, in many ways, been upended by the pandemic. On the one hand, many people are now looking at how they can take flexible or early [...]
In times of high inflation, the potential for investments to reduce in value in real terms can cause a lot of concern for investors. In our current high inflationary period, where rates have reached 5.5%, it can be [...]
What are the key financial dates to consider? With inflation rising and speculation of interest rate rises to compensate, households are likely to see a significant jump in their monthly outgoings over the coming year. For investors, the [...]
