Maximising your earnings or laying down a robust financial plan As you sail into your 50s, it becomes pivotal to consider your financial strategy. Life has likely found a steady rhythm by now. Children have probably taken [...]
The significant decision of choosing a private school for children Choosing the right educational path for your children is one of the most significant decisions you will make as a parent. Among the many considerations, private schooling [...]
Many pensioners may face a potential tax pitfall as the State Pension escalates and Income Tax bands remain fixed. Pensioners are set to see a substantial increase in their income next year. The State Pension is projected [...]
A year marked by several tax changes that impacted higher rate taxpayers As we approach the end of the year, taxpayers should begin assessing their tax obligations. This is not a task to be left to the [...]
The end-goal of scammers is to persuade you to transfer your pension savings to a place where they can get their hands on your cash. They don’t care who you are or that their scam could ruin your [...]
Thinking about the amount of money you need to retire can be daunting, but it’s important to have a savings target in mind to fit your desired lifestyle in retirement, that you can work towards. Analysis of government [...]
Pensions can be a tax-efficient way of passing on your wealth because they are usually exempt from Inheritance Tax. Find out more about your options here. What is Inheritance Tax? Inheritance Tax (IHT) is a tax on your [...]
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 [...]
