PRE-YEAR-END TAX PLANNING TAX-SAVING ACTIONS TO TAKE BEFORE THE DEADLINE Welcome to the March/April 2024 edition of Smart Money. As we approach the end of the current tax year on 5 April 2024, it’s an opportune moment to [...]
In the recent Autumn Statement, Chancellor Jeremy Hunt outlined a host of new measures designed to stimulate economic growth and ease the financial burdens on individuals and businesses. Here are the key points at a glance: National [...]
Strategies to minimise Retirement Tax Welcome to the November/December 2023 edition of Smart Money. In this Smart Money issue, as you sail into your 50s, it becomes pivotal to consider your financial strategy. Life has likely found a [...]
The pre-state pension gap is the amount of money you need to retire earlier than the state pension age of 68 - but the cost of retiring early can run into tens of thousands. For example, someone who [...]
Getting Retirement Ready Welcome to the July/August 2023 edition of Smart Money. In this issue, a comfortable retirement is a common financial goal, and contributing to a pension is essential to achieving it. Although retirement may appear distant [...]
Retirement can be an emotional time, many life changes are occurring and it’s very normal to feel a little bit strange. Financial questions and concerns are usually the main reason people don’t feel emotionally prepared to retire. It [...]
A trip of lifetime, more time with loved ones, securing financial freedom - these are just a few things people think of as you get closer to retirement. But what do you need to do to ensure you [...]
Sales of annuities have reached their highest level since 2014, surging 22% during the first three months of 2023 according to data from the Association of British Insurers (ABI), as more retirees look to lock-in deals with attractive [...]
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 [...]
