How to integrate emotional, financial and practical dimensions When it comes to your legacy, wealth transfer planning extends beyond the numbers. It’s not just about crafting a strategy for minimising taxes – although that remains vital. Today, successful [...]
Survey pinpoints several barriers threatening pension funds’ progress Sixty-five per cent of pension funds recently surveyed by the Pensions and Lifetime Savings Association (PLSA) have established a commitment to achieving net zero carbon emissions. Progress appears on the [...]
Make the most of your financial situation before the deadline The end of the tax year is fast approaching, ending on 5 April 2025. This is your opportunity to review your annual allowances and assess how best to [...]
Much will depend significantly on your goals, needs and long-term aspirations Receiving a substantial lump sum of money – whether from the sale of a property, a business, an inheritance or a bonus – can open the door [...]
Making the most of your 2024/25 tax allowances Investing your money wisely is more than just pursuing returns – it’s also about leveraging tax allowances to make the most of it. Individual Savings Accounts, known as ISAs, remain [...]
Why timing the market could be holding you back Are you considering delaying your next investment until the market drops? It’s a common notion, particularly among new or even experienced investors. The strategy of ‘timing the market’ – [...]
Taking a proactive approach to clarify your current financial standing The start of a new year is the perfect opportunity to take a step back and thoroughly reassess your financial situation. It’s a natural time to evaluate and [...]
Education is one of the most significant and rewarding investments you can make for your child For many students, starting university marks an exciting new chapter in life. It’s a leap forward in education and career aspirations but [...]
How could the range of changes impact your wealth planning? The Autumn Budget Statement 2024 introduced a range of changes that could significantly impact wealth planning strategies. From pensions and tax adjustments to shifts in the treatment of [...]
Ensure you’re well-placed to fund any future care needs Many people prefer to avoid the subject of long-term care. Most find it hard to contemplate going into a care home when they are older, but many will do [...]
Smart Money January / February 2025 Welcome to the January / February 2025 edition of Smart Money. Click to download
Exploring strategies to secure your family’s financial future The amount of Inheritance Tax (IHT) paid by families has dramatically increased over the past decade, increasing from £3.1 billion in the 2012/13 tax year[1] to £7.5 billion in the [...]
