In the investing world, the allure of quick profits and instant gratification often tempts some investors to employ a ‘market timing’ strategy. This method involves buying or selling financial instruments based on predictions of future market price movements. [...]
TAX-SAVING MEASURES WHAT ACTIONS TO REVIEW BEFORE THE 2023/24 YEAR-END? Welcome to the January/February 2024 edition of Smart Money. The tax landscape has witnessed considerable changes, making the situation more challenging for taxpayers and investors alike. As we [...]
Combining your pensions could help you save money and keep track of your finances more easily. Discover the pros and cons here. If you’ve worked for several employers throughout your career, you might have accumulated multiple pension plans. [...]
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 [...]
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 [...]
