These articles help you understand your financial needs and aspirations
Welcome to our latest edition. Are you fed up with your nine-to-five? There are many factors that can influence when someone decides to retire. For some, it may be based on health reasons, while others may want to take advantage of government benefits or simply enjoy a more relaxed lifestyle. However, one of the most common factors that determines when people choose to retire is their age. On page 10 we look at what is the most popular age to retire early. New research reveals the key steps people have taken to embrace early retirement and examines the costs and benefits of doing so.
Welcome to our March/April 2022 magazine. Inside, we look at why now is the time to make sure you protect your wealth. The word ‘inflation’ had barely featured in the market’s vocabulary in the last three decades until it suddenly started to come back with a vengeance in 2021. As higher inflation looks set to persist throughout 2022, on page 09 we consider why finding ways to generate a return on investments greater than inflation will be a key investment theme – otherwise your wealth falls in real terms.
Articles featured in this issue:
Getting ready to retire?
Bolstering your retirement lifestyle as you approach retirement
Invest your way out of inflation
Why now is the time to make sure you protect your wealth
Looking to build a bigger pension?
Don’t miss the deadline to give your pension savings a boost
Improving your financial health
Staying on track to achieving specific financial goals
How much do I need to save to retire?
Questions to help you live your best life in later life
‘Time is money’
5 principles of investing everyone should know
You work, you save and then you retire
Behavioural patterns shaping our way of investing, for better or worse
Savers still recognise the importance of long-term planning
Disrupting social plans leads to savings surge
Britons saved almost £4bn as a result of the Omicron variant
‘Job for life’ a thing of the past
Most Millennials and Gen Z have two or more pension pots
Roadmap for investors
Increased confidence portfolios will perform well in 2022
Will I be able to retire when I want to?
Financial planning and advice for the ‘unretired'
What will your legacy look like?
How confident are you about your retirement?
Hopes, fears and aspirations of people approaching and in retirement
Smart money habits
Best practice, smart money habits
Extending the scope of the trust register
Deadline for non-taxable trust registrations announced
Unlocking cash from the value of your home
Homeowners release a record-breaking £4.4bn in property wealth
Protect yourself, your family and your future
As another tax year end approaches, it’s important to finalise your 2021/22 tax planning to reduce your obligations wherever possible.
The current tax year started on 6 April 2021 and ends on 5 April 2022.
Reviewing your tax affairs now will enable you to make the most of any allowable deductions and strategies available to minimise or mitigate a potential tax burden.
Identifying any tax planning opportunities
Check your PAYE tax code
Transfer part of your personal allowance
Contribtue up to £9,000 into your Child's Junior ISA
Utilise Capital Losses
Maximise Pension Contributions
Pay Pension Contributions to save NICs
Make a Will
Leave some of your estate to charity
Make regular IHT Free Gifts
Use the IHT Marriage Exemption
UKRAINE - RUSSIA CRISIS
Why investors should take a long-term perspective and not panic
On the 24 February the Russian President, Vladimir Putin, ordered a military invasion against Ukraine. A war that many considered unthinkable had begun. Russia’s invasion of Ukraine has sent shockwaves through pretty much every asset class across the globe.
But if you are a long-term investor the best course of action for most individual investors is to keep calm and carry on.
Selling into a falling market is the opposite of what successful investors do. Equally important is the fact that no one knows what Russia’s invasion of Ukraine ultimately means for everything from energy prices to monetary policy. And then there’s the case that, historically speaking, stocks tend to recover quickly after being derailed by international turmoil.
Welcome to our latest edition. Inside, we look at New Year’s tax saving resolutions to make sure you are fully utilising your relevant tax planning opportunities. With the tax year end (5 April) on the horizon, taking action now may give you the opportunity to take advantage of any remaining reliefs, allowances and exemptions. On page 08 we have provided some key tax and financial planning tips to consider prior to the end of the tax year. Now is also the perfect time to take a wider review of your circumstances and plan for the year ahead.
Adult social care charging reform
What will the government’s proposals mean for the social care system?
Improve your financial life
Setting a financial New Year’s resolution you’ll actually keep
How green is your pension?
Get ready to beat the ISA deadline
Time to give your financial future a boost?
New Year’s tax saving resolutions
Make full use of your relevant tax planning opportunities
Time to bring your pensions together?
3.6 million Britons have lost track of their pension savings
It may be time to invest your cash
Is your wealth protected from the damaging effects of inflation?
How much income will you receive from your State Pension?
Knowing what to expect can be an important part of planning for life after work
Create a better world to live and retire in
Pension investments to harness a more sustainable planet
The importance of financial protection
Millions battling with financial hardship, relationship stress and sleepless nights
Across the generations
Pandemic forces people to reassess their finances
Mind the pension gender gap
Women are being urged to think about their long-term savings
Could equity release fund your future?
Freeing up funds or releasing money tied up in your home
Missing midlife workers
Redundancy pushes over-50s out of the workforce
What’s your magic number?
Keeping up your current lifestyle and enjoying your golden years
Live sustainably: how to be a conscious consumer
The everyday choices we make all have impacts on our planet
Saving for a rainy day
What’s the right emergency fund amount for you?
What matters to you?
What you want your wealth to achieve will be unique. It may involve your family, your business and other interests - as well as the social or environmental causes you are passionate about. We can help you achieve the financial future you want for you and your family – please contact us.
Welcome to our November/December 2021 magazine. This issue was written prior to the Chancellor of the Exchequer, Rishi Sunak, presenting the second UK Budget of 2021 on Wednesday 27 October. We will look at the key announcements included in the Chancellor’s red box in the next issue.
Change to the State Pension triple lock
Pensioners ‘deeply disappointed’, particularly women and self-employed
UK pensioners underpaid
More than £1 billion in State Pensions impacted due to ‘repeated human errors’
Festive gifts that teach children the value of money
Why parents should look to Christmas investment gifts instead of toys
How can I protect my wealth from inflation?
Five questions to ask before inflation really takes off
Minimum pension age on the up!
Increase intended to align with the raising of the State Pension age
Pensions and retirement still remain a taboo
When it comes to marriage and money, it’s good to talk
The power of a plan
How to create a personal financial plan in 8 steps
Planning for early retirement
What are the financial consequences of stopping work in your 50s?
Pandemic triggers shift to saving
People thinking more about their spending and financial priorities
A third of Gen Xers not confident they can fund their retirement
Investing with impact
How ESG creates long-term value
Post-lockdown boost to financial wellbeing fades
Continuing impact on people’s physical health and financial wellbeing
New vision for older workers needed: retain, retrain, recruit
Age discrimination impacts job prospects of three million over-50s
Is freedom today hurting freedom tomorrow?
Tax-free cash allowances putting some retirements at risk
Significant impact on retirement prospects and planning
£5.3 billion lost from over-50s’ retirement pots throughout the course of the pandemic
What do your retirement plans look like?
Pandemic sparks a surge in over-50s seeking professional financial advice
Planning for the road ahead
Gen Z’s caring nature supporting both themselves and loved ones
Welcome to our September/October 2021 issue.
Inside, we look at how having a financial plan in place early on can make it easier to manage your money further down the line. It’s never too early to make a financial plan. The sooner you work out your goals and start following a plan to achieve them, the more likely you are to succeed. On page 06 there are three key questions to ask yourself when building your financial plan. Don’t forget: vision without action is merely a dream.
Articles featured in this issue:
Top pension tips if you’re about to retire
Understanding your options and putting a plan in place
Making inheritance gifts from surplus income
Are you making use of this useful and much under-utilised exemption?
What’s happening with inflation?
Easing of lockdowns boosts consumer confidence and unleashes pent-up demand
Build your own financial plan
Vision without action is merely a dream
Preparing for the unexpected
Protection should be a core part of your financial plan
Time for pensions to contribute towards building a better world
New landmark report from the United Nations on the state of climate science
Coping with life-changing events
Plan for tomorrow, live for today
How to trace multiple old pension pots
Over time, pension schemes close, merge or become renamed
How has COVID-19 affected retirement plans?
Attitudes and aspirations of this year’s retirees
Property wealth boost
Older homeowners receive £1.94 billion
Minimising the impact of Inheritance Tax on your estate
Gender pension gap
British women impacted at every stage of career
Gen Xers expected to face significant challenges in retirement
Intergenerational financial planning
COVID-19 increases desire for sustainable investing for half of UK adults
Retirement plans being put in jeopardy
Pandemic threatens pushing over-50s into pension poverty
What will happen to your pension when you die?
Providing an income or nest egg for your loved ones to enjoy, long after you are gone
Keeping it in the family
Two in three people accessing advice share same financial adviser as their parents
Coronavirus alters retirement plans
One in eight older workers extend their planned retirement age
Planning for a better financial future
Have you made sure your plans are still on track?
Welcome to our latest edition. Inside this issue, the unique combination of tax breaks and flexible access available to pensions makes them a compelling choice when saving for retirement. We look at one of the key benefits of saving into a pension rather than another type of savings or investment vehicle – the generous tax relief you’re entitled to receive. Making the most of pension saving involves maximising tax relief and allowances which could substantially boost your retirement savings.
Articles featured in this issue:
How to minimise a Capital Gains Tax bill
Retirement planning journey
What you need to consider at every life stage
Protecting family wealth
Start planning your legacy to mitigate or reduce Inheritance Tax
Are you claiming all of the generous tax relief you’re entitled to?
‘It’s not what you earn, it’s what you keep’
The potential impact to your expected retirement income over time
Reappraisal of urban living
Three million people in the UK aged over 50 considering relocating
Mind the divorce gap
Women see incomes fall by 33% following divorce, compared to just 18% for men
Protect yourself from pension scams
Understanding the warning signs to keep your money safe
Plan for tomorrow, live for today
Helping you achieve your financial goals
How to future-proof your finances as a parent
A momentous event that can change every aspect of your financial stability
Creating wealth for children
Investing isn’t just a luxury reserved for adults
Changing tax landscape
Time to take a different view and organise your financial affairs?
Pension Lifetime Allowance
Do you need to take action to avoid risking additional tax charges in retirement?
Plan the perfect retirement
Creating a comfortable, secure retirement takes care and forethought
Evolution of ESG investing
Changing face of consumer ethics and behaviours
Money’s too tight to mention
Looking to retire from work, not a paycheck?
Looking for a wider choice of investment options?
No such thing as a ‘no-risk’ investment
Knowing how much risk you are comfortable taking is key
Intergenerational planning and wealth transfer between advised families
Pension tax relief
27% of people surveyed did not know how it worked
Welcome to our latest edition. As we enter another new phase in the coronavirus (COVID-19) pandemic, each UK nation has set out a roadmap out of lockdown, a positive sign that we can hopefully start to get back on track both financially and emotionally.
Minimum pension age to increase
Age change to when people can start taking private pension savings
A new tax year, a new start for your finances
Creating a roadmap for your future financial success
Boost your pension savings
Planning to achieve your retirement goals sooner
What can you do with your pension pot?
Grandparents, grandchildren and money
Sharing your wealth during your lifetime can make a big difference
Will your pension run out early?
Impact on people opting for early retirement as a result of the pandemic
Plan for a better tomorrow, today
Pension lifetime allowance
How to stay within the limit to avoid a tax charge
It's good to talk
Getting financial help during the coronavirus (COVID-19) pandemic
Steps towards a better financial future
Grow, protect and transfer your wealth
Investing today to help make a better tomorrow
Answers to the myths about your pension questions
Time to look at the ‘big picture’?
Discovering the emotional benefits of financial advice
The Golden Years?
Be better off in retirement
Live the life you want
How much pension income will you need for a comfortable retirement?
Funding your child’s future lifestyle!
Early preparation in life is key to becoming financially independent
Preparing yourself, your family and your business for the future
Unlocking property wealth
Plan for the worst, hope for the best
Peace of mind that you’re on the right track
How to plan for a confident retirement to live the lifestyle you want
What was announced in Chancellor Rishi Sunak's speech?
How much annual income will you receive from your pension and savings?
Generation Xers chronically under-saving
57% face financial difficulty in retirement years
Welcome to our latest edition. At the time of publishing, Chancellor of the Exchequer Rishi Sunak had not delivered his Budget 2021 speech. We’ll look at the key announcements and how these could affect your personal, family and business finances in the next edition
Articles featured in this issue:
Passing on pension benefits
Providing for your loved ones after your death
ISA deadline 5 April 2021: use it or lose it
Make the most of the tax breaks before it’s too late
Invest today. Change tomorrow
Tax planning reimagined
Identifying the best options to preserve your wealth
Planning your financial future, and how to get there
Reduce your Inheritance Tax bill
10 ways to protect your estate for your loved ones
Planning ahead for your financial future together
How to ensure your money is protected from rising inflation
Where can you turn if you want to invest tax-efficiently?
Investing for your child's future
Even small amounts can build up a substantial nest egg
Protection for you and your loved ones
How much is the State Pension?
Understanding what you’ll receive and when
Financial support to younger members as a direct result of the pandemic
Life events that professional financial advice can help you navigate
Are you giving yourself the best chance of success?
Funding long-term care
How much will it cost to enjoy life in later years?
Time to widen your range of investment choices?
COVID-19: third of retirees fearful due to negative impact
Suspending pension contributions
Think carefully about how action taken now could affect your retirement
TAKING TIME TO UNDERSTAND YOUR FINANCIAL PLANS WILL REALLY PAY OFF
Inside this bumper edition, there are all sorts of financial planning considerations from "Why cash may not always be king?" to "more taxing times on the horizon".
With the end of the tax year fast approaching some considerations for you to read up on, notably using your ISA allowances.
10 STEPS TO HELP YOU BUILD A BETTER FINANCIAL FUTURE
Inside, we look at a number of different topics to help you accomplish what matters most to you and your family as the festive period approaches.
In these uncertain times, it can help to focus on the things you can control. And working out what your money’s doing for you now and where it might come from in the future can give you real peace of mind.
STATE PENSION AGE RISES
How could the change impact on your retirement plans?
PLANNING FOR SUCCESSION
How will you ‘slice up your wealth pie’?
NEW RESCUE DEAL FOR JOBS AND FIRMS
Chancellor Rishi Sunak unveils three extra support measures
FINANCIAL ACTION PLAN
10 steps to help you build a better financial future
GROW YOUR MONEY
Invest in a better future
Focus on what you can control
FESTIVE FINANCIAL GIFTS
Deciding on the right investments for the children in your life
THE CRITICAL FACTOR
Life-changing cover, for life-changing events
HOW TO MAKE THE MOST OF THE VARIOUS PENSION ALLOWANCES
As the world continues to work out how to live with the coronavirus (COVID-19) pandemic, many will agree that the new normal needs new thinking.
The pandemic has unleashed changes that seemed unthinkable only six months ago. Along with the health, safety and well-being of family, friends and loved ones, the new normal has also highlighted the need for "financial guidance and support during this turbulent period.
NO DESIRE TO RETIRE
Why working and retirement are no longer binary terms
INVESTING DURING RETIREMENT
Why it’s important not to view your portfolio with an element of finality
PLANNING TO LEAVE A FAMILY LEGACY?
Impact of coronavirus (COVID-19) on Will making
Pandemic forcing a widespread rethink of retirement plans
REWRITTEN RETIREMENT RULES
Looking to discover what you can do with your pension pot?
Financial fall-out of divorcing in middle age
TAKE IT TO THE MAX
How to make the most of the various pension allowances
CARE IN LATER LIFE
Making the difficult choice between live-in care and a care home
WILL MY RETIREMENT INCOME BE ENOUGH TO LIVE COMFORTABLY?
At the time of writing this issue, Sajid Javid had resigned as Chancellor of the Exchequer with less than a month to go until Budget Day. His replacement, Rishi Sunak, will deliver the Budget on 11 March 2020. In our next issue, we’ll look at the key Budget announcements and how they could affect your finances.
TOP 4 TIPS FOR GOOD TAX PLANNING
What should I consider before the end of this tax year?
TIME TO GIVE YOUR PENSION POT A BOOST?
Planning ahead for the financial future you want
Don’t put all your eggs in one basket
PRESERVING YOUR LEGACY
How to keep your wealth in the family
PLANNING FOR TOMORROW
Will my retirement income be enough to live on comfortably?
DIVORCEES RISK LOSING OUT ON PENSIONS
Dividing this asset is of vital importance to avoid pension poverty
£19m released each day since pension freedoms launch
2019/20 ISA ALLOWANCE – USE IT OR LOSE IT
Maximise your wealth creation – don’t miss the deadline
FOCUS ON LONG-TERM INVESTMENT OBJECTIVES
Inside this issue, we look at a number of the topical financial planning stories making the news agenda.
Creating and maintaining the right investment strategy plays a vital role in securing your financial future. But we live in the era of the 24-hour news cycle, and ‘bad news sells’. The investment world can be unpredictable and investors currently have plenty of bad news to process, with a plethora of events making the daily and even hourly news headlines – from the US-China trade conflict and oil price volatility, to Britain’s exit from the European Union.
‘SLEEPWALKING’ INTO RETIREMENT
How much will you need to save to afford a comfortable retirement?
Make the most of your valuable allowances, reliefs and exemptions
CULTIVATE THE ART OF PATIENCE
Avoid knee-jerk reactions by focusing on long-term investment objectives
FOR RICHER, FOR POORER
Pension and asset advice should be part of the divorce process
WOMEN’S STATE PENSION AGE CHANGES
Government’s bid to ensure ‘pension age equalisation
Use your ISA allowance or lose it forever
EVERY JOURNEY STARTS WITH A DESTINATION
Looking at the bigger picture for your wealth and security
5 tips that add up to teaching your child about money matters
WAIT FOR THE BAD WEATHER TO PASS AND STAY THE COURSE
Inside, you’ll find an array of articles about how we can help you further to plan, grow, protect and preserve your wealth. As we all know, the ultimate goal money can buy is financial freedom.
Volatility fluctuates based on where we are in the economic cycle, but it is a normal feature of markets that investors should expect. From the unfathomable Brexit playbook and the continued prominence of populist ideology to unconventional US foreign policy and the retirement of Draghi, the highly respected European Central Bank president, uncertainty prevails.
Should I invest into a pension or an ISA?
How to prepare your portfolio for inflation
HEALTHY, WEALTHY AND WELL ADVISED
Financial complexities of passing on wealth
CHOPPY WATERS, NOT FULL-ON GALE
Wait for the bad weather to pass and stay the course
Your destiny is now in your own hands
‘Top 5’ list of planning areas
SHOW ME THE MONEY
Turning pensions into money you can use
PROTECTING WHAT MATTERS
Those dearest to us, and those financially dependent upon us
NO LONGER SOMETHING THAT ONLY AFFECTS THE VERY WEALTHY
MAY / JUNE 2019
At the time of writing this issue, the uncertainty around the terms of Brexit have been extended to a new deadline set for 31 October. All we can do is expect the best, prepare for the worst and capitalise on what comes.
Inheritance Tax is no longer something that only affects the very wealthy, but the good news is that there are ways to limit the amount of Inheritance Tax your family may potentially face.
NEW TAX YEAR
The key changes you need to know
BUILDING A DIVERSE PORTFOLIO
Time, patience and making informed decisions
No longer something that only affects the very wealthy
TRACING A LOST PENSION
Nearly £20 billion unclaimed money and growing
Pension freedoms usher in a new generation
Half a million workers past pension age could be paying unnecessary tax
WHY SILENCE ISN’T NECESSARILY BLISS
Over six million adults refuse to discuss their Will with loved ones
Spreading risk by accessing different types of assets
PLANNING FOR THE RETIREMENT YOU DESERVE
MARCH / APRIL 2019
Robert Kiyosaki, the American businessman and author of the best-selling book Rich Dad, Poor Dad, once remarked, ‘Making money is common sense. It’s not rocket science. But unfortunately, when it comes to money, common sense is uncommon.’ As we continue into 2019 with the uncertainties surrounding Brexit, we look to de-mystify the ever-changing landscape of the financial world.
TRUST IN YOUR INVESTMENTS
Investing for income or growth, or both
Living a less complicated life!
LIFE AFTER WORK
Planning for the retirement you deserve
YOUR ISA, YOUR FUTURE
Time to reimagine how to invest more tax-efficiently?
Greater responsibility on individuals to plan for financial security in old age
BREXIT – WHAT NEXT?
NO PAIN, NO GAIN
Planning to get you where you want to be
Planning your legacy
MAKING NEW YEAR’S TAX SAVING RESOLUTIONS
In this New Year edition, the start of 2019 is the optimum time when you may be thinking about resolutions and plans for the year ahead and beyond. It’s a good time to start planning your tax affairs before the end of the tax year on 5 April. And as you think about 2019 and your goals for the coming year, we’ll help to start you off on the right financial footing. Turn to page 04 to find out more.
Move to equalise male and female pension ages
Making New Year’s tax saving resolutions
EXPLORING YOUR ISA OPTIONS
Time to give your financial future a boost?
Treasury enjoying a tax bonanza from pension withdrawals
FOR THE LIFE YOU WANT
Building up your nest egg is more discipline than difficult
LOOKING AT THE BIG RETIREMENT PICTURE
Considering making contributions ahead of the tax year end?
KEEPING IT IN THE FAMILY
Careful planning can reduce or even eliminate the Inheritance Tax payable
Not putting all your eggs in one basket
IDENTIFYING MULTIPLE RISK PROFILES FOR MULTIPLE GOALS
As a parent, guardian or grandparent, you’ll want to provide the best future for your children or grandchildren that you can. Christmas is an excellent time to encourage children to start thinking about the value of money. Many children have hundreds of pounds spent on them at Christmas, but could that money be put to better use? Download and go to page 04.
AVOID THE MAD MARCH RUSH
Get a head start on your tax planning resolutions
Building wealth for a solid financial future
YOU HAVE ONE LIFE, SO INVEST WISELY
Identifying multiple risk profiles for multiple goals
A pension could well be the biggest single asset in the relationship
Planning the best route for the next generation
The greatest strains on physical and mental health
Impact of rising prices on investments
Financially squeezed between elderly parents and children
Pension savers risk a significant tax bill
As the poet and playwright Oscar Wilde once commented, ‘When I was young I thought that money was the most important thing in life; now that I am old I know that it is.’ And with these pertinent words in mind, inside this issue, we look at a number of topics designed to keep you up to date and help you plan to meet any changes in your life and financial circumstances.
Workers extend their careers for a multitude of reasons
SEIZE THE DAY – TODAY
Make your vision a reality
CASH MAY NOT BE KING
Pension savers risk a significant tax bill
Families left in a precarious situation if the unforeseen were to happen
SHOULD I STAY OR SHOULD I GO NOW?
Key aspects that influence retirement decisions
LOOKING TO THE FUTURE
Taking the steps now to prepare yourself for retirement
Impact investing without sacrificing returns or profits
GENERATION STILL TAXED
Numbers nearly double in the last two decades