How Long Will Your Pension Pot Last?
According to recent research conducted by Royal London, a high number of people may be taking too much out of their pension pot. This means they may risk jeopardising their retirement plans as they’ve not left enough to last until they pass away.
How Can a Financial Adviser Help You Make the Most of Your Pension?
Without strong financial advice or strategic planning, minor withdrawals from your pension can have major adverse effects. There are many pension owners who do not have a financial adviser who can help you make smarter decisions for your pension especially if your pension is a SIPP (Self Invested Personal Pension)
Four Tips for Helping Your Grandchildren Financially
With booming house prices and generous pension schemes, many grandparents in the UK are redistributing their income to help their grandchildren who face many financial challenges. A survey completed by OneFamily found that one in 10 grandparents have gifted a lump sum up to the value of £15,000.
Don’t Lose Your Pension Benefits After a Divorce!
In most marriages, the family home is the most valuable asset. After this, pension savings are often the most valuable after the family home.
IHT Planning: Why Start Now?
Inheritance tax – it’s everywhere, and it’s unavoidable. However, there are things you can do to ensure you don’t have to pay more inheritance tax than you need to, and the earlier you start thinking about it, the better.
HMRC extended the tax-free allowance for inheritance tax recently, meaning that by 2020, the allowance will have increased by £175,000. However, many people will still be hit with inheritance tax upon the death of a loved one. Careful planning can prevent unexpected bills and use allowances to your advantage. Why should you start thinking about reducing inheritance tax liability sooner rather than later?
Autumn 2018 Update
Read our Autumn 2018 Update!
Welcome to the autumn edition of our newsletter, covering the latest developments as the country moves towards winter and the next Budget.
Our feature story is about the lifelong journey of supporting children financially. We also look at lifetime gifts and possible changes to inheritance tax. For pensions we have essential advice for anyone planning their first lump sum withdrawal, and a look back at six years of auto enrolment. And for investment we offer help on decoding fund fees, and how to use market indexes in your investment planning.