Monthly Archives: March 2019
When You’re Tempted by Tax-Free Cash at 55
In 2015 the UK government introduced the new pension freedoms which allowed people to access their pension pots much more easily. Essentially, from this point, you could withdraw all of your pension in one go if you wanted to (although not without a tax penalty). Lots of people were particularly excited about the fact that […]
Posted in Financial Planning
How to Manage the Money when Someone Dies
When someone you care about passes away, the days and weeks afterwards can feel like an overwhelming haze. The last thing you have the energy for taxes, inheritance or funeral arrangements – but they do need to be dealt with. Where do you even begin with all of this? Who do you need to deal […]
Posted in Financial Planning
Is Your Child Missing out on £2,000 from the Government?
Did you know that your child might have over £2,000 held in a forgotten bank account? In 2005, the Labour government set up an initiative called the Child Trust Fund. It allowed both the government and also parents to put money into a special account for their children, provided they were born after 1st September […]
Posted in Blog
Would Your Business Collapse if You Were Gone?
Running a business is very time-consuming and rewarding. So much so that it can be easy to not stop and think about what would happen to it if you were removed from it. Death, illness and incapacity can hit a business owner at any moment, often leaving the company drifting and struggling in the water. […]
Posted in Financial Planning