Author: Phil
How to build a tax-efficient set of investments
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. In general, three forces can undermine your investment returns – fees, inflation and taxes. The first can be mitigated, for instance, […]
Posted in Financial Planning
Watch out of the tax trap on cash savings
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. Have you checked the interest rate on your savings account(s) lately? With easy-access rates now paying over 3%, anyone paying below […]
Posted in Financial Planning
What is the future of the lifetime allowance?
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. The lifetime allowance (LTA) was, until recently, a “cap” on the total value that you could hold in your pensions without […]
Posted in Pensions
Get the most from the 2023-24 tax year
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. The new tax year is now upon us. 2022-23 passed on 5 April 2023 and now, from 6 April, the 2023-24 […]
Posted in Financial Planning
Types of financial protection and how they help you
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. The Cost of Living Crisis in 2023 has been an important reminder that a strong financial “safety net” is needed by […]
Posted in Financial Planning
Impact investing: a short guide
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. Are you looking for your investments to have a more positive impact on the environment and wider society? Impact investing is […]
Posted in Investments
Common scams in 2023 and how to avoid them
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. Theft is as old as humanity itself. Yet methods change with new technology, particularly in the online space where “digital scams” […]
Posted in Financial Planning
How National Insurance affects your tax bill
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. National Insurance is often misunderstood even by longstanding UK taxpayers. Whilst you may intuitively grasp your income tax (e.g. 20% at […]
Posted in Financial Planning
Be careful with over-50s life insurance
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. Over-50s life insurance offers a lump sum to people aged 50 to 85 when they die. Yet it is worth it? […]
Posted in Financial Planning
Have we now reached “peak retirement”?
This content is for information and inspiration purposes only. It should not be taken as financial or investment advice. To receive personalised, regulated financial advice regarding your affairs please consult an independent financial adviser. Is Britain poised to enter a “golden era” of retirement, or have these days already passed? With people living longer compared […]
Posted in Pensions