Financial Planning
Wealth Management: Building and Preserving Your Wealth
While investment and wealth management are often spoken about in the same terms, some subtle differences exist. In effect, investment management is part of your overall wealth management, which is as much about preserving your wealth as building it. This becomes especially important in retirement when you will likely see a significant fall in your […]
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Maximising Income, Minimising Tax Liabilities
When it comes to budgets, tax rates and tax bands, be careful, the devil is always in the detail! Jeremy Hunt, the Chancellor of the Exchequer, recently stepped up to give his fiscal update and announce changes to the tax system. On the surface, there were some pleasant surprises. However, the attention-grabbing headlines quickly gave […]
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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, […]
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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 […]
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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 […]
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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 […]
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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” […]
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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 […]
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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? […]
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2 months left to maximise tax savings in 2022-23
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 November 2022, the Chancellor released his Autumn Statement – announcing a range of tax changes that would start coming into […]
Posted in Financial Planning