Why Advice Matters

By | 02.2019|Uncategorised|

The poor understanding of financial advice is particularly worrying at a time when people are faced with more complex decisions about retirement than ever before. Taking professional financial advice is vital to ensure you are equipped to make the most of your hard-earned savings and receive the income you need in retirement. Here, we explain [...]

Reviewing your investment needs

By | 12.2018|Uncategorised|

Determining your reasons for investing now will help you work out your investment goals and influence how you manage your investments in future. Decide on how long you can invest If you’re investing with a goal in mind, you’ve probably got a date in mindtoo. If you’ve got a few goals, some may be further [...]

Early action avoids Inheritance Tax (IHT) after pension transfer

By | 11.2018|Uncategorised|

  A recent court ruling means the taxman has precedence to apply an IHT charge to a pension transfer made due to illness, so it is vital to act as early as possible.   THE CASE Tracy, 61, divorced Peter, 63, in January 2014. In 2016 she found out she had an incurable disease and [...]

Creating the right investment strategy

By | 05.2018|Investment, Uncategorised|

There are always going to be bumps in the road on every journey, which is why it’s essential to be flexible enough to adjust your plans when the unexpected happens. Your wealth creation objectives need to be able to adapt to whatever’s going on in your life. Nothing should stand between you and your long-term goals. Creating and maintaining the right [...]

Avoid Getting Tied Up in Knots by the RNRB

By | 09.2017|Inheritance Tax, Uncategorised|

It is fair to say a simple concept has turned out to be a complex reality, which raises a number of planning questions and concerns for advisers and clients. The current level of Nil Rate Band (NRB), set at £325,000 from April 2009, has been frozen at that level ever since and is due to [...]

Why consider a trust?

By | 05.2017|Inheritance Tax, Uncategorised|

If you want to mitigate the effects of Inheritance Tax (IHT) on your estate, trusts can be an important part of the process. When you put cash, property or investments in a trust, provided certain conditions are satisfied, you don’t own it any more. This means it might not count towards your IHT bill when [...]

Product Insight: Investment Bond

By | 03.2017|Uncategorised|

One helpful feature of the taxation of investment bonds is the ability for the client to take partial withdrawals each year of up to 5% of the amount invested, for at least 20 years, without triggering an immediate tax liability. Used properly, this facility can give access to regular or one-off payments with minimum admin, [...]