EVEN IF RETIREMENT ISN’T FAR AWAY, THERE ARE STEPS YOU COULD TAKE TO INCREASE YOUR EVENTUAL RETIREMENT INCOME. THIS APPLIES BOTH TO YOUR STATE PENSION ENTITLEMENT AS WELL AS TO ANY PERSONAL OR WORKPLACE PENSION POTS. We’ve provided some areas to consider that you may wish to discuss with us to help you to meet [...]
With New Year fast approaching, now is a good time to take a look at your investment portfolio and maybe even consider making some changes. Carrying out regular portfolio reviews is crucial when considering the suitability of your investments and ensuring that any changes in your attitude to risk are accurately reflected. Over time, your [...]
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 [...]
As of April 2017, the new Inheritance tax (IHT) rules have come into force, but what do they mean? As it stands each person in the UK has a Nil Rate Band (NRB). The NRB is the amount that you have within your estate before you pay any Inheritance tax. For any type of asset [...]
You’ve worked hard all of your life to get to where you are, and providing for those you care about is important to you. However, just owning your own home and having sufficient capital to provide a reasonable income during your retirement may leave your estate with a sizeable IHT liability. If you want to [...]
Each tax year, we are each given an annual individual savings account (ISA) allowance. The ISA limit for 2016/2017 is £15,240, rising to £20,000 in 2017/2018. Anyone wishing to utilise their allowance should do so before the deadline of midnight on Wednesday 5th April 2017 which marks the end of the 2016/2017 tax year. It [...]
Once you’ve decided to start saving for retirement, you need to choose how to do so. Pensions have many important advantages that will make your savings grow more rapidly than might otherwise be the case.