Latest news from Lovewell Blake Financial Planning

Your NHS pension 'health-check'

24.05.2022
Matthew Harrington
2 min read

2022 will be an important year for members of the NHS Pension Scheme to complete a ‘health-check’ of their membership.

Richard Ince, Lovewell Blake Financial Planning

When is it best for me to retire?

19.05.2022
Richard Ince
4 min read

Firstly, that’s a great question. The simple answer is that you can retire when you have adequate wealth to do so. This can be a mixture of pensions, savings, investments, and property.

Robin Carnaby, Lovewell Blake Financial Planning

Investors need to keep a calm head in the light of market volatility caused by the Ukraine crisis, says Robin Carnaby, director at Lovewell Blake Financial Planning

24.03.2022
Robin Carnaby
3 min read

After two years of uncertainty due to Covid, most of us hoped that 2022 would bring a little calm and stability to the world. As we now know, world events have rather overtaken this wish, and once again we are plunged into a time of uncertainty and turmoil.

Stock image of someone working

Bank of England raises interest rates for the third time in four months

18.03.2022
Ricky Banham
2 min read

Following our articles in December and February, the Bank of England (BoE) has responded to the likelihood that the war in Ukraine will push inflation to around 10% in autumn by raising interest rates to a level last seen in March 2020, before the COVID-19 pandemic took hold.

Trazer Farnese, Lovewell Blake Financial Planning

How can you teach teens about money?

17.03.2022
Trazer Farnese
6 min read

It’s never too early to start teaching young people about money, says Trazer Farnese of Lovewell Blake Financial Planning.

Stock image of someone saving money

What is the Lifetime Allowance freeze?

03.03.2022
Sharon Mattheus
3 min read

For pensions, the Lifetime Allowance (LTA) is the overall limit of pension funds a member can accrue during their lifetime, and which will benefit from favourable tax treatment before an LTA tax charge applies.

Ukraine Flag

What do the tensions between Russia and Ukraine mean for investors?

25.02.2022
Robin Carnaby
4 min read

Over the last few days, tension has intensified between Russia and Ukraine. We wanted to take some time to position what’s happening between the two countries and what this could mean for investors.

James Rix for Lovewell Blake

Pensions, Protection and Investments

23.02.2022
James Rix
5 min read

In conjunction with Matthew Harrington, financial adviser for Lovewell Blake Financial Planning.

Ricky Banham, Lovewell Blake Financial Planning

Bank of England announces back-to-back interest rate rises

04.02.2022
Ricky Banham
2 min read

Following our article in December the Bank of England (BoE) has tightened the squeeze on household finances with its first back-to-back interest rate rise since 2004, as the central bank forecast inflation will increase to north of 7% in April.

What is an Exchange Traded Fund (ETF)?

20.01.2022
Ricky Banham
3 min read

Diversification is of paramount importance in investment success, and one way to achieve it is by buying ‘Exchange Traded Funds’, or ETFs

What is the UK's inflation rate and why is the cost of living going up?

05.01.2022
Stephen Metcalf
4 min read

Recently published figures showed that the cost of living rose by 5.1% in the 12 months to November, its highest rate in 10 years.

Bank of England raises interest rates to 0.25%

21.12.2021
Ricky Banham
4 min read

The Bank of England (BoE) has raised interest rates for the first time since the start of the coronavirus pandemic, despite growing concern over the ‘Omicron’ variant.

Charity Investments

24.11.2021
Matthew Harrington
3 min read

The results of the Charity Commission 2021 Covid-19 Survey indicated that 49% of charities have lost income from fundraising activities, whilst 35% have lost income from trading and other income sources.

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COP26 shines light on ethical investment

02.11.2021
Sharon Mattheus
3 min read

As the COP26 summit gets underway, the world’s attention is focussed on what action we must all take to secure the planet for future generations.

Jonathon Matchett, Lovewell Blake Financial Planning

Trust Registration Service (TRS) – Action now required

01.11.2021
Jonathan Matchett
4 min read

Following the implementation of the EU Fifth Anti-Money Laundering Directive (5AMLD), there is a requirement for certain trusts to be registered on a central government list. This is called the Trust Registration Service (TRS), and when it was initially introduced in 2018, many non-tax paying trusts were exempt from registering.

Stock image of savings pot

Understanding 'Pension Freedoms'

08.10.2021
Neil Holmes
3 min read

Pension Freedoms was introduced in April 2015 and significantly changed the landscape of pensions and retirement. Ever since its introduction, there remains some misconceptions about what this really means, and the practical implications it has for individuals.

Sharon Mattheus, Lovewell Blake Financial Planning

More investors looking at benefits of EIS and VCT investing

24.09.2021
Sharon Mattheus
3 min read

A growing number of investors are seeking ways to invest tax-efficiently in places other than their pensions and ISAs, usually because they have already fully used their ISA allowances, and significant pension contributions have compounded over the years.

Scott Hansell, Lovewell Blake Financial Planning

Tax Increases and Reform in Social Care

16.09.2021
Scott Hansell
4 min read

Taxpayers in the UK face an increase in taxation from April 2022 to fund long awaited reforms in social care and additional support for the NHS.

Stuart Lawn, Lovewell Blake Financial Planning

What is Inheritance Tax?

01.09.2021
Stuart Lawn
3 min read

Many of us could be caught out by Inheritance Tax (IHT). Contrary to popular belief, you do not need to be mega-rich to owe HMRC a chunk of money when you die. I think most of us would prefer as much as possible to go to our loved ones, rather than HMRC.

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State Pension 8% Predicted Rise

16.07.2021
Christopher Egmore
2 min read

In 2020, the state pension age officially increased to 66; however, recently there has been several news articles and commentary around the government’s triple lock promise and that this could mean an 8% increase in the state pension from April 2022.

Ricky Banham, Lovewell Blake financial planning

What is pension tax relief?

13.07.2021
Ricky Banham
3 min read

Pension tax relief can seem like an alien concept, but it pays to understand what it is and how you can make the most of it, up to certain limits.

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The additional benefits of EIS and VCT investing

12.07.2021
Sharon Mattheus
4 min read

A growing number of investors are seeking ways to invest tax-efficiently other than through their pensions and Individual Savings Accounts (ISA). The reason being that those investors have fully used their ISA allowances and have significant pension contributions have compounded over the years. Pensions have a tax-efficient lifetime allowance, above which clients question why they should keep adding if they are going to get taxed later at a higher rate!

Matt Harrington, Lovewell Blake financial planning

Re-joining the NHS Pension Scheme

17.05.2021
Matthew Harrington
6 min read

Changes to pension annual allowance rates that were announced in this years budget, those who previously opted-out may now consider opting back in.

Robin Carnaby, Director for Lovewell Blake financial planning

Pension fraud increased to £1.8 million in first quarter of 2021

07.05.2021
The Marketing Team
2 min read

Losses from pension fraud rose to £1.8 million in the first three months of this year, according to figures from Action Fraud.

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An important role employers play in Defined Benefit Pensions

22.04.2021
David Haughton
2 min read

Employers that push staff into making unsuitable defined benefit transfers should beware the “Financial Conduct Authority’s (FCA’s) gaze”, a director at the regulator warns.

Stephen Cameron, Lovewell Blake financial planning

How to make your savings work harder for you in a low interest rate environment?

13.04.2021
Stephen Cameron
3 min read

As we enter a new tax year, many people will be wondering how they can make their savings work harder for them, with interest rates at historically low levels.

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UK Pension Guide

09.04.2021
Neil Holmes
4 min read

A pension scheme is a savings plan to help you put money aside for later life. It has favourable tax treatments when compared to other forms of savings.

Stuart Lawn for Lovewell Blake Financial Planning

Coronavirus and the markets, a year on

22.03.2021
Stuart Lawn
3 min read

I don’t know how many of us thought that we’d still be adhering to so many restrictions after all this time, but here we are, over a year on and the pandemic is still having a big impact on all of us.

Matt Harrington, Lovewell Blake Financial Planning

Lovewell Blake Financial Planning Limited can help you and your employees plan for the future

09.03.2021
Matthew Harrington
2 min read

Would you like to know more about the ways in which Lovewell Blake Financial Planning could help your charity?

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Time running out for ‘covid savers’ to make the most of pensions allowances

08.03.2021
Sharon Mattheus
3 min read

Covid savers should be making the most of their pensions allowances, says Sharon Mattheus of Lovewell Blake Financial Planning.

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Is it too early/late to start investing in a pension?

23.02.2021
Ricky Banham
2 min read

For some, retirement might feel miles off, but the sooner you can start saving for it, the better.

NHS pension reform

17.02.2021
Matthew Harrington
6 min read

Following the Government’s consultation into public sector pension scheme reforms, they have now published their response, here, outlining their proposals for changes to schemes over the coming years.

Richard Ince, Lovewell Blake Financial Planning

The reality of investing today

16.02.2021
Richard Ince
3 min read

We have seen some turbulent markets in the last 12 months, with the repercussions of COVID having a significant impact. Generally speaking, markets have partially recovered but remain extremely volatile.

Older man

When can I retire?

11.01.2021
Scott Hansell
3 min read

The simple answer is that you can retire when you have adequate wealth to do so.

Pension

Women's state pension

11.01.2021
Neil Holmes
2 min read

It has been recently highlighted that many women may be missing out on their full State Pension.

Calculator

The Wealth Tax Commission

07.01.2021
Neil Holmes
3 min read

The Wealth Tax Commission was established in Spring 2020 to provide an in-depth analysis on proposals to introduce a UK wealth tax for the first time in almost half a century. The last was considered in the UK in 1974.

Stock image of a child

Gifting for children

14.12.2020
The Marketing Team
2 min read

It’s that time of year again when our thoughts come to gifting to our nearest and dearest. When it comes to the children in our lives this often means a new toy, or a new outfit. But what about those who already have everything they need?

Ricky Banham, Lovewell Blake Financial Planning

Changes to pension access

08.12.2020
Ricky Banham
3 min read

Following our article in October, where we advised that the State Pension had officially increased to age 66, we wanted to take this opportunity to position further changes announced around private pension access – that were shared in September.

Sharon Mattheus, Lovewell Blake Financial Planning

Suffolk Financial Adviser named UK Financial Adviser of the year

01.12.2020
The Marketing team
1 min read

A Bury St Edmunds based financial adviser has been named as one of the UK’s most influential businesswomen by a leading business publication, carrying off the title of UK Financial Adviser of the Year.

Sharon Mattheus, Lovewell Blake Financial Planning

Leading East Anglian Financial Planning firm appoints new Financial Adviser

17.11.2020
The Marketing team
1 min read

Financial planners and advisers Lovewell Blake Financial Planning, which for the past three years has been listed as one of the Top 100 Financial Planners in the UK by the Financial Times, has appointed Sharon Mattheus as a Financial Adviser.

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Attitude to Risk Vs Capacity for loss

12.11.2020
Andrew Spaxman
3 min read

The difference between a perceived attitude to risk and actual capacity for loss can often be confused.

Stephen Metcalf, Lovewell Blake Financial Planning

Let's talk money

09.11.2020
Stephen Metcalf
4 min read

The extraordinary fundraising achievements by the 100-year-old Captain Tom Moore have shown just how long some of us will lead active lives, and also how much the quality of such a long and active life will depend on how well we have planned for it.

David Haughton, Lovewell Blake Financial Planning

Retirement planning with redundancy payments

05.11.2020
David Haughton
5 min read

It is important that those facing redundancy understand how a pension contribution can have a positive effect on their overall wealth.

Lovewell Blake Financial Planning Team

FT rates East Anglian Firm in top 100 financial planners in the UK for the third year running

28.10.2020
The marketing team
2 min read

An East Anglian firm of financial planners has been named as one of the UK’s Top financial advisers by the Financial Times for the third year running – achieving a rating of 28th in the country, up from 72nd in 2019.

Stock Image of saving money

Good Money Week 2020

26.10.2020
The Marketing Team
1 min read

Good Money Week, which runs from 24 to 30 October 2020, is ‘the campaign to raise awareness of sustainable, responsible and ethical finance’ in the UK.

Savings jar

Cash investments

15.10.2020
Ricky Banham
4 min read

Returns for those holding money in cash savings accounts took another fall a fortnight ago, when the government-backed savings provider slashed their interest rates.

Chris Egmore for Lovewell Blake Financial Planning

State pension age hits 66

06.10.2020
Christopher Egmore
2 min read

The age you can start drawing your state pension has now officially increased to 66, for most people.

Stock image care home

Long Term Care

18.09.2020
Richard Ince
3 min read

Long-term care in a care home is very expensive, and can quickly erode your savings (including the equity in your property).

Stock image of piggy bank

COVID market volatility means imminent retirees may need to rethink plans

15.09.2020
Jonathan Matchett
4 min read

For those approaching retirement, timing when to take their pension has never been so important.

Stuart Lawn, Lovewell Blake Financial Planning

How have my investments performed during the pandemic?

11.09.2020
Stuart Lawn
5 min read

In short, it depends where and how you are invested. Since the markets saw a dramatic fall in March, it has been a bit of a choppy ride in general.

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Introduction to active and passive investment management

10.09.2020
Ricky Banham
3 min read

A tracker fund is a simple way of investing your money in company shares, bonds, and other assets.

Jonathan Matchett, Financial Adviser for Lovewell Blake Financial Planning

Pension death benefits

05.08.2020
Jonathan Matchett
4 min read

In April 2015, the Government dramatically changed the taxation rules applying to pension scheme death benefits.

Scott Hansell, Lovewell Blake Financial Planning

Structured Deposits

28.07.2020
Scott Hansell
4 min read

Stock markets have been volatile to say the least over the last few months, and in our opinion, will remain so until the Coronavirus pandemic is brought under control and the economic fallout assessed.

Family stock image

Income Protection

15.07.2020
Richard Ince
3 min read

When considering the range of protection policies available, the most common policy is ‘life insurance’.

Calculator

If it looks too good to be true...

14.07.2020
Matthew Harrington
3 min read

It is fair to say that 2020 has been quite an extraordinary year in many ways, presenting new challenges for people from all walks of life.

Ricky Banham, Lovewell Blake Financial Planning

How to avoid a pension scam?

07.07.2020
Ricky Banham
3 min read

In recent weeks’, we have seen an upward trend in media activity regarding pension scams in the UK. Fraudsters are using sophisticated ways to deceive savers to part with their retirement savings using various means of communication.

Stephen Metcalf, Lovewell Blake Financial Planning

Ethical Investing - What is 'Greenwashing'?

29.06.2020
The Marketing Team
1 min read

You may have already seen in the financial press, news of the recent rise of ESG (Environmental, Social and Governance) and Ethical Investing.

Ricky Banham, Lovewell Blake Financial Planning

Introduction to investing

08.06.2020
Ricky Banham
4 min read

In March, the Bank of England unveiled its second interest rate cut in under two weeks, as part of a number of measures the central bank and UK government rolled out to help mitigate the economic impact of the Coronavirus.

Holding hands

Inheritance tax rules for married couples and civil partners

04.06.2020
Stephen Cameron
3 min read

Without careful financial planning, you may find that much of the wealth you spent your lifetime creating may be taken in tax rather than being passed to your loved ones.

Matt Harrington, Lovewell Blake Financial Planning

COVID-19 - Protecting your business

01.06.2020
Matthew Harrington
2 min read

The COVID-19 pandemic has introduced a number of challenges for business owners to deal with to ensure the survival of their companies.

Scott Hansell, Lovewell Blake Financial Planning

Protecting your loved ones

07.05.2020
Scott Hansell
2 min read

Over the last few months, many of us have had the change to reflect on our lifestyles and financial circumstances due to the COVID-19 pandemic.

COVID

How might the Coronavirus impact dividends and natural income?

24.04.2020
Stuart Lawn
4 min read

Whether you are investing in funds purely for growth, or if your portfolio consists of funds which pay out a natural income to you, it is likely that dividends will play a big part in performance.

Ricky Banham, Lovewell Blake Financial Planning

Make a financial plan for your family

06.03.2020
Ricky Banham
3 min read

Starting a family is undeniably, a life changing event. Every aspect of life will change, as you know it, and this means that your financial priorities will too. Children have a unique way of draining your energy, and indeed, your finances. Luckily, there are ways to plan for this.

Work

Investors must not panic over coronavirus effect and need to keep long-term view

05.03.2020
David Haughton
3 min read

Despite headlines over the past few days about global stock markets suffering big daily falls, it is important not to panic.

Robin Carnaby, Director of Lovewell Blake Financial Planning

New rules about how law firms refer clients to third party professional partners are changing

24.02.2020
Robin Carnaby
4 min read

The SRA’s new rules aim to make it easier for the public to access legal services, and easier for solicitors and firms to do business.

Trazer Farnese, Lovewell Blake Financial Planning

6 most frequently asked retirement questions

20.02.2020
Trazer Farnese
3 min read

As people begin to approach retirement, there are many things that they start to consider.

Calculator

Would you like the taxman to give you some extra spending money?

23.01.2020
Chris Carter
2 min read

If you are a non-taxpayer and your spouse/civil partner is a basic rate tax payer then the taxman may well answer, “Just contact me and we’ll sort it out”.

Basic financial planning

20.01.2020
Andrew Spaxman
3 min read

With an expensive holiday season now over, it is time to consider what the new priorities for your money should be

Stuart Lawn, Lovewell Blake Financial Planning

Keeping calm during market turbulence

12.12.2019
Stuart Lawn
3 min read

If you watch the news, you’ll be aware that the world is going through a period of economic uncertainty. From President Trump waging a global trade war, through to a potential economic slowdown and of course Brexit, there are plenty of reasons for investors to be wary.

Ricky Banham, Lovewell Blake Financial Planning

Life Insurance

27.11.2019
Ricky Banham
2 min read

With the season of goodwill nearing, now could be the perfect opportunity to consider the level of life insurance you have in place.

Robin Carnaby, Director of Lovewell Blake Financial Planning

FT rates East Anglian firm in Top 100 Financial Planners in the UK

08.11.2019
The Marketing Team
2 min read

An East Anglian firm of financial planners has been named as one of the UK’s Top financial advisers by the Financial Times for the second year running.

Richard Ince, Lovewell Blake Financial Planning

What is Relevant Life Insurance

04.11.2019
Richard Ince
2 min read

In an ever more competitive employment market, employers are looking closer at the overall benefits they offer, beyond just salary.

Richard Ince, Lovewell Blake Financial Planning

Pensions versus ISA

17.10.2019
Richard Ince
3 min read

A common question amongst investors is 'should I invest in a pension or an ISA?' Here we run through the main features of each product.

Teresa, Lovewell Blake Financial Planning

Good Money Week 2019

08.10.2019
The Marketing Team
1 min read

We are living in a world where it is not unusual for individuals to actively look for ways to reduce their impact on the environment; for example, only last month we saw children leading protests against climate change all over the world, taking the lead on an issue that affects all of us.

Stephen Cameron, financial adviser for Lovewell Blake Financial Planning

10 things to do once you are retired

18.06.2018
Stephen Cameron
3 min read

Yesterday, you were busy working and today you are retired, what’s next?

David Haughton, financial adviser for Lovewell Blake Financial Planning

Retirement - An emotional journey?

09.04.2018
David Haughton
2 min read

Retirement has a habit of creeping up on you whilst you are busy getting on with your life, to the extent that we barely give it consideration until it is almost upon us.

Glossary

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