Understanding Inheritance Tax
As part of the Autumn Statement 2022, the government is freezing Inheritance Tax (IHT) thresholds for an extra 2 years, until April 2028. This means that you could risk losing up to 40% of your estate.
The 4% rule: How much should I spend in retirement?
When planning for retirement, it is all about trying to set aside sufficient funds to use in retirement whilst still leaving sufficient funds available to pay for everyday life and specific events that could occur. The 4% rule is a simple way to help you to manage your accumulated pension funds.
When is it best for me to retire?
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.
How can you teach teens about money?
It’s never too early to start teaching young people about money, says Trazer Farnese of Lovewell Blake Financial Planning.
Government to review state pension age for second time
The first Review of State Pension age was undertaken in 2017 but the government has now launched a second pension age state review, which will consider whether the increase to age 68 should be brought forward to 2037-39.
Pensions, Protection and Investments
No matter if your business is small or large, three things that are often overlooked when running a business are; Pensions, Protection and Investments.
What is an Exchange Traded Fund (ETF)?
Diversification is of paramount importance in investment success, and one way to achieve it is by buying ‘Exchange Traded Funds’, or ETFs
Understanding 'Pension Freedoms'
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.