Social Media and the younger Investor

The Financial Conduct Authority (FCA) is concerned about the influence social media is having on younger investors, who it believes are taking on significant financial risks. This younger, more diverse group of investors, it said, is highly reliant on social media platforms such as YouTube, Instagram and TikTok for investment tips and advice, but lacks […]  Continue reading

Saving for Private Education

The average termly fee for private schools has reached £12,000 (£36,000 annually) for boarders and £5,064 (£15,191 annually) for day pupils, according to the Independent Schools Council** Planning for the future It’s a big decision to privately educate your child; school fees could easily be a family’s largest expense after their home. Starting to save […]  Continue reading

We’re still here to help!

Despite the ongoing restrictions, now extended to 19 July 2021, our business is continuing to operate fully to ensure that we can provide help and assistance to our clients. We’re open Mon to Fri, 9am til 5pm, and we can be contacted on 0808 1234 321 or using info@logic-wp.com. For clients who wish to meet […]  Continue reading

Retirement finances: Let us help you take control

Two pieces of research have again highlighted consumer confusion and concerns around pension provision and thereby the necessity for people to take control of their retirement planning. STATE PENSION OVERESTIMATED Firstly, a survey by Which?6 found that three in ten people overestimate their future state pension income, some by almost £50,000 over the course of […]  Continue reading

Planning to retire in 2021?

Whether you had always been planning to retire this year, or COVID-19 has forced your hand, it’s never too late to get organised. We believe that retirement is something to be looked forward to after a lifetime of hard work – so don’t let it be overshadowed by financial concerns. We can help you quantify […]  Continue reading

A word of Warning……

“It won’t happen to me” – think again It’s so easy to watch the ads on TV about scams or see the consumer shows interviewing devastated people about their financial losses as victims of fraud, and think “it won’t happen to me”, but think again! In the year to September 2020, Action Fraud received over […]  Continue reading

Do you know your Pension age ?

Did you know that the phased increases to State Pension age (SPA) reached 66 for both men and women in October 2020 and it’s set to rise further? The minimum age for taking funds from a personal pension is also set to rise in 2028. Getting to know your pension ages, and what you can […]  Continue reading

Logic celebrates International Women’s Day

Logic celebrates International Women’s Day   These days, women can achieve anything men can – in sport, business, socially and during retirement. It wasn’t always that way. International Women’s Day celebrates the progress made, but calls for continued action to achieve gender parity in all aspects of life. International Women’s Day has been marked for over […]  Continue reading

Keeping your Pension Plan on Track 

 Keeping your Pension Plan on Track   – Is Your Pension Plan on Track ? The Pensions and Lifetime Savings Association (PLSA) has come up with a suggestion to help people keep their pension plans on track. It’s called for savings targets to be put in place to help individuals save enough for a good pension for their […]  Continue reading

Personal Finances – so what are your weak spots?

No matter what age you are it’s likely you have a weak spot when it comes to Personal Finances. In fact, it’s pretty much inevitable, no one’s financial armour is infallible. What steps can you take to shore up your defences? MONEY’S TOO TIGHT TO MENTION Younger people are often struggling to save, let alone contribute towards […]  Continue reading

Not married to your partner ?

Not married to your partner ? Why it may make financial sense to get hitched!  What you NEED to know about money if you’re not married to your partner Increasing numbers of couples are choosing to live together as if they are married, without ever actually tying the knot. Millions buy homes together, have children together, […]  Continue reading

Independent Financial Advice – How can we help you

Independent Financial Advice – How can we help you ? If you haven’t used the services of an Independent Financial Adviser (IFA) before, here are some more details of who we are, what we do and the kind of help we can give you.  Based in Heywood, Greater Manchester, Logic Wealth Planning was set up […]  Continue reading

5 top financial tips for new parents

5 top financial tips for new parents When your bundle of joy arrives financial matters might not be at the top of your list of priorities, but with a new or expanding family, it’s best to get your finances in order. Here are five tips for new parents. 1) Protection– It’s never nice to think […]  Continue reading

Junior ISA – Should you opt for Cash or Stocks and Shares ?

Junior ISA – Should you opt for Cash or Stocks and Shares ? Junior Individual Savings Accounts (JISAs) are a great way to build up savings tax-efficiently for a child under 18 living in the UK. Your child can have a Junior cash ISA, a Junior stocks and shares ISA or a mixture of both and […]  Continue reading

The Rules of the Lifetime ISA as it stands

The Rules of  the Lifetime ISA as it stands :- Much has been theorised about the Lifetime ISA since it was announced. The questions is, will LISA be beneficial or not to savers? Following the initial announcement of LISA  an updated technical note was published on 15 September 2016. This followed detailed discussions with the […]  Continue reading

Who makes the financial decisions in your house?

Research from leading market research company, Mintel (1) underlines the role women play in influencing important financial decisions made for the family. Proving what many households already knew to be true, that women hold the purse strings, more than 84% of mums surveyed say they typically have influence when it comes to making financial decisions […]  Continue reading

What does your Teenager know about Personal Finance?

In recent years secondary schools have been required to teach pupils how to manage their personal finances. – Lessons in ‘financial mathematics’, covering problems such as percentage changes and calculating interest, are now included in the national curriculum. – Within their citizenship classes, pupils are learning how public money is spent as well as how […]  Continue reading

LISA – a new arrival to the tax planning family

The new Lifetime ISA has created more choice when saving for retirement. Rather than act as a pension replacement, the new Lifetime ISA will offer additional tax relieved savings for young savers – to save for their first home or as a top up to their pension saving. But there’s a danger that some of […]  Continue reading

Inheriting an ISA Allowance from your spouse

Under changes in the rules introduced in April 2015 – You can inherit an ISA (Individual Savings Account) from your spouse and retain the tax benefits. Approximately 150,000 married ISA holders die each year so this change will benefit spouses or civil partners by increasing the amount that they can save by extending the tax advantages of […]  Continue reading