Category: Pensions
Tax Rates for 2025/2026
As each new tax year arrives, revised limits and allowances are often introduced. It’s important to keep yourself up to date with any changes, so we’ve created a one page summary of all the various tax rates which became applicable as the new 2024/2025 tax year became effective in April 2024. Continue reading
Dive into ’25 on top of key tax changes
A few months have passed since the Autumn Budget, a significant milestone for the Labour government. A comprehensive set of measures impacting individuals and businesses were announced, featuring £40bn in tax increases. Key announcements involved Inheritance Tax, Capital Gains Tax, domicile status, VAT on private school fees, Stamp Duty and Income Tax thresholds. Continue reading
Only a few months left to maximise your State Pension
The government is encouraging individuals to take advantage of the opportunity to maximise their State Pension by filling gaps in their National Insurance (NI) records for the period between 6 April 2006 and 5 April 2018. Continue reading
Nurture your financial wellbeing in 2025 – get your life plans in place with smart planning
As we step into 2025, now is the perfect time to set your financial plans in order. Continue reading
Take steps to avoid a retirement overspend
A fifth (20%) of respondents to a survey* have consistently spent more than they expected to during their retirement so far. Moreover, 11% of the over-55s surveyed also said their overspending had occurred early on in their retirement. Continue reading
Advisers play a ‘pivotal role’ in later-life planning
People who have sought financial advice are more likely to have taken action to prepare for later life and the transition of wealth, research by Canada Life has revealed. Continue reading
Starting your pension early will pay off.
Never think it’s too late to start saving for your retirement Continue reading
Social Media isn’t a reliable source of Financial Advice
Social Media isn’t a safe or reliable source of advice or information, Continue reading
First steps to handling divorce proceedings
As the festive season gives way to the post-Christmas comedown, divorce season moves up a gear. Continue reading
How to split pensions in a divorce: The three main options explained – and the many pitfalls to avoid
Pensions are often neglected in divorce settlements despite their value to both partners as a joint asset in a marriage. Continue reading
How to deal with debt in a divorce
People in debt can get divorced, but will need to agree a plan or make a formal financial settlement to pay off what they owe. Continue reading
Almost half of the self-employed struggle to get mortgages – here’s how to get accepted
Nearly one in 10 of all self-employed have had all their applications rejected Continue reading
Have confidence in your financial goals
Having confidence in your financial goals can make things easier. Continue reading
FCA finds two-thirds of young investors take less than 24 hours to make investment decisions
Latest research from the FCA reveals that young investors are making important investment decisions in a matter of hours, rather than taking the time to check out whether the product is right for them in the long-term. Continue reading
DWP gives an exact date for a new state pension service that will provide a ‘golden opportunity’
The first pension dashboards are due to be launched in late 2025 Continue reading
Don’t fall into the pension pay gap
It’s vital that women don’t fall into the pension pay gap that affects them much more than men. Continue reading
How long will you live in your retirement years?
Around one in three people aged 60 today will live into their 90s, and around one in seven people will reach 100. Will their retirement funds see them through? . Continue reading
Wealth planning for the future
Achieving any retirement goal requires planning. It doesn’t just happen. Thats why Wealth Planning is so important. Continue reading
Should I take a tax-free lump sum from my pension?
For many people approaching retirement, withdrawing a large chunk of cash from their pension as soon as they can is a key part of the plan. Continue reading
It’s never too early to start saving into a Pension
Since it’s unlikely that the State Pension alone will provide you with an affordable retirement, it’s important to plan out additional sources of income for your retirement years. Continue reading