How much do you know about Long Term Care?

In the UK, we’re enjoying an increasingly longer life expectancy as a result of higher living standards and advances in healthcare. While many older people can now expect to live to an advanced age in good health, it is inevitable that a proportion of this group will require additional care as they grow older – […]  Continue reading

‘Secret Accounts’ slow the probate process

The importance of leaving your affairs in order. According to the first Bereavement Index from probate software specialist Exizent#, many people fail to put their financial affairs in order before they die, leaving behind a ‘financial mess’ and a stressful experience for those tasked with administering their estate. The Index revealed that one in seven […]  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

Sorting out your mortgage during divorce

Divorce can be an incredibly stressful time for couples and the financial impact it can have only adds to the pressure. The number of couples getting divorced surged by almost a fifth in 20195. Although data for 2020 has not yet been released, after the strains of the last year or so, unfortunately it would […]  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

Protecting your estate

Everyone thinks about saving, investing and buying a house, but protecting your estate is rarely on the agenda. It should be considered as we plan what will happen to our wealth.   Continue reading

Consolidating investments for peace of mind

With multiple investments causing an administrative headache, and some of them held in higher risk products, a Cheshire client needed advice on his investments, and to simplify matters. The goal was peace of mind.  Continue reading

Estate planning to help your family

You don’t need a castle, acres of land and a fleet of luxury cars to consider estate planning. It applies to us all. It’s a process that you should begin if you want your wealth and possessions passed to relatives with minimal cost and fuss when you die.  Continue reading

Do I have enough life cover ?

Do I have enough life cover ?  How well are you and your loved ones protected ? Many people take out a life policy, perhaps when they take out a mortgage, put it away in a drawer and don’t think any more about it. This can be a mistake, as the level of cover you took […]  Continue reading

IHT Planning alongside Grandchildren

IHT Planning alongside grandchildren – An exciting time for children but not so much for their parents if they have not made financial provision to plan for this expense. And expensive it is! Not only the major items like tuition fees and accommodation but what about the cost of living – rent, bills, food, books, […]  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

Looking after the grandchildren – IHT Planning

Looking after the grandchildren – Inheritance Tax Planning Pension flexibility has made pension contributions much more attractive as a means of funding an individual’s own retirement as there is 100% access but also because of the death benefit options. Cascading your wealth through the generations via your pension can be a great way to look […]  Continue reading

Attorneys and court appointed deputies

Guidance for attorneys and court appointed deputies On 18 May 2016, the Office of the Public Guardian (OPG) published advice for attorneys and court appointed deputies when making gifts on behalf of another person. In broad terms, the rules on making gifts are designed to protect the person’s best interests and ensure that attorneys and […]  Continue reading

Your Will – Are you leaving it to chance?

What links comedian Rik Mayall, actor Roger Lloyd-Pack (‘Trigger’ in TV’s Only Fools and Horses) and artist Pablo Picasso? They all died without leaving a Will. Rik Mayall left £1.2m, and Roger Lloyd-Pack left £1.4m. Neither wrote a Will, meaning that instead of passing to their wives tax free, their estates had to be administered […]  Continue reading

How to reduce IHT liabilities

Gifting: How to reduce IHT liabilities Moving £10,000 out an individual’s estate could save their heirs £4,000 in tax. One of the easiest ways to reduce a future inheritance tax (IHT) liability is for individuals to give wealth away during their lifetime. Gifting can be an effective way of saving individuals’ heirs a significant IHT […]  Continue reading