wealth sharing between generations

Wealth Sharing Between Generations

Millennials are set to redefine wealth sharing between generations, according to new research [1]. Contrary to expectation, it is not millennials (aged 18-34) who appear to be under the greatest financial strain, with 44% saying they are ‘comfortable’ financially. In fact, the research shows they are trying to do the right thing. Three quarters (73%)…

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Income Seekers

Income Seekers

Everybody has investment goals in their life, from the old adage of saving for a rainy day to planning a comfortable retirement. There are many reasons why investors might seek an income stream from their investments, of example, to pay for a dependant’s education, supplement a pension or fund the cost of care, yet achieving…

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Who wants to be a millionaire?

Who Wants To Be A Millionaire

Who wants to be a millionaire? Getting there could be easier than you think – but you’ll need to start young! Parents could make their baby an adult millionaire by starting a pension pot when they are born. Children born this year could become millionaires by their 43rd birthday if their families contribute to a…

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Careful planning can reduce Inheritance Tax

Careful planning can reduce Inheritance Tax

Keeping it in the family; careful planning can reduce or even eliminate the Inheritance Tax payable. Inter-generational planning helps you put financial measures in place to benefit your children later in life, and possibly even your future grandchildren, so it’s important to start planning early. You may want to keep an element of control when…

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Top Pension Tax Tips

Top Pension Tax Tips

We’ve pulled together some top pension tax tips for those looking at the big retirement picture and considering making contributions ahead of the tax year end. Investing for the future is vital if you want to enjoy a financially secure retirement, and it requires you to look at the big picture. Although pensions can be…

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Pension Unlocking

Pension Unlocking

Treasury enjoying a tax bonanza from pension withdrawals. Following changes introduced in April 2015, you now have more choice and flexibility than ever before over how and when you can take money from your pension pot. You can use your pension pot(s) if you’re 55 or over and have a pension based on how much…

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Building Up Your Nest Egg

Building Up Your Nest Egg

Building up your nest egg is more discipline than difficult but is vital for the life you want in retirement. For today’s retirees, retirement has changed almost beyond recognition since their parents’ day. Building a retirement fund requires saving enough money to pay your bills and continue living comfortably when you are no longer drawing…

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Exploring Your ISA Options

Exploring Your ISA Options

Are you currently exploring your ISA options? Is it time to give your financial future a boost? The end of the tax year on 5 April is fast approaching, so make sure you’ve made the most of your annual allowances before it’s too late. No matter what, why or how you want to save and…

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Making New Year's Tax Saving Resolutions

Making New Year’s Tax Saving Resolutions

Are you making New Year’s tax saving resolutions? At this time of year, we think about New Year’s resolutions, and it’s also a good time to start planning our tax affairs before the end of the tax year on 5 April. As you think about 2019 and your goals for the coming year, we can…

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Move to Eqaulise Male and Female State Pension Ages

Move to Equalise Male and Female State Pension Ages

The recent move to equalise male and female State Pension ages means women will now start to qualify for the State Pension at the same age as men, currently set at 65. The move to equalise male and female pension ages began 25 years ago and has been gradually phased in. Your State Pension age…

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Tips January February 2019

Jan/Feb TIPS Financial Magazine Released

In this New Year edition of our TIPS magazine, the start of 2019 is the optimum time when you may be thinking about resolutions and plans for the year ahead and beyond. It’s a good time to start planning your tax affairs before the end of the tax year on 5 April. And as you…

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Shareholder and Partnership Protection

If your business partner or a shareholder died or became critically ill, have you ever thought what the impact could be? The loss of a business partner or shareholder can have a major impact on the success of any business. But it’s not just about the loss of profits the business could suffer. Who would…

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