Pension contribution allowances left over from the 2020/21 tax year must be used before 6 April
Using up unused annual allowances from previous tax years can provide a healthy boost to your pension. But any remaining annual allowance from 2020/21 must be used in the current tax year, or it will be permanently lost.
UK interest rates hit 15 year highs – what should you be doing?
Host and Senior Chartered Financial Planner James Corcoran is joined by Financial Consultant Ben Mitson to discuss one of the key concerns at the moment – that interest rates are at 15 year highs, and how that impacts borrowers, savers, and investors. Please be aware that anything discussed on this podcast should not be regarded […]
How to generate retirement income with a minimal tax burden
During retirement the taxation picture undergoes a fundamental shift for most people. With the right planning, and careful use of allowances, a couple can significantly lighten their tax load.
Protecting the family home with mortgage protection life insurance
Having adequate cover in place can provide an important safety net for dependents in the event of an unexpected passing.
Business owners: the benefits of a small self-administered pension
Small self-administered pension schemes offer a number of valuable features for business owners seeking to optimise their retirement strategy, including tax efficiencies and unique investment opportunities.
Why more people are considering annuities as part of a blended retirement solution
Opting for a mix of an annuity purchase and flexible drawdown can help savers enjoy the security of a guaranteed income in retirement, without sacrificing flexibility and investment returns.
How to ensure fair outcomes for blended families
For families with step-children a robust succession plan can help ensure that assets stay within bloodlines, while providing clarity and peace of mind for all parties.
What do sky-high interest rates mean for your finances?
Interest rates have soared to a 15-year peak, with the Bank of England recently raising the base rate to 5%, while inflation remains stubbornly high. But how will this affect your personal finances, and what action could you consider taking?
Does it take a million or more for a comfortable retirement?
Inflation has remained stubbornly high, with the average UK household facing living costs that are around 20% higher than a couple of years ago. But what does this mean for your retirement?
What can business owners consider under the higher tax regime?
Company directors face a challenging tax climate. But prudent financial planning can help to mitigate tax bills and boost retirement assets.
