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Divorce Retirement

Divorcees risk losing out on pensions

Dividing this asset is of vital importance to avoid pension poverty

Divorce is an emotional and stressful period for those who have to go through it. However, it’s important that people think of these valuable assets when considering how they split their money.

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Investment

2019/20 ISA allowance – use it or lose it

Maximise your wealth creation – don’t miss the deadline

Whatever you’re putting money aside for, there’s likely to be a role for Individual Saving Accounts, or ‘ISAs’. An ISA is a way of holding savings or investments without paying personal tax on interest received or on the growth of your investment.

Categories
Estate Planning

Preserving your legacy

How to keep your wealth in the family

Are you worried about leaving an inheritance to your loved ones and then having them pay tax on your legacy? No one likes to think about a time when they won’t be here, but the reality is that unfortunately some people aren’t prepared financially.

Categories
Investment

Portfolio diversification

Don’t put all your eggs in one basket

Portfolio diversification is the foundational concept of investing. It’s a risk management strategy of combining a variety of assets to reduce the overall risk of an investment portfolio.

Categories
Retirement

Planning for tomorrow

Will my retirement income be enough to live comfortably?

The questions our clients almost always ask us are: ‘Will I be able to retire when I want to? Will I run out of money? How can I guarantee the kind of retirement I want?’

Categories
Retirement

Time to give your pension pot a boost?

Planning ahead for the financial future you want

Planning for retirement can be both exciting and daunting. It’s essential to structure your affairs to make sure you have enough money when you eventually retire. To give your pension pot a boost, one option to consider if your pension savings are more than your annual allowance is to take advantage of the carry forward rules for unused annual allowances from previous years and still receive tax relief.

Categories
Tax Planning

Top 4 tips for good tax planning

What should I consider before the end of this tax year?

The end of the 2019/20 tax year is fast approaching, and there are a number of valuable allowances and reliefs that will be lost if they are not used before the deadline.