Wednesday 26th May, 2021
The Lifetime Allowance is a limit on the amount of pension benefit that can be accrued by an individual across all pension schemes during their lifetime. How and when it is applied has continued to create confusion, and the potential for substantial charges for exceeding the Lifetime Allowance threshold has created a great deal of fear amongst anybody approaching this cap on pension accrual. This brief guide will explain what the Lifetime Allowance is, how pensions are valued for Lifetime Allowance purposes, when the test is applied and how the Lifetime Allowance charge is calculated.Read about what a PLA is, or watch our video...
Monday 24th May, 2021
If you keep your money in cash, you won't run the risk of losing it, but currently low interest rates almost guarantee terrible returns from savings accounts. If you invest your money into shares, bonds and property; the value will go up and down and you run the risk of getting back less than you put in. However, the returns over the longer term are likely to be substantially higher. "Should I save or invest my money?" This conundrum faces many people looking for better returns. So, which is better? Cash or investments? In the next few paragraphs, I will explain what we mean by cash and investments and will also cover what the main risks of cash and investments are. Lastly, I will discuss performance and which provides a better return.Read more
Saturday 22nd May, 2021
Trusts can be very useful in passing your estate to your loved ones and avoiding Inheritance Tax. However, for many, trusts are only used by rich people and therefore remain a mystery. The following article is a basic guide which will explain what trusts are, how they work and some of the advantages of using a trust. It will highlight how all people, rich or not, can make a huge difference for themselves and their loved ones if they use a trust correctly.Read about what a trust is and how it works, or watch our video...
Friday 14th May, 2021
Looking for a high-quality financial adviser? It is often hard to know which financial adviser to hire when you live in Hampshire or Surrey, where there are so many financial advisers, it is almost impossible to throw a stick without hitting one.Read more
Monday 10th May, 2021
Pensions can seem complicated, but understanding their advantages and how they work can save you tax now, as well as helping you build your retirement savings. So here are 7 great benefits of using a pension.Find out why you should invest in pensions and watch our video...