Your Future.
Your Way.
Insightful, cost effective advice tailored to you
Your Future.
Your Way.
Insightful, cost effective advice tailored to you
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Not so long ago, annuities were the go-to choice for anyone heading into retirement. You took your pension pot, handed it over to an insurance company and in return they gave you a guaranteed income for life. No more worries about stock market crashes or outliving your savings. It was simple, predictable and safe.Then came
Posted by: Jon Lawson
By any measure, it has been a curious few years for investors. The headlines tell a story of markets marching confidently upward. And yet, the reality beneath the surface is a little different: it is not the entire market that has surged, but rather a small number of American technology firms.After two decades in which
Last week the chancellor Rachel Reeves unveiled her Autumn Budget – Labour’s first major fiscal event in 14 years. The Budget had three main goals: to generate economic growth; to plug a £22 billion hole in the country’s finances; and to pump money into flagging public services.Not all of the announcements in the Budget will
The Spring budget on 6 March was a bit of a non-event for many clients.There was an important cut in Class 1 national insurance contributions from 10 to 8 per cent for those who are employees. High earners with children were given a boost, thanks to changes that were introduced to the high income child
Most people won’t pay inheritance tax, but the number of people who will is rising.In 2009/10 just 2.6% of deaths gave rise to IHT. Yet according to the Institute for Fiscal Studies this figure is set to rise to more than 7% over the next decade.You might gift excess income to: Basic allowancesFor those who
In recent years, property has been viewed as an ideal investment asset. In 1980, the average house sold for just £19,273. That compares to £239,927 in 2020 – a staggering 1,145 percent increase. Against that backdrop some investors have begun to assume that property prices only move in one direction: up.And this seemed true, for
How Should You Respondto Rising Interest Rates?What are interest rates?Interest rates are the cost of borrowing money or the return on investment for lending money. Interest rates play a crucial role in the economy and financial markets as they influence borrowing and spending behaviour, investment decisions and overall economic activity.The Bank of England uses interest
Analysing the…Budget for GrowthThe Chancellor Jeremy Hunt’s Budget last Wednesday (15 March) had one overarching goal: to steady the ship of the British economy amidst banking turmoil in the United States.Hunt’s Budget also provided an opportunity for the Chancellor to distance himself from the disastrous ‘mini’ budget of his predecessor Kwasi Kwarteng back in September.Therefore,
Changes to Social Care FundingHow to Navigate New Capital Gains Rules In September 2021, the Government set out plans to reform adult social care in England. It said that £5.4 billion would be used to fund the reforms between 2022/23 and 2024/25:The funding was initially planned to come from the new Health and Social Care
Stock market crashes create anxiety for investors, especially those who – like most retired people – are withdrawing regular sums from their investments to provide the income they need. But FiveWays’ retirement income planning strategy, which we call ‘bucketing’, means clients are insulated from all but the very worst possible stock market disasters.
The austerity years produced many small changes to the tax and benefit system that cut people’s entitlements. One of them was the restriction of child benefit payments where either parent earns over £50,000 a year. For every £100 of earnings above that level you lose 1% of your child benefit – in fact you still get the benefit paid, but part of it is clawed back from higher income tax payments via your tax code. If you earn over £60,000 you get no child benefit at all.
