Many of us could be caught out by Inheritance Tax (IHT). Contrary to popular belief, you do not need to be mega-rich to owe HMRC a chunk of money when you die. I think most of us would prefer as much as possible to go to our loved ones, rather than HMRC.
A growing number of investors are seeking ways to invest tax-efficiently other than through their pensions and Individual Savings Accounts (ISA). The reason being that those investors have fully used their ISA allowances and have significant pension contributions have compounded over the years. Pensions have a tax-efficient lifetime allowance, above which clients question why they should keep adding if they are going to get taxed later at a higher rate!
It’s that time of year again when our thoughts come to gifting to our nearest and dearest. When it comes to the children in our lives this often means a new toy, or a new outfit. But what about those who already have everything they need?
The COVID-19 pandemic has introduced a number of challenges for business owners to deal with to ensure the survival of their companies.
Over the last few months, many of us have had the change to reflect on our lifestyles and financial circumstances due to the COVID-19 pandemic.
Whether you are investing in funds purely for growth, or if your portfolio consists of funds which pay out a natural income to you, it is likely that dividends will play a big part in performance.
Starting a family is undeniably, a life changing event. Every aspect of life will change, as you know it, and this means that your financial priorities will too. Children have a unique way of draining your energy, and indeed, your finances. Luckily, there are ways to plan for this.
Despite headlines over the past few days about global stock markets suffering big daily falls, it is important not to panic.
The SRA’s new rules aim to make it easier for the public to access legal services, and easier for solicitors and firms to do business.
As people begin to approach retirement, there are many things that they start to consider.
The end of the tax year is an important time for planning and managing your finances, especially when it comes to your pension.
If you are a non-taxpayer and your spouse/civil partner is a basic rate tax payer then the taxman may well answer, “Just contact me and we’ll sort it out”.
With an expensive holiday season now over, it is time to consider what the new priorities for your money should be
If you watch the news, you’ll be aware that the world is going through a period of economic uncertainty. From President Trump waging a global trade war, through to a potential economic slowdown and of course Brexit, there are plenty of reasons for investors to be wary.
With the season of goodwill nearing, now could be the perfect opportunity to consider the level of life insurance you have in place.
An East Anglian firm of financial planners has been named as one of the UK’s Top financial advisers by the Financial Times for the second year running.
In an ever more competitive employment market, employers are looking closer at the overall benefits they offer, beyond just salary.
A common question amongst investors is 'should I invest in a pension or an ISA?' Here we run through the main features of each product.
We are living in a world where it is not unusual for individuals to actively look for ways to reduce their impact on the environment; for example, only last month we saw children leading protests against climate change all over the world, taking the lead on an issue that affects all of us.
Client aspirations and growing demand for a more ethical dimension in investment has led Lovewell Blake Financial Planning to appoint a specialist ethical investment paraplanner to enhance the ‘different dimensions’ in the firm’s financial planning offer.
Yesterday, you were busy working and today you are retired, what’s next?
Retirement has a habit of creeping up on you whilst you are busy getting on with your life, to the extent that we barely give it consideration until it is almost upon us.