Why you need to review your will if you’re gifting to loved ones now
Are you thinking about gifting during your lifetime? Traditionally, you’d pass on wealth to family and friends through an inheritance, but many people are finding that doesn’t fit in with their plans. Instead, they’re passing…
Money mindset: Shaking up how you think about finances could boost wellbeing
Money has a huge impact on our wellbeing. Whether we have “enough” is often the focus when facing money challenges, but a new report suggests that our mindset and relationship with money could have a…
Should you defer your State Pension? It could reduce your tax liability
There’s often a lot of talk about the State Pension Age rising and the impact it could have on retirement plans. But, in certain circumstances, delaying your State Pension payments could pay off. The State…
Carers Week: The financial impact of caring for a loved one
Across the UK, 6.5 million people provide informal care for a family member or friend. This care is hugely important for ensuring vulnerable people receive the support they need. However, delivering care presents challenges for…
How inflation can reduce your pension and what you can do about it
When you think of risks to your retirement, do you include inflation? It can have a huge impact on your income throughout retirement. Yet, it’s often overlooked when creating a retirement plan. Inflation refers to…
Pension Lifetime Allowance is frozen until 2026: Will it mean your retirement tax bill soars?
While the chancellor didn’t announce personal tax rises in this year’s budget, a freeze on allowances could mean your tax bill unexpectedly increases. High earners and those with defined benefit (DB) pensions could now find…