Blogs & News
Ask the IFA: Should I transfer my final salary pension?
There really is no way of knowing whether you should transfer your final salary pension without gaining a deep understanding of your personal circumstances. We speak to plenty of people who say they want to transfer out of their final salary pension scheme regardless of our view, but there's logic to an adviser's recommendation. Our [...]
Ask the IFA: What are the advantages of a final salary pension transfer?
Wren Sterling is authorised to advise on a defined benefit or final salary pension transfer. We are often asked about the advantages of a transfer, especially as transfer values are historically high at the moment. Here are eight advantages of a final salary pension transfer - but it's important to stress that there may be [...]
Ask the IFA: What are the disadvantages of a final salary pension transfer?
The numbers might look attractive and there are stories in the press of people pocketing hundreds of thousands through a final salary pension transfer. There are lots of disadvantages of a final salary pension transfer though and here are seven reasons to take stock of the reality of leaving a defined benefit scheme. Reliance Your [...]
Most people who invest a pension have no fail safe against falling ill
Originally published by thisismoney.co.uk 29/05/18 Four out of five retirees in income drawdown have no 'lasting power of attorney' set up, finds Zurich Investing a pension involves keeping on top of funds throughout your old age Having an LPA set up means someone you appointed takes over if you are ill If not, families face [...]
How can you save Inheritance Tax (IHT) on your home?
Structuring your estate correctly can lead to big savings if you understand the complexities of inheritance tax Currently all individuals in the UK have a nil rate band of £325,000 each. This means that on death, if the value of your estate (all your cash, assets, investments and personal chattels) is less than £325,000 (or [...]
Financial education in the workplace
What is financial education? How does it help employers create a competitive benefits strategy? Sarah Herd explains how she works with clients to create strategies to retain and engage employees.
The importance of advice when encashing a bond
in Investments, Tax
If your bond is ready for encashment, remind yourself of the rules before you act.
Using trusts to preserve wealth for future generations
Varied and versatile, your adviser may discuss trusts with you when making their recommendation. They’re a useful part of an adviser’s tool box – allowing you to set aside assets for specified beneficiaries. Find out more about how they can be used, and the controls you can set.