Why it pays to have a Will
Do you have a Will? Financial Adviser Clive Barwell talks about the challenges that can occur if important documents aren’t up to date.
Later life
Behind the headlines: Later life planning
Changes to National Insurance Contributions could signal a change in how we will pay for our future care. With most of us not knowing whether we’ll even need care, Clive Barwell and Matthew Bell keep us updated on the challenges of paying for late life care.
Devil in the detail on care tax rise
It took a pandemic to sort out care funding. At least that’s what the Government will be hoping that’s how the public will view it, rather than a couple of broken promises on the Triple Lock and raising National Insurance Contributions (NICs). The Prime Minister said: “You can’t fix the Covid backlogs, without giving the […]
Kids cost more than you think – so plan ahead
Originally published at brewin.co.uk Many people vastly underestimate the cost of raising a child. Plan now to avoid nasty surprises scuppering your finances. Raising a child is one of the most rewarding things you can do in life – but it can also be eye-wateringly expensive. We all know things like childcare, private school and [...]
Having the inheritance conversation
Passing on wealth to future generations is a major motivator for many financial planning clients. The knowledge that they’re supporting their children and grandchildren with important life milestones, such as getting married, going to university or buying a house, can be very rewarding. Younger people also expect to inherit money and research suggests that they’re [...]
6 steps to your estate planning
If you haven’t started – or if you haven’t written it down – this checklist will help get your thoughts in order.
The crisis has hit my income – should I cash in on my pension?
You can use your retirement savings pot as you wish from age 55 – rising to age 57 from 2028, the government recently confirmed. Yet while this offers flexibility, you need to think carefully before dipping into your retirement funds, or you could trigger unexpected tax charges or whittle away your funds too quickly. Here [...]
If you’re self-employed, is your State Pension at risk?
Self-employed workers tend to have lower levels of pension savings, and a greater reliance on the State Pension. Changes to thresholds may mean that some are at risk of losing their state pension.
The financial planning requirements of James Bond, Harry Potter and Doctor Who
We take a look at the finances of three fictional heroes from the UK and discuss how financial planning could help them. While we had a lot of fun writing this article, it highlights several specialist areas of financial advice, and how versatile an adviser’s toolbox can be.
How much should I save for retirement?
How much you will need for retirement depends on you. But if you’re wondering how much to save in your pension, or whether you can afford the kind of retirement you’d like, you can calculate what roughly you’ll need to save today for a comfortable retirement tomorrow.