Today to support Financial Planning Week are some top tips from our paraplanner Danielle Knowles for young families saving for their future whilst looking after their loved ones… I am Danielle, a 37-year-old mum of two to Charlie 5 and Daisy 3. Working in financial services makes you […]
Category Archives: Family
Blog, Budget, Family, Financial Planning, Later Life, Personal Finance, Protection, Wealth
Coping with the unexpected – what price peace of mind?
01
Jun
Jun
For many of us, the last few months have been about ticking some long-awaited jobs off a list. Even for those still working it’s amazing how much time has been freed up when we haven’t got the usual distractions like a social life for instance. At the start of this […]
Blog, Family, Financial Planning, Pensions, Personal Finance, Retirement, Tax, Taxable Benefits, Wealth
What happens to my pension when I die?
20
Sep
Sep
One of the most regularly asked questions I get from clients is “what happens to my pension when I die”. Your pension can be your largest asset, often exceeding the value of your home. The rules governing pensions can be complex and have changed significantly in recent years. What happens […]
Blog, Family, Financial Planning, Later Life, Pensions, Personal Finance, Retirement, Tax, Wealth
Lifetime Allowance – Myths you need to know
18
Sep
Sep
For those who haven’t heard of this before, the Lifetime Allowance (LTA) is the amount that a UK individual can hold in a registered pension arrangement(s). Now the LTA is £1.055m and it is set to increase with CPI every year.
Blog, Budget, Community, Family, Financial Planning, Personal Finance, Wealth
Financial Planning for North East Women
05
Sep
Sep
Come on ladies, it’s time to get a handle on long term finance! There have been a number of headlines recently about women not taking responsibility for their longer-term planning, many leaving it to their partner. Is this a problem? Perhaps not for some, but in my job I see […]
Blog, Budget, Family, Financial Planning, Personal Finance, Wealth
Financial planning for University – “Today playgroup, tomorrow university”
13
Aug
Aug
Someone said this to me about 18 years ago when their daughter, a similar age to mine, had just started playgroup. This mother, so upset about losing the company of her toddler, not long after started to home-school – successfully, huge admiration. At the same point, I practically jogged to […]
Blog, Family, Financial Planning, Pensions, Personal Finance, Retirement, Tax, Taxable Benefits, Wealth
Self employed millennials heading for a rocky retirement
04
Jul
Jul
Recent research from Fidelity suggest that those who are self employed between the ages of 23 and 38 (millennials) are not saving enough for retirement. Two in three young self-employed workers surveyed by the investment firm and pension provider said they had no pension savings whatsoever, with nearly three-quarters of […]
Blog, Family, Financial Planning, Later Life, Pensions, Personal Finance, Retirement, Wealth
Later Life Care – a financial time bomb?
02
Jul
Jul
Local authorities are cash strapped – fact. The Dilnot Report capping the cost of Later Life Care fees keeps being delayed. Something has to be done to address this. The Pensions Policy Institute (PPI) has published ‘Care in later life: incentives to use assets to pay for care’ sponsored by […]
Blog, Family, Financial Planning, Investments, Pensions, Personal Finance, Retirement, Wealth
Future proof your lifestyle
27
Jun
Jun
It feels like there’s a lot of uncertainty about at the moment – whether it’s Brexit or our next PM or the state of the economy. It may be concern about climate change, job security, lifestyle. Although these things seem big and out of our control there are steps we […]
Blog, Family, Financial Planning, Investments, Later Life, Pensions, Personal Finance, Wealth
Tens of thousands entering retirement each year without taking advice
11
Jun
Jun
New analysis from the Association of British Insurers (“ABI”) shows very low levels of retirement readiness. This isn’t really surprising to us but continues to be a bit worrying! Of the 62,000 people accessing some of their pension via drawdown for the first time during a 6 month period, 34% […]