As an accountancy firm we deal with lots of business owners who operate as a sole trader or in a partnership. A questions we get asked by a lot of our self employed clients is, ‘should I pay into a pension’? Here are a few of the reasons you […]
Category Archives: Later Life
It’s that time of year again. Pension Awareness Week is back for 2024, running between 9th and 13th September, and to celebrate our financial planning team RL Wealth have put together this seven point plan on why its best to save into your workplace pension! Why you should save into […]
Pension Awareness Week is back and this year it’s celebrating 10 years of making a positive difference. Now is the time to get to know your pension better than ever and prepare for the future you want. Our financial planning team Robson Laidler Wealth are on hand to guide and steer […]
Something that comes up, a lot! Many of us know of someone in care or needing care and, from our discussions, of course individuals don’t want to see family assets disappear to cover care fees. Conversely though, paying for your own care tends to come with choice. There are […]
High earning NHS workers, including GPs and practice manager partners, could face a £33,000 tax bill due to the way inflation is applied to their pension. The Government has rejected a call from the Association of Independent Specialist Medical Accountants (AISMA) to repeat the 2019/20 compensation scheme, which protected NHS […]
On 29th July 2022, the Financial Conduct Authority (FCA) started regulating the pre-paid funeral plan industry. The regulation is expected to bring higher standards to the industry and boost consumer protection. Up to this date, pre-paid funeral plans were voluntarily regulated by the Funeral Planning Authority (FPA), a self-regulated […]
If you have a UK pension then you may need to be aware of three important changes that were announced in the recent Autumn Budget: No 1. The change to the age that you can take an income from an invested pension. We’ve been mentioning this to our clients […]
Pension Awareness Day takes place annually on September 15 with the aim to alert the nation that they need to save more for their retirement. So what do you need to be aware of exactly? Here’s some tips from Chartered Financial Planner Amanda Cowie director at RL Wealth: Pensions are […]
In these tricky times, how do you as an employer remain profitable whilst trying to look after the wellbeing of your employees? Many employers ask us what an acceptable level of employee benefits is and of course this has to fit within their budget. The pension Since around 2012, […]
GPs need to focus on their future financial planning just like the rest of us. Most GPs we talk to are working long hours in addition to patients with Covid, they are dealing with the fall out of long Covid, mental health issues exacerbated by the pandemic and also those […]