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 […]
Category Archives: Personal Finance
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, Business, Financial Planning, Personal Finance, Wealth
10 Questions with Robson Laidler Wealth Director Neil Cowie
13
Jun
Jun
1. What was your first break in business? Getting a call to discuss the new financial planning advice business being set up by Robson Laidler in 2005. 2. What did you want to be growing up? Airline pilot – I’m still a bit of a plane spotter! 3. […]
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% […]
Blog, Family, Financial Planning, Investments, Later Life, Medical, Pensions, Personal Finance, Wealth
North East Medical Professionals – are changes to pension tax rules affecting you?
14
May
May
Has anyone noticed the increase in the number of articles lately relating to doctors and their pensions? One of the more recent headlines this April was the British Medical Association warning the Chancellor that senior doctors would have to cut their NHS working hours if the recent changes to pension […]
Blog, Financial Planning, Healthcare, Later Life, Pensions, Personal Finance, Retirement, Wealth
Can I order a prescription for financial piece of mind?
18
Apr
Apr
We know / that as busy medical professionals, it’s difficult to find time to prioritise your own plans. For most doctors, your NHS Pension will underpin your plans to reduce hours/stop work altogether later on. However, there have been so many changes to the NHS Pension and pension legislation in […]
If you are like me you may sometimes think about what life will look like in the future when you don’t have to work? You may think of the hobbies you have or will take up or the extra time you can spend with your family. You may be considering […]
Blog, Business, Financial Planning, Investments, Personal Finance, Tax, Taxable Benefits, Wealth
Tax year end planning 2019 – Investments: take profits using Capital Gains Tax annual allowances
15
Feb
Feb
With tax year end just around the corner, it’s time to check you are making the most of your tax reliefs and allowances to save for a brighter future. You may want to consider: Investments: take profits using CGT annual allowances If you are looking to supplement your income […]
Blog, Family, Financial Planning, Pensions, Personal Finance, Tax, Taxable Benefits, Wealth
Tax year end planning 2019 – Recover your personal allowances and child benefit
15
Feb
Feb
With tax year end just around the corner, it’s time to check you are making the most of your tax reliefs and allowances to save for a brighter future. You may want to consider: Recovering personal allowances and child benefit Pension contributions reduce an individual’s taxable income. In turn, this […]