by Brian Downton | J, Mar, 2023 | blog, general
With inflation at its highest level in 41 years and energy prices skyrocketing, the cost of living crisis has dominated headlines since inflation began to creep up from historic lows in mid-2021. Following such an extended period of price rises, you may be concerned...
by Brian Downton | J, Mar, 2023 | blog, wealth-management
Here’s a guide to your annual tax allowances, including ISAs, pension contributions and gifts – and why it’s important to make the most of them. At this time of year, one of the most beneficial things you can do for your money is to review your annual allowances. Make...
by Brian Downton | J, Feb, 2023 | blog, general
Now’s the perfect time to make sure you’re fully prepared for the financial year ahead. To make it easy, we’ve summarised the key financial dates to put in your diaries: March Potential Spring Statement 31st – End of the Help to Buy Scheme – Buyers who applied for the...
by Brian Downton | J, Feb, 2023 | blog, wealth-management
You are unable to carry any unused allowances over into the 2023-2024 tax year. If you are unsure on what ISAs are available to you and what they could do for you and your money, here’s how you can make the most of them. ISA An ISA is an individual savings account...
by Brian Downton | J, Feb, 2023 | blog, wealth-management
In the 2022 Autumn Budget, it was revealed that the Junior ISA (JISA) spending limits would remain at £9,000 for the 2023/2024 tax year. The JISA limit was last changed in early 2020, when it was doubled from £4,500 to its current level. JISA and CTFs both benefit...
by Brian Downton | J, Feb, 2023 | blog, Pensions
A pension plan is an important part of saving for retirement. It can provide you with a regular income in retirement, which can be used to supplement other forms of retirement income such as private pensions and state pensions. In this blog post, we will discuss the...
by Brian Downton | J, Jan, 2023 | blog, Pensions
Tina is a fit and vibrant 59-year-old who expected retirement to offer a whole new lease of life. She was looking forward to using her increased leisure time to explore Europe while indulging her passion for climbing. However, after going through her finances, she’s...
by Brian Downton | J, Jan, 2023 | blog, Pensions
Rachel is a 35-year-old charity administrator. When she started her current job nearly six years ago, she was automatically enrolled into her workplace pension. Auto-enrolment for workplace pensions was introduced in the UK to encourage more people to save for...
