Latest News

Exploring every aspect of your financial world.

 

July 2021 

Welcome to our latest edition of SMART MONEY.

Inside this issue, the unique combination of tax breaks and flexible access available to pensions makes them a compelling choice when saving for retirement. On page 08 we look at one of the key benefits of saving into a pension rather than another type of savings or investment vehicle – the generous tax relief you’re entitled to receive. Making the most of pension saving involves maximising tax relief and allowances which could substantially boost your retirement savings.

The coronavirus (COVID-19) pandemic has led to a reappraisal of urban living, with increasing numbers fleeing city confines in search of green space. Three million people aged over 50 now plan to relocate in retirement, as a direct result of the pandemic. A year of lockdown's has motivated these over 50's to want to move closer to family and friends, pursue a better quality of life or even move abroad. Turn to page 10.

When you’re planning your retirement income, there are multiple factors to consider. But one factor not to overlook is how much of your retirement income you could lose in taxes. On page 09, new data highlights that retired households lose nearly 14% of their income a year to direct taxes.

Being online more means criminals have a greater opportunity to approach unsuspecting victims with their scams. Online scams can have a devastating financial and emotional impact on victims. Pension scammers are bombarding the public with scam calls, texts and emails and it can be easy to fall victim to such a scam. Turn to page 12 to find out more. 

Exploring every aspect of your financial world - To view or download our latest edition of SMART MONEY please CLICK HERE

Our aim is to help you to secure your financial future and explore every aspect of your financial world, taking everything into account to create a financial plan that works for you, your family and business. We hope you enjoy this latest issue, and if you require any further information please contact us.

 

CALL US TODAY ON 01473 408422 or CLICK HERE to e-mail us directly

Contact us today for a 'no-obligation' discussion on what is available to meet the needs of your employees and your business.

*Sources available on request