Improve your financial outlook: Step 1

Set a date for your retirement and calculate how much income you will need It’s not as difficult as it sounds and having a rough plan is preferable to having no plan. Start with your current monthly income and expenditure. If you don’t have a monthly budget plan already, you can create one at […]

Achieve your financial goals with minimum investment risk – Part 1

Introduction Stock market investment can offer everyone real opportunities to achieve goals that would otherwise be unobtainable.  However, it is important to understand that returns above those offered by a regular savings account involve a level of financial risk.  This article takes you step by step though an investment process to achieve a financial objective, […]

Division of pension assets in divorce

Introduction You clearly need a solicitor to represent you in divorce proceedings, but why would you involve a financial adviser?  First, a little background Section 25 of the Matrimonial Causes Act of 1973, stated that a ‘clean break’ was the aim of any divorce settlement.  Pension offsetting was the preferred method of achieving a ‘clean […]

Pay Less Inheritance Tax

Legitimate Ways to Pay Less Inheritance Tax

Anyone, with an estate value that could breach the current IHT threshold of £325k per person (+ £150k if you are leaving your home to direct line descendants), should be looking at ways to pay less inheritance tax. An example scenario: Mary, who is 64, was widowed in 2015.  Her husband left £50k to each […]

Why on earth would you use a financial adviser?

Let’s be honest, financial advisers are not held in great esteem.  Mis-selling and opaque charging structures have quite rightly led to widespread mistrust of the financial services industry.  My own dealings with an adviser 20 years ago left me in no doubt that the advice offered was not serving my best interests.  That is why, […]