News & Insights - Page 8 of 16

Sudden Wealth Syndrome: coping with a windfall

December 16, 2021

You’d be likely to feel happy and excited if you received a large windfall suddenly or unexpectedly. Whether you’re receiving an inheritance, have become a successful entrepreneur, or perhaps you’re selling your business, the reality is that for many, sudden wealth can feel overwhelming. It [...]

Managing your Money

Becoming a financial wellbeing ‘all-rounder’

December 2, 2021

Financial wellbeing is closely aligned with the control people have over their financial future. People with high levels tend to meet their long-term financial goals and have a clear idea about what makes them happy and what they want from life. This allows them to [...]

Pensions

‘Flip the context’ and protect your hard-earned cash

November 18, 2021

Pension savers lost more than £2m to scammers in the first five months of this year. The average amount lost per victim so far in 2021 is a staggering £50,949 – more than double the £23,689 lost on average in 2020. This is according to [...]

IHT, Wills and LPAs

Estate planning update

November 4, 2021

HM Revenue & Customs (HMRC) published its annual statistics on Inheritance Tax (IHT) in late July, revealing that IHT payments in the 2020-21 tax year totalled £5.4bn, up around £0.2bn (almost 4%) on the previous year, when receipts were slightly lower than 2018-19. Typically, more [...]

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Autumn Budget and Spending Review

October 27, 2021

Following the Chancellor’s Autumn Budget and Spending Review, we have produced an overview of the key points. Click here to read more.

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Autumn: a time of change and preparation

October 21, 2021

As the darker evenings and colder days of autumn approach, our thoughts often turn to hunkering down and preparing for the winter months. A season traditionally associated with change, preservation and preparation, autumn is a perfect time to get your finances organised before the rush [...]

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Inflation

October 7, 2021

After a long period in which there was little to worry about, this has reappeared on the agenda. As it is a very significant factor in considering investment policy, it might be helpful to clients if we set out our current view. Many of us, [...]

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Taking emotion (and colour!) away from investment decisions

August 18, 2021

It is fascinating to consider the psychology of investing. There are many behavioural traps that investors could find themselves falling into during times of market volatility, when knee jerk reactions can take hold. One example being ‘the anchoring trap’, which is where investors rely too [...]

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Is IHT change on the cards?

August 11, 2021

It’s been three years since then-Chancellor Philip Hammond asked the Office of Tax Simplification to look into potential amendments to the Inheritance Tax (IHT) regime*. Since then, no changes have been made to the tax incurred when wealth passes onto the next generation; could Rishi [...]

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Probate delayed by ‘hidden assets’

August 4, 2021

Probate software specialist Exizent has published its first Bereavement Index*, with some interesting findings. It shows that many people fail to organise their finances before death, leading to stress and anxiety for those left dealing with a ‘financial mess’. According to the research, one in [...]