News

From April 2028, pension access rises to 57, impacting those born after April 1973  Early pension access will be limited to those with ill health or protected pension ages  Many are worried about the upcoming change, so seek advice and review your plans  A two-year increase in the normal minimum pension age could impact retirement planning for […]

Owning a home can create significant long-term savings when compared with renting  Renters in London and Bristol are missing out the most on savings opportunities  Despite challenges, many younger renters are optimistic about owning their first home  Research1 has compared the average cost of buying versus renting, highlighting the investment opportunities that homeowning can offer.  By […]

Gifting can reduce IHT, but poor record-keeping could cause the exemption to be rejected  Gifts with reservation (e.g. continuing to benefit from gifted assets) often trigger unexpected IHT bills  With frozen thresholds and pensions joining IHT, careful planning is more important than ever  With pensions set to join the list of assets liable for IHT, for many families, […]

Women are less likely than men to hold life insurance or understand its benefits  Many women have not been educated about life insurance and believe they can’t afford it Life insurance provides financial support to loved ones if the policyholder dies during its term Women are falling through the cracks when it comes to life insurance. According to a […]

More families now prioritise intergenerational planning, driven by record IHT receipts and policy changes  Only half of advised clients have IHT solutions in place, showing a clear advice-action gap  Women are set to control 60% of UK private wealth by 2025 but remain under-advised  The Great Wealth Transfer is happening, with the UK expected to […]

Buyers are willing to pay a premium for a home with a sea view  One million UK homes have risen in value by at least 50% since 2020  6.5 million homeowners in the UK have some regrets about the property they bought  Buyers pay more for a sea view  Buyers are willing to pay a premium for […]

More first-time buyers are purchasing homes later in life to manage affordability challenges  Longer mortgage terms help keep monthly payments manageable but extend debt into later years  Professional guidance can help buyers select the most suitable mortgage for their circumstances  Getting onto the property ladder has become harder in recent years and that’s had a noticeable impact. People are […]

Growth forecasts rise to 1.5% this year, with steady medium-term expectations supporting economic stability and resilience  Income tax, NICs and IHT thresholds remain frozen to 2031, increasing the long-term tax burden on households  Cash ISA limits fall to £12,000 for under 65s but overall allowance remain the same   “We are rebuilding our economy”  Chancellor of the Exchequer Rachel Reeves delivered […]

In the summer, the government launched a consultation on the future of the State Pension age  Research has found that there’s a dip in financial confidence when UK adults reach their 50s  Discussing finances is taboo for many Brits, although younger generations may be pushing for change  A midlife dip in financial confidence  Research1 has found that there’s a dip […]

Unspent pensions will be subject to IHT from 2027, changing inheritance rules significantly  Double taxation risks arise, as pensions inherited post-75 may face both income tax and IHT  Planning tools such as gifting, trusts, and insurance can help mitigate future IHT liabilities  The government has confirmed it will move ahead with plans to include unspent […]