Blog
Life insurance cover is a benefit large companies often offer their staff as a perk. The problem is that for small businesses, the cost of taking out a group insurance scheme may be too expensive. Relevant life insurance is a potential solution that works out much cheaper than taking out cover personally. What is relevant
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Business Property Relief (BPR) is an Inheritance Tax (IHT) exemption applied to the assets of a private trading business when they pass from one generation to the next. Most shares in private trading companies, or interests in unincorporated businesses such as a sole proprietor, or partner, will receive 100% business relief from IHT after 2
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Events have conspired against the lowkey nature of the Chancellor’s Spring Statement. The Ukraine invasion, steep increases in the cost of living and lower than forecast borrowing led to many hoping for major announcements. Highlighting the need for domestic economic stability in a volatile geopolitical landscape, Rishi Sunak laid out the facts: Higher global energy,
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Right now, some may wonder if they can get all the rewards of investing without any of the downsides. By this, they may mean they do not want to experience market declines but still want to get a return. Can you do this? Now what I am not going to do is lie and say
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We all have heard the phrase ‘Humans are creatures of habit’. However, do habits help or hamper us when we think about money? Habits are behaviours and preferences we develop based on our views and belief systems. They are mental shortcuts or scripts that help us to navigate the world. We all have developed numerous
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It goes without saying that war is a humanitarian tragedy. We are not ignoring this, but many may worry about the impact of war on their planning and their portfolio. We will not aim to give any geopolitical or strategic commentary. That is not, and never will be, an area we specialise in. Instead, we
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Inheriting a sizeable pension can dramatically alter a lot of financial plans. So how should someone make sense of the options available and use this money wisely? What is an inherited pension? When someone dies with money in a pension pot, this will usually pass down to whoever they have nominated to receive it. Wills
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Last year the government revealed new proposals for funding long-term care. At the time, much was made of the point at which someone needing to pay their care costs in full increasing to £100,000 and the overall cap on care costs being £86,000. The Government made out as if this fulfilled its manifesto promise that
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Following a financial plan and staying disciplined can be challenging. A good start can be with what someone shouldn’t be doing with their finances. Not having an Emergency Fund An emergency fund underpins a solid financial plan. We advise our clients to hold at least six months’ expenditure, plus any planned additional spending, in easy
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Some are lucky enough to be awarded shares in the company they work for. Companies can reward their staff with actual shares or options that they can exercise sometime in the future. What is the difference between shares and options? Shares and options have different uses and benefits. These include how they are taxed. It
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