Blog
Clarity is essential for your financial future. While Saint James Place has begun to introduce a more transparent charging structure, transparency has always been our hallmark at PWS Financial Consulting. We clearly state our fees without any hidden charges. A Comparison On a £500,000 portfolio (split 50/50 between pension and ISA), our lower costs benefit
Read more
Following Chancellor Rachel Reeves’ impactful Autumn Budget in 2024, anticipation was high around her recent Spring Statement. So, what’s changed, what’s staying the same, and what does it all mean for your finances? A Breath of Relief on Personal Taxes Worried about new tax increases affecting your wallet? Breathe easy! Reeves has stuck to personal
Read more
If you have extra money and haven’t used your full £20,000 ISA allowance, now is a good time to think about it. There are talks about changing ISAs, possibly reducing the cash ISA limit to just £4,000. But don’t worry too much; any big changes are not expected until at least April 2026. What’s the
Read more
When the new tax year rolls around, many of us breathe a sigh of relief; last year’s tax affairs are sorted. But this isn’t just a time to relax; it’s also the ideal moment to prepare for the tax year ahead. Being proactive at the start of the tax year can significantly reduce your tax
Read more
If you’ve followed the news or checked your pensions or investments during a market downturn, you know how chaotic it can feel. One moment everything seems fine, and the next you’re asking “What just happened?” The good news is stock market drops are normal, and financial advice can help turn them into chances for a
Read more
Big changes are coming for family businesses regarding inheritance tax. If you own a family business, here’s what’s changing and what you can do about it. Why does it matter? Inheritance tax (IHT) is set at 40% on anything you leave beyond the £325,000 threshold. This threshold increases to £650,000 if you pass your unused
Read more
Investing in gold seems attractive when news reports talk about high prices, but looks can be deceiving. In the last 18 months, gold prices have risen about 60%, reaching around £2,500 to £2,600 per ounce. However, history shows that gold does not always protect against inflation; its long-term returns are lower than stocks, and making a poor timing
Read more
Suppose your loved ones include children, adults with disabilities, or anyone who might struggle to manage money or personal decisions alone. In that case, a “standard” will could leave them exposed. The right will and, crucially, the correct supporting documents can safeguard their security, state-benefit entitlement, and long-term quality of life. Below is a practical
Read more
Over the summer, the Government struck a landmark deal with 17 of the UK’s largest pension providers: the Mansion House Accord. By 2030, these companies plan to invest at least 10% of the money in their default workplace pension funds into private assets. This may sound complicated, but it could affect your retirement savings soon,
Read more
The Chancellor’s Autumn Statement announced that starting in April 2027, money in a pension might be subject to Inheritance Tax (IHT). As a result, more parents are wondering if they should withdraw some tax-free cash now and give it to their children instead. If done correctly, it can be a good decision. If done incorrectly,
Read more
