Financial Planning Wales Ltd

28/02/2023

For some, the prospect of retirement planning can be a daunting one. In our most recent Newsletter we discuss some of the key concepts -

Please review our Retirement Planning article which includes the net income required to acheive different lifestyles and what you may need to consider in creating a strategy for retirement.  Retirement Planning 2023 - how much will you need?

21/02/2023

HMRC announced that their most Inheritance Tax (IHT) receipts increased 15% for the period April 2022 to January 2023. The actual tax receipts for the period stood at a whopping £5.9bn.

The trend of rising property prices and frozen inheritance tax nil rate band thresholds, has led to a growing number of estates becoming liable to IHT.

The role of Estate Planning is becoming ever more important in protecting a family's wealth and passing this wealth on future generations.

If this is something you would like to explore, please do not hesitate to contact us.

Inheritance tax receipts for April 2022 to January 2023 stood at 5.9bn, an increase of 15 per cent on the previous year, according to the latest data from HM Revenue Customs.

15/02/2023

Please check out our Investment Outlook, which touches upon the 'Investment Zeitgeist' of previous decades and the key themes for 2023 -

Check out our Investment Outlook and key themes for the coming year by clicking on the link below - require a hard copy? Get in touch by phone or email. Investment Outlook 2023

27/01/2023

The UK Government has confirmed that Auto-enrolment contribution thresholds will remain the same for the coming year, despite acknowleding that current contribution levels are "unlikely to give all individuals the retirement to which they aspire".

Identifying the level of contributions required to secure a desired pension income in retirement is essential during an individual's working life. Which? Money has useful calculators to assess your current position and the level of contribtuions required to meet your target income -

From how much state pension you'll get to how to get the best income from your private pension, our expert guides can help you plan your retirement.

25/01/2023

Investment Committee Notes December 2022 by Andrew Chorley

25/01/2023

We've added our Investment Comittee Notes for December to our website where we summarise the key factors to watch, concepts to consider and our investment strategy -

https://financialplanningwales.co.uk/news-and-education/2023/investment-committe-notes-december

You can view similar posts via the News and Education section of our Website.

Investment Committee Notes December 2022 by Andrew Chorley

21/12/2022

Estate Planning is becoming increasingly relevant for individuals, as the Government seeks to benefit from frozen IHT thresholds and house price increases in recent years.

The government has raked in another 4 8bn in inheritance tax receipts in the months between April and November 2022

19/12/2022

We've added our Investment Comittee Notes for November to our website where we consider market conditions and our investment strategy outlook. https://financialplanningwales.co.uk/news-and-education/2022/investment-committe-notes-november

You can view similar posts via the News and Education section of our Website.

  Click on the link below to read the full article Investment Committee Notes November 2022 by Andrew Chorley

08/06/2021

Which? surveyed nearly 7,000 retirees in February about their spending to develop retirement income targets for one-person and two-person households. Their findings are a useful guide when assessing what provision individuals or couples will need to make to secure their chosen lifestyle in retirement. Please click the link below to find out more.

As Chartered Financial Planners, we often help clients to assess their existing pension provision and identify how they might achieve their goals in retirement. Please feel free to contact us should you wish to discuss your retirement planning strategy in more detail.

In its biggest survey yet, Which? has spoken to thousands of retirees to find out how much they spend in retirement.

05/05/2021

We look at a number of factors to create our Market Barometers - these are just one of the indicators that we use to help us build an investment decision framework - our current view is that the UK is neutral risk and US high risk

30/04/2021

The post-pandemic economy could well be defined by the return of robust aggregate productivity growth after 15 years of relative sclerosis. Between the increased availability of powerful new technologies and aggressive fiscal policies, the stars are aligned for a cascading sequence of rapid recovery...

28/04/2021

Integrating checklists into your daily processes is a real life saver - and time saver! We regularly create an update ours to help reduce errors and create consistent outcomes - Jon has been working hard on developing one for our Inheritance Tax Planning advice - in true Blue Peter fashion the picture below shows one we made earlier for investing in Gold!

Here is a short article we wrote on the value of the humble checklist - https://lnkd.in/dsZTZnH

This is a great book if you are interested in where to start!
https://lnkd.in/dbUdgS6