Carole Benn Wealth Management Ltd

15/07/2026

The key people in your business are those who you rely on heavily for the company to function successfully. It may be a director or an employee with niche expertise or talent.

Key person insurance can help keep your business afloat in the event that a key person in your company falls seriously ill or dies.

Shareholder protection insurance allows existing shareholders to retain their equity stake in the company if a key person, such as the founder or chief executive, passes away.

Could your business survive losing its most valuable person?

10/07/2026

The executor is the person responsible for carrying out the wishes set out in the Will.

Probate is the legal process of distributing someone’s estate (their cash, property, assets and possessions) after they die.

If inheritance tax (IHT) is due on an estate, this must be paid to HM Revenue and Customs (HMRC) by the end of the sixth month after the person died (interest accrues on an unpaid bill after this deadline).

Managing finances in bereavement

07/07/2026

Finding the money to pay for care home fees can be one of the biggest financial worries facing us in later life.

Your local authority may help fund your social care, but if they believe you’ve given assets away deliberately to avoid paying the cost of care fees, they can treat those assets as if you still owned them.

There are complex rules on giving away assets, we can help you understand these before transferring ownership of assets to someone else.

Can I gift assets to avoid paying care home fees?

01/07/2026

On 23 June 2016 the UK voted in a referendum to leave the European Union, by a narrow margin of 52% to 48%. The UK had been a member state of the EU since 1973 and the outcome of the vote, and the decision to abide by what was a legally non-binding referendum, caused widespread anger among ‘remainers’ and jubilation among ‘leavers’.

Brexit - A decade in charts - how has the UK fared?

18/06/2026

Downsizing to a smaller, more manageable property can make life simpler and cheaper.

Homeowners often downsize in response to a change in circumstances, to release cash to supplement income, or to support loved ones.

Consider getting financial advice to ensure you know all your downsizing options, you may have more options than you think.

Is downsizing the right move for you?

15/06/2026

At BNI Silk BNI Silk - Macclesfield, we're proud to be hosting a special Veterans in Business Day on Thursday 25th June at Macclesfield Golf Club in support of Armed Forces Day.

If you've served in the Armed Forces and have since started, own, or run a business, we'd love to invite you along to meet local business owners, make new connections, and share your story.

BNI is built on relationships, support, and helping businesses grow, and we'd be delighted to welcome veterans from across the area to join us for breakfast and networking.

📅 Thursday 25th June
📍 Macclesfield Golf Club
⏰ 6.45am – 8:30am

Whether you're a sole trader, entrepreneur, or established business owner, we'd love to hear from you.

Please get in touch for more information or to reserve your place.

09/06/2026

De-risking strategies may involve broader diversification of your investments and regular reviews of your portfolio to help manage risk.

Selling investments during a market dip can harm long-term growth. Having a cash buffer set aside can help you avoid this.

The right time to de-risk depends on your goals and need for income as well as your attitude to risk, it is about finding the right balance.

Approaching retirement: what is the right time to de-risk?

04/06/2026

Pensions UK’s latest Retirement Living Standards (RLS) update shows the nation is not saving enough for retirement.

Fewer than one in four (23%) are on track for a ‘moderate’ standard of living in retirement. This falls to just 9% on track for a ‘comfortable’ retirement.

Increases in the cost of living, particularly food, energy and transport, have significantly pushed up the annual income required for a comfortable old age.

Pensions UK Report: Figures paint dire picture of nation’s saving

29/05/2026

Bonds are back in the headlines, with political uncertainty driving fresh volatility in what is usually seen as a steadier part of the market. But why does this matter for investors? We answer some of the key questions.

Why bonds are back in the spotlight – and why it matters

27/05/2026

A personal experience brought the value of key person and critical illness cover into sharp focus.

The right protection enabled faster treatment, reduced uncertainty, and eased pressure on both the individual and the business.

By removing financial and operational strain, it helped keep the business stable and growing during a challenging time.

When key person cover becomes personal for business owners