Beechwood Financial Services

14/03/2025

March's Blog focuses on how you can increase your state pension entitlement and spend time with your grandchildren! Written by Michelle Murphy

Childcare costs are high, with the average full-time nursery fee for a child under two being £302.10 per week, over £15,700 annually1. Many grandparents are stepping in to help, with 27% of pre-school children receiving informal care from family in 2022.

16/12/2024

In our final blog of 2024, Vig Gunasegaran, Chartered Financial Planner explores the the topic of financial fraud and tips for protecting your assets from scammers.

The holiday season is a time for joy and celebration, but it’s also a prime opportunity for fraudsters to strike. No one is immune from their schemes; they often target individuals using emotional manipulation to steal money or personal data. However, by staying vigilant and taking a moment to sto...

04/11/2024

After weeks of speculation, the Autumn Budget is finally here! Phil Boon summarises the key points in our latest blog post:

Rachel Reeves’ first Budget as Chancellor has had the rumour mill in overdrive as she strives to fill a blackhole in the public finances.

11/09/2024

Our latest blog explores the challenges posed when transitioning from saving to spending in retirement. By Vig Gunasegaran, Chartered Financial Planner

While retirement is often viewed as a time for celebration, it can also be a period of significant adjustment. Transitioning from a structured work life to one where your time is entirely your own can be challenging.

27/06/2024

Vig explores How much the average person spends in retirement, in our latest blog.

https://beechwoodfs.co.uk/2024/06/26/how-much-does-the-average-person-spend-in-retirement/

31/05/2024

What are the potential effects of the General Election on investment markets? Stephen Sale explores this question in our latest blog post.

On 22nd May, the Prime Minister called for an election to take place on 4th July. Away from the political significance, investors may also be considering how this will affect their portfolio. In all likelihood, the impact should be limited, but we provide further comments below.

20/03/2024

Are you ready for the tax year end? In our latest blog post, Michelle Murphy has provided a checklist to help.

With the end of the tax year fast approaching (5th April), have you maximised your tax allowances? Here are a few areas to consider.

19/03/2024

Great evening at last week's Landlord Open Evening, hosted by Wright's Estate Agents at Welwyn Garden City Golf Club ! Really informative talks from guest speakers Crane & Staples Solicitors, Pomeroy Solicitors and Premier Property Solutions Danny Norris. Covering a wide range of topics from legal considerations to taxation and mortgages on buy to let's.

A big thank you to Wright's of Welwyn Garden City for inviting us along!

11/03/2024

Following the Spring Budget, Phil Boon summarises the key changes introduced.

Despite some early speculation that the Chancellor may cut income tax, he instead chose to cut the rate of National Insurance by 2% – a move to specifically help workers. Income tax bands and rates therefore remain unchanged.

11/01/2024

We are currently looking to recruit a Financial services Administrator to join our busy but friendly team.

Would suit someone with previous administration experience, ideally in financial services, or someone looking to change sectors.

Full details below. Please share with anyone who may be interested.

Many thanks

13/10/2023

With interest rates at their highest for some years, Vignas Gunasegaran explains when savings interest will be liable to income tax in our latest blog entry.

By Vig Gunasegaran The increase in interest rates has been welcomed by UK savers who have been able to get a reasonable rate on savings for the first time in over 10 years, as shown in the graph below. Whilst this has helped somewhat in the face of higher rates of inflation, many savers will […]

04/09/2023

In this month's blog, Vignas Gunasegaran explains how charitable giving can reduce Inheritance Tax for an individual

by Vig Gunasegaran Inheritance tax can be a significant concern for many families in the UK. The thought of a large portion of their hard-earned wealth going to the government can be unsettling, especially when there are ways to mitigate this financial burden. There are various strategies available....